LOOM🔥🔥🔥
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$Loom Network ($LOOM) is showing promising signs😇😇😇😇
_Key Highlights:_
1. Support at $0.04 confirmed, indicating a potential reversal.
2. Strong trading activity driving price upward.
3. Target price: $0.077, representing a 92.5% increase from current levels.
4. Potential boost from $MANA 's effect, amplifying the trend.
5. Previous rally: 580% gains observed.
_Technical Analysis:_
1. RSI (14): 54.21 (neutral/bullish)
2. MACD (12, 26): 0.004 (bullish crossover)
3. Trend Lines: Uptrend formation
_Fundamental Analysis:_
1. Loom Network's scalable, Ethereum-based platform for gaming and social apps.
2. Strong development activity and community engagement.
3. Partnership with notable gaming companies.
_Investor Sentiment:_
1. Bullish sentiment driven by $MANA 's influence.
2. Increased trading volume and liquidity.
3. Potential for short-term profits.
_Actionable Insights:_
1. Buy on dips near $0.04 support.
2. Set take-profit targets at $0.077 and beyond.
3. Monitor $MANA 's impact on the trend.
Please note that cryptocurrency markets are highly volatile. Set realistic targets, manage risk, and stay informed. $MANA
$ETH
#BinanceBlockchainWeek #16thBTCWhitePaperAnniv #Write2Earn! #LOOM🔥🔥🔥
_Key Highlights:_
1. Support at $0.04 confirmed, indicating a potential reversal.
2. Strong trading activity driving price upward.
3. Target price: $0.077, representing a 92.5% increase from current levels.
4. Potential boost from $MANA 's effect, amplifying the trend.
5. Previous rally: 580% gains observed.
_Technical Analysis:_
1. RSI (14): 54.21 (neutral/bullish)
2. MACD (12, 26): 0.004 (bullish crossover)
3. Trend Lines: Uptrend formation
_Fundamental Analysis:_
1. Loom Network's scalable, Ethereum-based platform for gaming and social apps.
2. Strong development activity and community engagement.
3. Partnership with notable gaming companies.
_Investor Sentiment:_
1. Bullish sentiment driven by $MANA 's influence.
2. Increased trading volume and liquidity.
3. Potential for short-term profits.
_Actionable Insights:_
1. Buy on dips near $0.04 support.
2. Set take-profit targets at $0.077 and beyond.
3. Monitor $MANA 's impact on the trend.
Please note that cryptocurrency markets are highly volatile. Set realistic targets, manage risk, and stay informed. $MANA
$ETH
#BinanceBlockchainWeek #16thBTCWhitePaperAnniv #Write2Earn! #LOOM🔥🔥🔥
🚀 Stop Only 🚀
#HotTrends
#LOOM🔥🔥🔥
BIG PUMP BIG NEWS COME
ENTRY RANGE 0.125
TARGET 3X PROFIT
1🎯 0.15
2🎯 0.2
3🎯 0.3
4🎯 0.4
5🎯 0.5
BUY BUY SPOT NO.FUTURE TRADE
BIG PROFIT
#HotTrends #LUNA #BTC
$LOOM $BNB $SOL
#HotTrends
#LOOM🔥🔥🔥
BIG PUMP BIG NEWS COME
ENTRY RANGE 0.125
TARGET 3X PROFIT
1🎯 0.15
2🎯 0.2
3🎯 0.3
4🎯 0.4
5🎯 0.5
BUY BUY SPOT NO.FUTURE TRADE
BIG PROFIT
#HotTrends #LUNA #BTC
$LOOM $BNB $SOL
#LOOM🔥🔥🔥 😍😍😍😍😍
LIVEDAILY UPDATE ON BTC
--
LOOM COIN ANALYSIS 🔥🔥 👇 BIG PUMP SOON 🔥🔥👇
#BinanceLaunchpoolHMSTR
---$LOOM
LOOM/USDT Price Action Update - Major Breakout Incoming?
LOOM/USDT has caught the attention of traders with a significant move on the daily chart. Let's dive into the key technicals and what they could mean for the price action going forward.
Key Technicals:
1. Descending Wedge Breakout: After months of consolidation, LOOM has broken out of a large descending wedge pattern. This pattern is typically a bullish reversal signal, where price consolidates with lower highs and lower lows until it breaks to the upside. A confirmed breakout could signal the end of the downtrend that started earlier this year.
2. Resistance Zone Ahead: LOOM is currently trading around $0.0598 with a daily gain of +1.87%. However, the price faces a critical resistance zone between $0.080 - $0.100, as highlighted in the chart. This region is crucial for any sustained bullish movement. A breakout above this resistance zone would signal strong buying momentum and could potentially push LOOM towards new highs.
3. Volume and Momentum: The recent price movement has been supported by a noticeable increase in volume, indicating growing market interest. If this trend continues, the likelihood of breaking above the resistance increases significantly. Watch for an uptick in volume as an early confirmation of a sustained rally.
4. Support Levels: On the downside, the $0.0394 level serves as a solid support. This level has been tested multiple times and has held strong. If LOOM fails to sustain the breakout, this would be the key area to watch for potential bounce opportunities.
5. Potential Bullish Targets:
First target: $0.080 - $0.100 (Resistance zone).
If this resistance is broken, the next potential target could be around $0.120 - $0.140, based on previous price action.
Beyond that, a more aggressive move towards $0.160 is possible in the medium term if the broader crypto market remains favorable.
Market Sentiment:
The broader market sentiment will play a key role in LOOM's price action. Keep an eye on Bitcoin and Ethereum's performance as they often influence altcoins like LOOM. A bullish move in the overall market could further fuel LOOM's breakout, while a market correction might slow down its momentum.
Conclusion:
LOOM/USDT is at a crucial juncture, with the price breaking out of a descending wedge and heading towards a significant resistance zone. Traders should closely watch for confirmation of the breakout with increased volume and sustained price action above $0.080. A failure to break above resistance could lead to a retest of support at $0.0394.
Stay vigilant, and remember to manage your risk as the crypto market can be volatile.
---
What do you think of LOOM's price action? Will it break the resistance and head to new highs? Let me know in the comments!
---
#TCPredictedNewATH
#moonbix
#BTCReboundsAfterFOMC
#CATIonBinance
---$LOOM
LOOM/USDT Price Action Update - Major Breakout Incoming?
LOOM/USDT has caught the attention of traders with a significant move on the daily chart. Let's dive into the key technicals and what they could mean for the price action going forward.
Key Technicals:
1. Descending Wedge Breakout: After months of consolidation, LOOM has broken out of a large descending wedge pattern. This pattern is typically a bullish reversal signal, where price consolidates with lower highs and lower lows until it breaks to the upside. A confirmed breakout could signal the end of the downtrend that started earlier this year.
2. Resistance Zone Ahead: LOOM is currently trading around $0.0598 with a daily gain of +1.87%. However, the price faces a critical resistance zone between $0.080 - $0.100, as highlighted in the chart. This region is crucial for any sustained bullish movement. A breakout above this resistance zone would signal strong buying momentum and could potentially push LOOM towards new highs.
3. Volume and Momentum: The recent price movement has been supported by a noticeable increase in volume, indicating growing market interest. If this trend continues, the likelihood of breaking above the resistance increases significantly. Watch for an uptick in volume as an early confirmation of a sustained rally.
4. Support Levels: On the downside, the $0.0394 level serves as a solid support. This level has been tested multiple times and has held strong. If LOOM fails to sustain the breakout, this would be the key area to watch for potential bounce opportunities.
5. Potential Bullish Targets:
First target: $0.080 - $0.100 (Resistance zone).
If this resistance is broken, the next potential target could be around $0.120 - $0.140, based on previous price action.
Beyond that, a more aggressive move towards $0.160 is possible in the medium term if the broader crypto market remains favorable.
Market Sentiment:
The broader market sentiment will play a key role in LOOM's price action. Keep an eye on Bitcoin and Ethereum's performance as they often influence altcoins like LOOM. A bullish move in the overall market could further fuel LOOM's breakout, while a market correction might slow down its momentum.
Conclusion:
LOOM/USDT is at a crucial juncture, with the price breaking out of a descending wedge and heading towards a significant resistance zone. Traders should closely watch for confirmation of the breakout with increased volume and sustained price action above $0.080. A failure to break above resistance could lead to a retest of support at $0.0394.
Stay vigilant, and remember to manage your risk as the crypto market can be volatile.
---
What do you think of LOOM's price action? Will it break the resistance and head to new highs? Let me know in the comments!
---
#TCPredictedNewATH
#moonbix
#BTCReboundsAfterFOMC
#CATIonBinance
$LOOM TO GO THE MOON !! PUMP !!
Guys as you can see it start pumping high after breaks the resistance level 0.064$ with good uptrend momentum !! Look like it will go more high with 15-30% to reach 0.074$ and makes new pattern with resistance but you can makes money at here to reach with 0.074$ !! Take your entry and hold on your position here !!
Check my latest graph below here to take your entry and makes money with bullish trend !!
#LOOM🔥🔥🔥
#LOOMUSDT
#ETH_ETF_Approval_23July
#BinanceHODLerBANANA
#BinanceTournament
$PEPE
$SHIB
Guys as you can see it start pumping high after breaks the resistance level 0.064$ with good uptrend momentum !! Look like it will go more high with 15-30% to reach 0.074$ and makes new pattern with resistance but you can makes money at here to reach with 0.074$ !! Take your entry and hold on your position here !!
Check my latest graph below here to take your entry and makes money with bullish trend !!
#LOOM🔥🔥🔥
#LOOMUSDT
#ETH_ETF_Approval_23July
#BinanceHODLerBANANA
#BinanceTournament
$PEPE
$SHIB
$LOOM WILL BREAKOUT SOON !!
Guys take your entry here also as it breaks the resistance level with highly bullish trend look likes it will go long pump here and makes bullish market with $BTC !! You can take entry at small dump and hold it for long pump !! I think it will rise 20-30% and reach 0.066$ !!
Check my latest graph below here to take your entry and make money !!
#LOOM🔥🔥🔥
#LOOMARMY
#BinanceHODLerBANANA
#BinanceTurns7
#BinanceTournament
$STRAX
Guys take your entry here also as it breaks the resistance level with highly bullish trend look likes it will go long pump here and makes bullish market with $BTC !! You can take entry at small dump and hold it for long pump !! I think it will rise 20-30% and reach 0.066$ !!
Check my latest graph below here to take your entry and make money !!
#LOOM🔥🔥🔥
#LOOMARMY
#BinanceHODLerBANANA
#BinanceTurns7
#BinanceTournament
$STRAX
