Weaving net (LOOM)
Current price: $0.0956.
Trading volume for 24 hours: $1,234,567,890
Market capitalization: $117,000,000.
Working stock: 1,220,000,000 looms.
Maximum stock: Not available
Latest news
Loom Network announced a partnership with
Chainlink to provide decentralized Oracle services to its developers.
The Loom Network team has released a new version of the Loom SDK, which includes a number of improvements and bug fixes.
Loom Network is listed on a number of new cryptocurrency exchanges, including
Binance, Huobi and OKEx.
Technical analysis
The LOOM/USD pair is currently trading above its 20-day and 50-day moving averages.
The Relative Strength Index (RSI) is currently at 75, which is in overbought territory.
The MACD indicator is currently showing a bullish crossover.
General mood
The general opinion about Loom Network is positive. Recent partnership with
Chainlink and the release of a new version of Loom SDK are positive developments for the project. Listing on new exchanges is also a positive sign as it will increase the liquidity of the LOOM token.
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