Loom Network (LOOM) has displayed impressive resilience, surging 81% in price over the past week and securing its position as the 91st largest crypto by market capitalization.
Loom broke fib. Next is 1.61 (or its a big fake out) but weird all market dump or on sideways and one coin without any reason, fundamental, partnerships just made a new all time high sin 2019.
All-time high May 04, 2018 (5 years ago) $0.7745-57.03%
All-time low Mar 13, 2020 (4 years ago) $0.007666+4241.09%
$LOOM Price Prediction
As of October 14th, the price of Loom Network stands at $0.29, boasting a 24-hour trading volume of $790.51 million and a market capitalization of $339.42 million. Over the past 24 hours, $LOOM’s price has surged by 10.57%.
This price movement presents an attractive opportunity for scalpers, who engage in rapid buying and selling to secure modest gains. Nevertheless, traders should exercise caution due to indications of potential market manipulation.
Despite its promising performance, $LOOM’s price remains susceptible to market fluctuations. The next target is set at $0.32 if the current momentum persists. However, for a bullish trajectory, $LOOM must maintain support at $0.23. A breach of this level could signify a reversal, leading to a retreat back to $0.14.
