Korean traders are notorious for pump-and-dump schemes. □Which token is next on their to-do-list ? □ #DYOR □□♂️ /VbqZImSIWR ▪️They specialize in pumping dead projects. Upbit N01 bag is not #Btc, #Eth or Stables. Korean exchange Upbit has ranked LOOM token the biggest gainer, a move that is raising questions, considering the region is known for regularly pumping and dumping cryptos. Aggressive sellers will take the reins if the token slides below this support, which might push LOOM to the next key area at $0.11 and if declines intensify to $0.07. Holding above this level could help secure the uptrend while allowing more traders to jump in. LOOM sits on top of local support at $0.17. In LOOM’s case, the 21-day Exponential Moving Average (EMA) (red) is holding above both the 100-day EMA (blue) and the 200-day EMA (purple). A golden cross occurs when a short-term moving average flips above a long-term moving average reinforcing the bullish grip and a high probability of prices sustaining the rally. Multiple golden cross patterns back the uptrend. However, caution is advised considering the Relative Strength Index (RSI) at 93 is highly overbought. Traders may want to keep speculating with longs as long as the MACD stays above 0.02. The Moving Average Convergence Divergence (MACD) indicator’s upward trajectory affirms the bullish outlook. The short-term bursts allow for new entries for buying and selling the digital asset on short-term periods for small but meaningful profits, considering the lock-step movements exhibited by prominent cryptos. Traders are finding excellent scalp opportunities in LOOM with the token soaring even further on the MEXC exchange. If you're interested in purchasing it, you can find step-by-step instructions on the how to buy Loom Network (OLD) page.Advertisement Loom Network Price Prediction: Rally Shows No Signs Of Slowing Down LOOM coin is currently traded on five exchanges. Additionally, for certain markets, we provide depth, indicating the amount available for trading within +/- 2% of the current market price for Loom Network (OLD). * The Volume by Exchange represents the total amount of trades for this coin. * Loom Network (OLD) stock symbol is LOOM, with this symbol it's traded on all cryptocurrency exchanges in our base. A more extensive sell-off that brings the price below this level could trigger the second major support level at $0.0826441 to come into play during the course of the day. In the event that the price of the asset drops, the initial support level to watch out for is at $0.0961071. These levels indicate potential price points where LOOM could encounter resistance or experience a surge in value. The third resistance is even higher at $0.1322543. From the maximum price of the last 30, and 7 days it's value is down by -11% and -2%, and from the minimum recorded price in the same timeframe, its up by 10%.Īccording to the analysis, LOOM needs to stay above the 0.0961071 level to have a chance to move towards the first major resistance level at $0.1134108.If it experiences another significant rally, it could test the next major resistance level at $0.1224819. Currently, LOOM stock is down by -0.07% from the open. Loom Network (OLD) price today opened at 0.1129658. For the previous 52 weeks, the lowest and highest value for Loom Network (OLD) was $0.0367076 and $0.4815790.Ĭompared to other crypto coins which started the same year as Loom Network (OLD) it has above-average trading volume, average volume for the other 916 coins started in 2018 is $6M while LOOM has $17M. Roughly 5 Years and 7 Months have passed since then.The minimum level LOOM dropped after ATH is $0.007286 price is up by 1,449% from that low. Loom Network (OLD) hit its maximum price on and has recorded an all-time high price of $0.681238. Loom Network (OLD) raised $46 million in a crowdsale that started in Jan 2018, price for one LOOM at ICO was $0.0760000. It has a circulating supply of 1 billion LOOM coins and is ranked #227 by current Loom Network (OLD) market cap of $138 million. The price is down by ( -0.14%) for the last 24 hours. Loom Network (OLD) LOOM Price today is $0.1128849, for the last 24 hours 149,147,898 LOOM coins were exchanged with a trading volume of $16,836,542. Loom Network (OLD) LOOM cryptocurrency operates on its own blockchain, launched in March 2018.
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