Loopring Cryptocurrency is currently on bearish momentum by 26.70% in the last 7 days. At 00:03 EST on Saturday, 24 April, Loopring is at $0.47.
Regarding Loopring’s daily highs and lows, it’s 9.48% up from its trailing 7 days low of $0.43 and 38.86% down from its trailing 7 days high of $0.77.
Currently, Loopring has 70315 Twitter followers and 10026 Reddit subscribers.
As of now, on Github, there are 90 forks, 270 stars, and 38 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Loopring’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin retreats to weekend’s flash crash lows amid tax anxiety. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.7% to about $51,837, just above the low of $51,707 reached Sunday. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.", "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. "
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
Bitcoin drops below $50,000 amid tax and momentum concerns. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. "
More news about Loopring.