LRC to drop down to the T1.00 pivot
LoopringCoin V2 / Tether KUCOIN:LRCUSDT
LRC has had an incredible run since the gamestop announcement!
However whith any run that banks ~50% in less than 6 hours… you’re gonna get a correction.
We’re within a downward elliot wave cycle with E/1 landing at just about a dollar, once LRC tanks and goes below 0.99 or so
We will than see a rise back up but will, in my opnion, stay within the downward trend into the triangle for an eventual breakout.
