Indicators On The Daily Charts Of ROSE And LRC Look Positive

Last Updated:
Indicators On The Daily Charts Of ROSE And LRC Look Positive
  • A crypto analytics platform drew people’s attention to the cup and handle setups on the daily charts of ROSE and LRC.
  • The narratives for both of these cryptos are looking positive at the moment.
  • ROSE is currently worth about $0.07381 after a 13.81% increase in price.

The crypto and market education platform IncomeSharks took to Twitter on February 12 to share some insights about the price of Oasis Network (ROSE) and Loopring (LRC), and what these cryptos might do in the coming days.

ROSE / Tether US 1D (Source: TradingView)

According to the post, there could be some “fun” in store for both ROSE and LRC with the cup and handle setups on these crypto’s daily charts. IncomeSharks added that things are looking bullish for both cryptos as long as their dips do not last very long and their resistances get tested soon.

Loopring / US Dollar 1D (Source: TradingView)

The post was concluded by IncomeSharks stating that the narratives for both of these cryptos are looking positive at the moment.

Data from CoinMarketCap indicates that ROSE is currently worth about $0.07381 after a 13.81% increase in price over the last 24 hours. In addition to this, ROSE is in the green by more than 30% over the last seven days.

Also in the green zone is ROSE’s 24 hour trading volume which stands at $171,366,773 after a more than 160% increase since yesterday.

LRC is also in the green for today, and is currently worth $0.428 after a 8.92% increase in price over the last day. The altcoin’s positive daily performance contributed to its successful weekly performance as LRC is up by more than 8% over the last week.

LRC’s 24 hour trading volume is down by over 18% and now stands at $293,908,103. With its market cap of $568,069,426, LRC is currently ranked as the 77th biggest crypto in terms of market capitalization.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.