2/20/2024 0 Comments Loom crypto chart![]() ![]() For example, a 12-day simple moving average for LOOM is a sum of LOOM’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for LOOM over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Loom Network price prediction tools. ![]() When trying to predict the Loom Network price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Loom Network traders use a variety of tools to try and determine the direction in which the LOOM market is likely to head next. In the last month, the LOOM/USD pair is down. To get a better idea of what could happen to the Loom Network price in the future, it’s helpful to also explore Loom Network’s price history. Periodīased on today's classical pivot point (P1) with the value of $ 0.110550, Loom Network has support levels of $ 0.106476, $ 0.102392, and the strongest at $ 0.098317. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Loom Network Price Forecast Based on Technical Analysis Compared to today’s price, Loom Network could gain 69.96% by 2030 if it reaches the upper price target. The Loom Network price prediction for 2030 is currently between $ 0.065648 on the lower end and $ 0.185099 on the high end. Compared to today’s price, Loom Network could gain 62.01% by 2025 if LOOM reaches the upper price target. The Loom Network price prediction for 2025 is currently between $ 0.069181 on the lower end and $ 0.176437 on the high end. Using the same basis, here is the Loom Network price prediction for each year up until 2030. Meanwhile, the price of Loom Network is predicted to reach as high as $ 0.257566 next year. Long-term Loom Network price prediction for 2024, 2025, 2026, 2027, 2028, 20īased on the historical price movements of Loom Network and the BTC halving cycles, the yearly low Loom Network price prediction for 2024 is estimated at $ 0.072856. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Loom Network forecast, it's now a bad time to buy Loom Network.ĭisclaimer: This is not investment advice. Loom Network recorded 15/30 (50%) green days with 3.49% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 73 (Greed). When investing, your capital is at risk.According to our current Loom Network price prediction, the price of Loom Network is predicted to rise by 24.70% and reach $ 0.134529 by January 1, 2024. Which means they are subject to high volatility, for quick changes in price.ĭisclaimer: The content on this site should not be considered investment advice. Source: FinboldĪll things considered, the three mentioned cryptocurrencies have a comparatively low market cap and low liquidity among the most valuable projects in the market. IMX is priced at $0.61 by press time, having lost 6.9% in the day, for a price retrace that drained almost half of the reported gains. Registering a meaningful 29% price appreciation in the last seven days, with 174 new addresses for the network growth metric. Notably, ImmutableX is the digital asset with the highest market capitalization from this analysis. Meanwhile, FRONT is changing hands at $0.35, in a small retrace of 1.77% in the last 24 hours, from the weekly pump. Source: Finbold FRONT price analysisįrontier had the lower network growth among these three cryptocurrencies, registering 43 newly created addresses, which has not prevented the token FRONT from seeing massive weekly gains of 138%. LOOM is currently being traded at $0.11 by press time, with daily gains of 5.36% in the last 24 hours. With a 145% price appreciation and 304 new addresses created in the week. Loom Network was the best performer among the analyzed projects.
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