Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
LRC Price Recovery? LRC Holds At $0.05607 As Loopring Grabs Liquidity Sweep, Printing Bullish Bet

LRC Price Recovery? LRC Holds At $0.05607 As Loopring Grabs Liquidity Sweep, Printing Bullish Bet

BlockchainReporterBlockchainReporter2025/12/20 03:01
By:BlockchainReporter

Loopring price action is indicating a potential move to the upside as flagged by market analyst Crypto Patel. Loopring (LRC) is a cryptocurrency that utilizes zkRollup technology to provide users with fast, low-cost trading and payments on the Ethereum network and multiple blockchain networks. LRC’s price, which currently stands at $0.05641, has been down 2.2% and 3.4% over the past week and month, a reflection of the downtrend in the broader crypto market.

As of today, December 19, 2025, most cryptocurrency markets are trading under selling pressure, confirmed by the latest prices of Bitcoin and Ethereum, which currently hover at $88,263 and $2,964, down 4.5% and 8.5% over the past week, respectively. These negative figures give a clear picture that most crypto markets are experiencing broad declines and losses as macroeconomic uncertainty and consolidation fatigue weigh their prices down.

$LRC Price pushed up, grabbed liquidity above recent highs, and ran straight into a bearish order block: Now showing rejection.

Short zone: 0.0573
Invalidation: 0.0623
Targets: 0.0523 → 0.0496

Trend stays Bearish.
If sellers step in here, downside liquidity is the magnet.… pic.twitter.com/QAtltVcO8o

— Crypto Patel (@CryptoPatel) December 19, 2025

Why Buy-Side Liquidity Sweep Matters

However, after recent downturns, Loopring is witnessing a potential bullish reversal and buy interest. The analyst identified a classic pattern popularly recognized as a buy-side liquidity sweep, where large players like institutions, market makers, and smart money bolster prices into zones where several stop-loss orders are sitting. As flagged by the analyst, LRC is gaining upside momentum, as so far, its price has reached the 0.0573 price zone, where big investors triggered stop-loss orders in the past.

That price sweep was accompanied by a significant rebound that previously made LRC surge higher and record strong trading volume. With the rising momentum, attention now shifts to the $0.0623 zone, which corresponds with a previous price top and could function as a resistance level, according to the analyst.

LRC Price Recovery? LRC Holds At $0.05607 As Loopring Grabs Liquidity Sweep, Printing Bullish Bet image 0 The current price of Loopring is $0.05641.

What Is the Next Move For LRC?

The analyst is closely watching to assess if LRC can hold above the liquidity zone or if it will retreat to test lower supports. Amid the ongoing heightened, volatile swing period in the larger market, LRC has found its footing and is consolidating, hinting potential accumulation zone where buyers are moving into the market. This market behavior signifies a robust foundation for a short-term bullish move.  

The rising demand for zk-Rollups scaling solution to enhance transactions throughout while maintaining security in DEXs (decentralized exchanges) is an underlying driver for LRC’s price strength. This demand impacts the price of Loopring and other crypto market providers of zero-Knowledge Rollups solutions, such as zkSync (ZK), etc.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Market Cap Surges by $1 Trillion in Nearly Four Months, 36x P/E Ratio Hits Highest Since 2008: Apple (AAPL.US) Earnings Leave No Room for Disappointment

Apple has reached its highest valuation since 2008 with a price-to-earnings ratio of 36, regaining the top spot globally with a market cap of $5.03 trillion. However, Wall Street remains cautious due to its high valuation and low growth, leaving little room for error in its earnings reports.

智通财经•2026/11/02 12:23
Market Cap Surges by $1 Trillion in Nearly Four Months, 36x P/E Ratio Hits Highest Since 2008: Apple (AAPL.US) Earnings Leave No Room for Disappointment

Quarterly refinancing statement due on Wednesday, U.S. Treasury market holds its breath for major signals

The U.S. Treasury will release its quarterly refinancing statement this Wednesday, and the market anticipates that this may be the largest adjustment to U.S. Treasury issuance guidance since the beginning of 2024. Citi even predicts that the Treasury might cut 20-year and 30-year bond issuances ahead of schedule, shifting to increase the supply of short- and medium-term bonds. However, with the proportion of Treasury bills already rising to 22%, the pressure from short-term financing and the demand for long-term borrowing are creating a dilemma for the adjustment of the issuance structure.

华尔街见闻•2026/11/02 12:20
Quarterly refinancing statement due on Wednesday, U.S. Treasury market holds its breath for major signals

UBS Sees Buying Opportunity After Tech Stock Plunge: Market Underestimates AI Supercycle, Inflection Point for Returns May Come in 2027

UBS stated that after the recent AI pullback, the valuation of hyperscale data centers appears attractive, as the market expects the AI cycle to be shorter than it actually will be. Hyperscale data center operators may soon enter a phase where their significant investments in artificial intelligence begin to pay off. Gerry Fowler, UBS's Chief European Equity Strategist and Head of Derivatives, believes that a turning point may occur in 2027.

智通财经•2026/11/02 12:07
UBS Sees Buying Opportunity After Tech Stock Plunge: Market Underestimates AI Supercycle, Inflection Point for Returns May Come in 2027

U.S. Stocks Preview | Three Major Index Futures Rise, WTI Crude Falls Below $100, Midterm Elections, Apple Earnings, and Nonfarm Payrolls All Coming This Week

On November 2 (Monday), before the US stock market opened, futures for the three major US stock indexes all rose.

智通财经•2026/11/02 11:57