LooksRare to Break Out Soon

29 באפר׳ 2022

It appears that LooksRare has formed a new support level between $1.30 - $1.50. Assuming that Bitcoin can hold its current support at $38,000 and move upward this weekend or beginning of next week, look for LooksRare to break through the resistance line and make a solid move upward. Keep an eye on the strength of its RSI index when compared to BTC. As indicated by my 2nd chart, it has performed very well while establishing this current support level.