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

FAA halts certification of Boeing 737 MAX 10, shares drop nearly 7%

The FAA has announced the suspension of the Boeing 737 MAX 10 certification due to a new software defect provided by GE Aerospace. This defect could impact the automatic flight guidance function and increase pilot workload during recertification scenarios. There are over 1,500 pending orders for the MAX 10, and certification is crucial for Boeing to improve cash flow and compete against Airbus. The previously expected October certification timeline has been delayed once again. Boeing's share price fell 6.9% on Monday.

华尔街见闻•2026/09/29 02:46

Indirect Negotiations Between the US and Iran? Iran Makes Concessions? Major Differences Remain? Saudi Arabia Resumes Exports? Overnight Oil Prices Volatile and Falling Amid Mixed Bullish and Bearish Views

On Monday, after WTI peaked at $96.54 and Brent surged to $108.83, both benchmarks retreated by over $5 within a few hours. The resumption of Saudi Arabia's East-West pipeline constituted the first substantial bearish factor. Meanwhile, US-Iran diplomatic developments escalated: reports claimed Trump was willing to ease sanctions in exchange for nuclear concessions, which he immediately denied in person; Iran was reportedly willing to suspend uranium enrichment, but the US stated that “major differences remain.” Privately, Iran believes the chances of reaching a deal before the US presidential election are slim. Expectations are for potential escalation in conflicts after the election, making it difficult for market risk premiums to dissipate.

华尔街见闻•2026/09/29 02:36

$100 Oil Price Spurs 'Cash Flow Revaluation' Logic! BP Plans to Sell Brazilian Biofuel Business to Accelerate Focus on Oil and Gas Assets

BP Plc is considering various options for its Brazil biofuel business, including a sale, as CEO Meg O'Neill accelerates efforts to reshape the energy giant's business portfolio.

智通财经•2026/09/29 02:06