Since it first started trading in 2017, the price of LRC, the native cryptocurrency of the Loopring network, increased by 51.07%.
In this article, we are going to examine Loopring price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Loopring can reach $ 10.00.
Loopring price prediction key takeaways
Loopring price prediction 2023
According to our Loopring price prediction for 2023, LRC is expected to trade between $ 0.156557 and $ 0.220629, with an average price of $ 0.187110. At the end of the year, LRC is expected to trade at $ 0.178834.
Loopring price prediction 2024
Loopring is forecasted to reach a high of $ 0.220629 next year, with an average LRC price of $ 0.174167. On the low end, Loopring is expected to bottom out at $ 0.140721 in 2024. By the end of the year, we could see Loopring change hands at $ 0.185526.
Loopring price prediction 2025
In 2025, Loopring could see a peak price of $ 0.547093 and a low of $ 0.158798. The average Loopring price prediction for 2025 is $ 0.273706. By year’s end, LRC is expected to trade at $ 0.214159.
Loopring price prediction 2030
On a longer time scale, our Loopring price forecast for 2030 projects LRC to reach a maximum price of $ 0.193983. Conversely, LRC could trade as low as $ 0.054456 during the year, whereas the average Loopring price is predicted to move around $ 0.101178. By the end of 2030, Loopring is predicted to trade at $ 0.057107.
Loopring (LRC) overview
| Cryptocurrency | Loopring |
|---|---|
| Ticker | LRC |
| Market Cap | $ 238.88M |
| 24H Trading Volume | $ 20.15M |
| Circulating Supply | 1.33B |
| Total Supply | 1.37B |
| 7-Day Price Change | -2.37% |
| 1-Month Price Change | -15.58% |
| 1-Year Change | -50.66% |
| Loopring ROI | 51.07% |
| All-Time High | $ 3.77 |
| All-Time Low | $ 0.019725 |
With a circulating supply of 1.33B LRC, the Loopring cryptocurrency project commands a market cap of $ 238.88M, good for the 114th spot in the crypto market.
In the last 24 hours, $ 20.15M worth of LRC changed hands across 67 crypto exchanges, with Binance accounting for the largest share of LRC trading volume.
Loopring price history
The price of Loopring has been trending in the positive direction in the past 24 hours, increasing by 0.1% to $ 0.179399. In the past week, Loopring’s price lost -2.37%.
In addition, Loopring lost -15.58% in the past month, having traded in the green zone in 14 of the last 30 days.
On a longer time horizon, Cardano saw negative price activity in the last 3 months, underscored by the -15.58% move to the bottom. Meanwhile, the price of LRC decreased by -50.66% in the past year. Overall, Loopring is trading up 51.07% since it first started trading in 2017.
Loopring technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding Loopring is currently bearish, with high volatility score of 8.53% (volatility is a measure of an asset’s price fluctuations).
Loopring is changing hands above the 200-day simple moving average (SMA), a common bearish signal. Also, the price of LRC is currently above the 50-day SMA, which is widely regarded as a bearish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 39 (Fear). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 29.91, indicating that LRC is changing hands in overvalued zone. Overall, there are 4 technical analysis indicators that indicate bullish market activity, and 27 that forecast bearish activity for Loopring.
Loopring price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 0.156557 | $ 0.187110 | $ 0.220629 |
| 2024 | $ 0.140721 | $ 0.174167 | $ 0.220629 |
| 2025 | $ 0.158798 | $ 0.273706 | $ 0.547093 |
| 2026 | $ 0.140706 | $ 0.162017 | $ 0.208904 |
| 2027 | $ 0.126388 | $ 0.153660 | $ 0.175700 |
| 2028 | $ 0.055128 | $ 0.128532 | $ 0.234236 |
| 2029 | $ 0.103588 | $ 0.351592 | $ 0.960846 |
| 2030 | $ 0.054456 | $ 0.101178 | $ 0.193983 |
According to our long-term Loopring prediction, the cryptocurrency is expected to reach a high point of $ 0.960846 at some point in January 2029. On the other end of the spectrum, Loopring could bottom out at $ 0.054456 in August 2030. Per the prediction, Loopring will have the highest average price of $ 0.351592 in 2029.
With a brief overview of Loopring price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for LRC.
Loopring price prediction 2023
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 0.164002 | $ 0.189043 | $ 0.219512 |
| November | $ 0.182876 | $ 0.200638 | $ 0.220629 |
| December | $ 0.178834 | $ 0.189565 | $ 0.196505 |
This year, Loopring is expected to trade in a price range between $ 0.156557 and $ 0.220629, with the average price of $ 0.187110 per LRC coin. The price of LRC is expected to decrease by -0.32% by the end of the year.
Loopring price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| September | $ 0.156557 | $ 0.168240 | $ 0.178916 |
| October | $ 0.164002 | $ 0.191932 | $ 0.220629 |
| November | $ 0.182876 | $ 0.198621 | $ 0.220516 |
| December | $ 0.175867 | $ 0.188481 | $ 0.196505 |
| January | $ 0.176392 | $ 0.190408 | $ 0.202843 |
| February | $ 0.172305 | $ 0.187413 | $ 0.203386 |
| March | $ 0.152968 | $ 0.181421 | $ 0.209871 |
| April | $ 0.154119 | $ 0.161293 | $ 0.170685 |
| May | $ 0.142806 | $ 0.149245 | $ 0.157320 |
| June | $ 0.140721 | $ 0.145980 | $ 0.152030 |
| July | $ 0.143949 | $ 0.150943 | $ 0.157654 |
| August | $ 0.156337 | $ 0.175788 | $ 0.192720 |
In 2024, Loopring is forecasted to trade in a price channel between $ 0.140721 and $ 0.220629. On average, LRC is expected to change hands at $ 0.174167 during the year. The most bullish month per LRC could be November, when the currency could trade 22.98% higher than today.
Loopring price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| October | $ 0.163056 | $ 0.172592 | $ 0.181202 |
| October | $ 0.158798 | $ 0.167532 | $ 0.175285 |
| November | $ 0.166240 | $ 0.197534 | $ 0.285629 |
| December | $ 0.279894 | $ 0.456811 | $ 0.547093 |
| January | $ 0.386091 | $ 0.436644 | $ 0.503519 |
| March | $ 0.372227 | $ 0.394610 | $ 0.423088 |
| April | $ 0.217573 | $ 0.292196 | $ 0.372346 |
| April | $ 0.228133 | $ 0.245006 | $ 0.261158 |
| May | $ 0.206703 | $ 0.222317 | $ 0.241742 |
| June | $ 0.204759 | $ 0.220145 | $ 0.257781 |
| August | $ 0.231815 | $ 0.254343 | $ 0.279128 |
| August | $ 0.210344 | $ 0.226554 | $ 0.242094 |
Generally speaking, Loopring price prediction for 2025 is bullish. The LRC cryptocurrency is forecasted to hit a high point of $ 0.547093 in January and reach a low of $ 0.158798 in October. Overall, Loopring is expected to trade at an average price of $ 0.273706 in 2025.
Loopring price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| September | $ 0.114718 | $ 0.147809 | $ 0.193983 |
| October | $ 0.106515 | $ 0.138784 | $ 0.160352 |
| November | $ 0.101209 | $ 0.113451 | $ 0.125061 |
| January | $ 0.105008 | $ 0.115217 | $ 0.130195 |
| January | $ 0.118117 | $ 0.129558 | $ 0.141869 |
| February | $ 0.101635 | $ 0.107595 | $ 0.123913 |
| April | $ 0.085946 | $ 0.095493 | $ 0.106387 |
| May | $ 0.073939 | $ 0.082615 | $ 0.087017 |
| May | $ 0.071178 | $ 0.077843 | $ 0.104582 |
| June | $ 0.066264 | $ 0.075442 | $ 0.104775 |
| July | $ 0.067461 | $ 0.071416 | $ 0.074246 |
| August | $ 0.054456 | $ 0.058634 | $ 0.067567 |
In the long term, Loopring could reach a price of $ 0.193983 in September. That’s a rather optimistic scenario, as LRC could trade as low as $ 0.054456 in August. Overall, LRC’s price is projected to hover at around $ 0.101178 in 2030, about -43.6% below the current price of $ 0.179399.
Loopring price prediction FAQs
According to InvestMage’s prediction, Loopring could gain as much as 435.59% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Loopring either surpass or not reach the price targets outlined in this article.
Loopring would need to gain 5,574.16% to reach $ 10.00.
In 2023, Loopring is predicted to trade in a price range between $ 0.220629 and $ 0.156557, with the average price being $ 0.187110. The average price is about 4.3% higher than Loopring’s current price.
Loopring is projected to trade in a price range between $ 0.220629 and $ 0.140721, with the average price of $ 0.174167 throughout the year. The price of Loopring is expected to increase by -2.92% in 2024 (compared to Loopring’s current price).
Loopring is forecasted to change hands in a price channel bound by $ 0.547093 on the high end and $ 0.158798 on the low end. Loopring is expected to have an average price of $ 0.174167 in 2025, which is about 52.57% higher than Loopring’s current price of $ 0.179399.
The Loopring price algorithm predicts that LRC will move between $ 0.193983 and $ 0.054456 in 2030, with the average price being $ 0.101178, about -43.6% lower compared to LRC’s current price.
According to the InvestMage predictions, Loopring is expected to go down in value by -2.92% by next year. In 2024, the LRC cryptocurrency could trade up 52.57% compared to today. By 2030, Loopring’s price is expected to decrease by -43.6%, and reach $ 0.101178.
The price of Loopring is algorithmically predicted using historical market price data for LRC and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
