Over the past day, along with other altcoins, LRC too spiked on its price chart. Now, even though it inched by more than 10% on the daily window, it shouldn’t be forgotten that the alt lost almost the same value in the weekly window.
LRC’s recent rally has been quite phenomenal. From 27 October to 10 November, it appreciated by close to 1000%. But, in the week that followed, the alt lost 40% of its value. However, the long-green candle registered on 19 November managed to flip the narrative back to bullish.
LRC/USDT || Source: TradingView
Amidst the short-term bullish-bearish flippening, LRC’s future course of action remains vague. Thus, looking at the metrics at this point would give an insight into LRC’s trajectory in the coming days.
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