Loopring Reaches New Highs as Breakout Potential Emerges

Loopring (LRC) has seen a significant rebound, rising 11.5% in the last 24 hours and currently trading at $0.09775. The token is holding its support level of $0.08641 while facing resistance near $0.1023 within a tightening descending channel. This dynamic positioning raises potential for LRC to break out above this resistance, fueling a projected 76.45% upside move from current levels.