Technical analysis by saazaan about Symbol LRC: Buy recommendation (3/18/2025)
https://sahmeto.com/message/3358511

saazaan
Rank: 28071
Analytical Power:
1.4
LRC: BULLISH divergence on daily chart
Buy
Price at Publish Time:
$0.10433
Profit Target:
(+43.78%)$0.15
Stop Loss Price:
(-13.73%)$0.09

Bullish Divergence Confirmed:Both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing bullish divergence on the daily chart. While the price has made a lower low, the RSI and MACD have formed higher lows, indicating weakening downward momentum and a potential trend reversal.Low Market Cap Potential:Given the coin’s low market capitalization, it has the potential for significant price appreciation if buying momentum accelerates, as low-cap assets are often more volatile and responsive to positive sentiment.As always, monitor the trade closely and adjust your strategy as needed based on market conditions.
Source Message: TradingView