Small analysis on Loopring (LRC)

This analysis is not to buy right away, because crypto has just made an 8%, when we look closely, it is high in the Bollinger bands. If there is a consolidation it may be worth investing a little bit or if we cross the horizontal red line, it is a place extremely worked as a pivot point.
In the second graph we see that it is the lowest point, from the start of Loopring. And there, I analyze it against BTC because the goal is to perform more than BTC.
What is also good is that we are above the moving averages 200, 50 and 20 periods, but the RSI is a little high.
If we have a return on moving averages, this will be a good entry point.
What is also interesting is that we can stake it, because in the technical analysis, sometimes it says: After a drop, you have to wait for another phase which is a range to start again. is this situation or otherwise it is sometimes possible to have V-shaped recoveries, this is not the case.