<em><strong>Loopring and Ox Protocol prices are consolidating. However, LRC bulls are in a clear bullish breakout pattern and may print new H2 2021 highs.</strong></em>
<h2>Loopring (LRC)</h2>
The platform scales Ethereum via Layer-2, allowing DEXes and NFTs to take cheaply and settle instantaneously using LRC governance token.
<h3>Past Performance of LRC</h3>
The Loopring crypto token is trading in a bullish breakout pattern above crucial resistance levels.

As of writing, LRC is up 11 percent versus the greenback on the last trading day but within the August 22 trade range.

At the same time, <a href="https://www.cryptoknowmics.com/news/cream-finance-cream-and-loopring-lrc-technical-analysis-bears-slowing-down-bulls/">LRC token bulls</a> are firm, sustaining prices above June 2021 highs.
<h3>Day-Ahead and what to Expect</h3>
In all, the LRC technical analysis of the daily chart points to strength.

Even though there has been a pullback, buyers are still in control.

There are signs of buy trend continuation at the time of writing to the rejection of lower lows.

Additionally, since Loopring prices are within the August 22 bull range, there is a chance for buyers to cement their positions, absorbing the selling pressure of the last few days.
<h3>Loopring Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/08/Loopring-Price-Daily-Chart-for-Aug-27.png"><img class="alignnone size-full wp-image-210691" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/08/Loopring-Price-Daily-Chart-for-Aug-27.png" alt="Loopring Price Daily Chart for Aug 27" width="1366" height="768" /></a>

LRC price action in the daily chart is aligned to support ambitious bulls.

Specifically, Loopring bears have failed to drive prices below $$0.40.

Accordingly, every low may be a loading opportunity with immediate targets at $0.60 and later $0.90.

However, if the downtrend is strong and bears flow back, LRC could sink below $0.35, reversing the emphatic gains of August 22.
<h2>Ox Protocol (ZRX)</h2>
The portal is one of the first DEXes. Its native token, ZRX, is among the first DeFi coins to list on Coinbase.
<h3>Past Performance of ZRX</h3>
Overall, the Ox Protocol bulls are in control as per<a href="https://www.cryptoknowmics.com/news/zrx-technical-analysis-price-below-the-first-fibonacci-pivot-resistance-level-of-0-65/"> ZRX technical analysis</a> in the daily chart.

Therefore, every pullback may offer entries for aggressive traders.

All the same, $1.20 is a strong liquidation level that ZRX crypto buyers must first overcome.

Presently, the coin is relatively stable, sliding four percent on the last trading day.
<h3>Day-Ahead and what to Expect</h3>
The Ox Protocol token is consolidating at around August 2021 highs reading from candlestick alignment in the daily chart.

Accordingly, risk-on traders might wait for a sharp close above $1.20 before loading the dips once a clear trend develops.
<h3>Ox Protocol Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/08/Ox-Protocol-Price-Daily-Chart-for-Aug-27.png"><img class="alignnone size-full wp-image-210692" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/08/Ox-Protocol-Price-Daily-Chart-for-Aug-27.png" alt="Ox Protocol Price Daily Chart for Aug 27" width="1366" height="768" /></a>

Although ZRX coin buyers are in control, the short-term trend is indefinite.

Accordingly, traders might stay on the sidelines until there is a close above $1.20.

A dip below the middle BB and $0.90 may see ZRX token <a href="https://www.cryptoknowmics.com/news/zrx-technical-analysis-price-below-the-first-fibonacci-pivot-resistance-level-of-0-65/">prices</a> contract from spot level towards $0.65 or back to $0.50.

Loopring (LRC) and Ox Protocol (ZRX) Technical Analysis: Bulls Dominant in a Pullback

Loopring and Ox Protocol prices are consolidating. However, LRC bulls are in a clear bullish breakout pattern and may print new H2 2021 highs.

Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

Loopring (LRC) and Ox Protocol (ZRX) Technical Analysis: Bulls Dominant in a Pullback

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