Lumerin (LMR)
Lumerin (LMR)
Lumerin price seemed to be stabilizing near the demand zone in the recent sessions. Despite forming a range at the support, LMR succeeded to gain 28% emerging as the 3rd top AI crypto gainer this week.
The daily chart highlights that the journey of Lumerin crypto has been induced with volatility in the recent sessions. The crypto saw a strong decline in the last three months losing nearly 80% of its value.
However, the recent sessions saw a significant buying activity which has improved the confidence of the investors. The transaction volume has surged by 12.2% a day to $1.1 Million suggesting a heightened demand.
On the higher side, a breakout of the higher boundary of the range could unlock further upside potential till the 200 day exponential moving average and beyond. The volume to market cap ratio at 7.82% suggests low volatility.
Lumerin price seemed to be stabilizing near the demand zone in the recent sessions. Despite forming a range at the support, LMR succeeded to gain 28% emerging as the 3rd top AI crypto gainer this week.
The daily chart highlights that the journey of Lumerin crypto has been induced with volatility in the recent sessions. The crypto saw a strong decline in the last three months losing nearly 80% of its value.
However, the recent sessions saw a significant buying activity which has improved the confidence of the investors. The transaction volume has surged by 12.2% a day to $1.1 Million suggesting a heightened demand.
On the higher side, a breakout of the higher boundary of the range could unlock further upside potential till the 200 day exponential moving average and beyond. The volume to market cap ratio at 7.82% suggests low volatility.
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