Loom Network (LOOM) Logo Thumb Loom Network LOOM

Rank #319 Cryptocurrency

Price Loom Network (LOOM)
589.0828782  

Market Cap. : IDR 718,344,224,200 1.89069%

Loom Network Price Live Data

The live Loom Network price today is IDR 589.0828782 with a 24-hour trading volume of IDR 89,457,415,390. We update our LOOM to price in real-time. Loom Network is 1.89069% in the last 24 hours. The current ranking is #319, with a live market cap of IDR 718,344,224,200. It has a circulating supply of 1,219,430,000 LOOM coins and a max. supply of 0 LOOM coins.

If you would like to know where to buy Loom Network , the top cryptocurrency exchanges for trading in Loom Network stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Loom Network to IDR


What is Loom Network (LOOM)?

"Loom Network (LOOM) is an Ethereum token that powers a network of delegated proof of stake sidechains (a system that Loom dubs “EOS on Ethereum”). This allows for highly-scalable games and user-facing dApps backed by the security of Ethereum."

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Buying tips Loom Network (LOOM)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Loom Network (LOOM). Technically you can combine several indicators to get the right formula for determining the entry point Loom Network. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Loom Network can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Loom Network can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Loom Network. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Loom Network. So when is the right time? the following are brief tips.

  • When the price Loom Network is high, the first moment that could be a good time to sell Loom Network is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Loom Network Rise In the Short Term, Very fast price fluctuations make investors Loom Network too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Loom Network experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Loom Network owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Loom Network high, Price increase & decrease chart Loom Network can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Loom Network, of course, besides that there are many other indicators that you can use to trade/invest.