Key Takeaways
Despite periods of market volatility and ongoing challenges in the regulatory landscape, LOOM Network has proven to be a resilient project. Focusing on enhancing scalability for decentralized applications (dApps) and gaming platforms, LOOM continues to position itself as a vital contributor to blockchain infrastructure. Its value proposition is facilitating efficient, fast transactions, positioning LOOM as a strong contender in the evolving blockchain ecosystem.
Overall, the sentiment within the LOOM Network community remains cautiously optimistic as stakeholders monitor the project’s advancements and market performance. As LOOM continues to enhance its scalability and attract partnerships, its price potential invites further analysis and exploration of future opportunities.
Cryptocurrency | Loom Network |
Symbol | LOOM |
Price | $0.04288 |
Market Cap | $53.31M |
Trading Volume 24-h | $1.9M |
Circulating Supply | 1.24B LOOM |
All-time High | $0.7745, May 04, 2018 |
All-time Low | $0.00767, Mar 13, 2020 |
24-h High | $0.04326 |
24-h Low | $0.04172 |
Volatility | 4.87% |
Sentiment | Bearish |
50-Day SMA | $ 0.052314 |
200-Day SMA | $ 0.056979 |
Price prediction | $ 0.065047 (52.46%) |
F & G Index | 20 (Fear) |
Green days | 13/30 (43%) |
14-day RSI | 26.90 |
TL; DR Breakdown:
The LOOM Network price analysis for today, March 6. LOOM is trading at $0.04324, marking a 1.47% increase over the last 24 hours. The cryptocurrency experienced a daily low of $0.04098 and a high of $0.04325, reflecting modest price fluctuations. The token has recently migrated to a new contract address, and users are advised to verify compatibility before conducting transactions. According to CoinMarketCap data, the project maintains an average user rating of 3.6 stars.
LOOM’s daily price chart shows a mixed trend, with early downward pressure followed by a strong recovery. The price initially dipped below $0.045, reflecting bearish momentum, before stabilizing and reversing toward the upside. A key support zone was tested near $0.04098, where buyers stepped in, preventing further downside movement. The resistance at $0.04325 was briefly tested, and the current price of $0.04324 suggests continued bullish sentiment.
The EMAs are above the mean position, with their gradient turning negative as the price level falls. The RSI also supports this sentiment, falling to 28.31 above the 70.00 level. The converging Bollinger Bands suggest lower volatility, indicating that the $0.0549 support may hold for the week.
The 4-hour price chart of LOOM shows a sharp decline as the price fell from above the $0.045 mark to the $0.04098 support. Moreover, the lack of strong support between the $0.04098 and the $0.04325 mark makes a quick recovery difficult.
The Bollinger Bands show expanding volatility, suggesting potential for further movement. If buying pressure is sustained, LOOM could attempt to break the $0.042 level soon. A drop below $0.040 could invalidate the bullish outlook, leading to a retest of lower supports.
Period | Value | Action |
SMA 3 | $ 0.054035 | SELL |
SMA 5 | $ 0.05019 | SELL |
SMA 10 | $ 0.047434 | SELL |
SMA 21 | $ 0.047995 | SELL |
SMA 50 | $ 0.052314 | SELL |
SMA 100 | $ 0.059002 | SELL |
SMA 200 | $ 0.056979 | SELL |
Period | Value | Action |
EMA 3 | $ 0.04856 | SELL |
EMA 5 | $ 0.051281 | SELL |
EMA 10 | $ 0.055455 | SELL |
EMA 21 | $ 0.058688 | SELL |
EMA 50 | $ 0.061122 | SELL |
EMA 100 | $ 0.060996 | SELL |
EMA 200 | $ 0.062786 | SELL |
LOOM Network trades at $0.04324, up 1.47%, with support at $0.04098 and resistance at $0.045. On the 4-hour chart, LOOM holds an uptrend but lacks strong support between $0.04098 and $0.04325. A push above $0.044 is possible, while a drop below $0.040 could trigger further losses. Short-term moving averages remain bullish, but long-term signals show weakness.
LOOM Network is a blockchain platform designed to enhance scalability and efficiency for decentralized applications, particularly in gaming and dApps. The network has consistently made progress in its development, offering fast transactions with minimal costs. While the market has faced some volatility, future price predictions for LOOM remain optimistic, pointing to potential growth as the adoption of decentralized technologies continues to rise.
Yes, LOOM can reach $0.10 in the year 2026, per expert predictions.
Based on long-term forecasts, LOOM is projected to reach $0.20 by 2028 as its ecosystem and user adoption continue to grow.
LOOM Network’s (LOOM) long-term prospects remain uncertain, hinging on its ability to adapt to technological advancements, market demand, and the evolving blockchain industry. While the token shows potential, its success will depend on navigating these challenges and capitalizing on opportunities in the coming years.
According to our LOOM price prediction for March 2025, we expect a minimum price of $0.0409 and an average price of $0.0452. However, if LOOM’s growth trajectory persists, we predict its value could reach as high as $0.0465 at its peak.
Month | Minimum Price | Average Price | Maximum Price |
March | $0.0409 | $0.0452 | $0.0465 |
According to our LOOM price prediction for 2025, we expect a minimum price of $0.0595 and an average price of $0.0613. However, if LOOM’s growth trajectory persists, its value could reach as high as $0.0672 at its peak
Year | Minimum Price | Average Price | Maximum Price |
2025 | $0.0595 | $0.0613 | $0.0672 |
Year | Minimum Price | Average Price | Maximum Price |
2026 | $0.0892 | $0.0916 | $0.1037 |
2027 | $0.1272 | $0.1318 | $0.1530 |
2028 | $0.1900 | $0.1953 | $0.2213 |
2029 | $0.2632 | $0.2729 | $0.3289 |
2030 | $0.3818 | $0.3927 | $0.4643 |
2031 | $0.5173 | $0.5330 | $0.6509 |
The price of Loom Network is predicted to reach a minimum value of $0.0892 in 2026. The Loom Network price could reach a maximum value of $0.1037 with the average trading price of $0.0916
According to the price prediction for 2027, we expect the coin’s minimum price to be $0.1272 and its average predicted value to be $0.1318. We expect LOOM’s price to surge to a maximum of $0.1530 by 2027.
Our LOOM price prediction for 2028 is a minimum value of $0.1900 with an average trading price of $0.1953. Based on this prediction, the price could reach a maximum of $0.2213 during the year.
The price of Loom Network is predicted to reach a minimum value of $0.2632 in 2029. The Loom Network price could reach a maximum value of $0.3289 with an average trading price of $0.27296.
Our LOOM price prediction for 2030 suggests that the minimum price level could be $0.3818. The LOOM token will experience significant growth, with a maximum potential price value of $0.4643 and an average projected value of $0.3927.
According to our LOOM price prediction for 2031, we anticipate that the cryptocurrency’s value may drop to a low of $0.5173 by year-end. However, we expect the average trading price to be $0.5330 and the maximum estimated price to reach as high as $0.6509.
Firm | 2025 | 2026 |
Coincodex | $0.098 | $ 0.14 |
DigitalCoinPrice | $0.0939 | $0.11 |
Cryptopolitan’s predictions show that LOOM will achieve a high of $0.0672 in 2025. In 2028, it will range between $0.1900 and $0.2213, with an average of $0.1953. In 2031, it will range between $0.5173 and $0.6509, with an average of $0.5330. Note that the predictions are not investment advice. Seek independent professional consultation or do your research.