LOOM Token Report
Loom Network is a platform as a service built on Ethereum, enabling developers to run large-scale decentralized applications. This system allows interaction with off-chain APIs developed by third parties.
LOOM is ranked #389 with a market capitalization of over $117 million. The current market price of the token is 0.096 USDT
On the daily time-frame, the LOOM/USDT trend has broken above the descending triangle pattern with volume support. We expect the trend to continue its momentum into the coming week. An immediate support is expected at 0.0855 USDT and next resistance is expected at 0.125 USDT.
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