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 #447 with a market capitalization of over $75 million. The current market price of the token is 0.0616 USDT
On the daily time-frame, the LOOM/USDT trend had been on a downward trajectory, making lower highs. The trend has now broken above the descending trendline with a good volume support. An immediate support is expected at 0.0567 USDT and next resistance is expected at 0.0773 USDT.
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