LRC Showing support/ bounce

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LRC (Loopring) On WEEKLY time frame, shows bounce/ support at ice-line (macro support). Breaking trendline, Im expecting a return to .40 area. To reiterate, this is WEEKLY time frame.. give this time. Ultimate retrace to .236 ($1) on fib and even a hail mary throw to 100% retrace at $6. My bulllish thesis & catalyst is Ryan Cohen and his outlook on this technology.