Latest Loom Network (LOOM) Price Analysis

Deep Dive

1. Exchange Delistings (Bearish Impact)

Overview: LOOM was delisted from KuCoin (announcement) in April 2025 and Upbit (notice) in May 2025, following earlier removals from Binance (August 2024). These actions stemmed from concerns about project transparency and operational viability.

What this means: Delistings reduce trading access, triggering forced selling and liquidity crunches. For example, LOOM’s 24h volume ($1.04M) is 98% below its 2024 peak. Lower liquidity amplifies volatility and deters new buyers, creating a negative feedback loop.

What to look out for: Further exchange removals or project shutdowns, which could accelerate declines.

2. Technical Weakness (Bearish Momentum)

Overview: LOOM trades at $0.00122, below all key moving averages (7-day SMA: $0.00136, 30-day SMA: $0.00142). The RSI-14 (36.59) nears oversold territory but lacks bullish divergence, suggesting weak buying interest.

What this means: Sustained trading below SMAs signals entrenched bearish sentiment. The MACD histogram (–0.0000209) confirms downward momentum, while Fibonacci retracement levels highlight resistance at $0.00156 (23.6%).

What to look out for: A close above $0.00156 could signal short-term relief, but failure to reclaim this level may invite new lows.

Conclusion

LOOM’s decline reflects a toxic mix of dwindling exchange support, technical breakdowns, and eroded investor confidence. While oversold conditions might spark a bounce, the absence of fundamental catalysts suggests rallies could be short-lived.

Key watch: Can LOOM stabilize above its pivot point ($0.00124) to avoid a retest of the 2025 low ($0.00110)?

Deep Dive

1. Technical context

LOOM’s price ($0.00204) crossed above its 7-day SMA ($0.00199) and EMA ($0.00197), signaling short-term momentum. The MACD histogram turned positive (+0.000061) for the first time in 30 days, suggesting weakening bearish pressure. However:
- RSI 7-day (51.97) remains neutral, lacking overbought signals
- Price still trades 92% below its 200-day SMA ($0.0264), maintaining a long-term downtrend
- Fibonacci retracement shows resistance at $0.002298 (38.2% level)

2. Market dynamics

LOOM’s gains contrast with a 2.78% drop in total crypto market cap, indicating coin-specific activity. Key factors:
- Exchange delistings (KuCoin in April 2025, Upbit in May 2025) reduced sell-side liquidity, potentially magnifying buy orders
- Whale dominance: 95.97% supply held by 1% of addresses enables price swings with minimal volume
- Turnover ratio of 0.47 suggests moderate liquidity relative to market cap, typical for low-cap assets

Conclusion

LOOM’s rally reflects technical rebounds in a shallow market rather than fundamental strength, with whale activity and reduced exchange access likely contributing to volatility. While short-term indicators lean bullish, the token remains 90% below its 90-day price and faces structural challenges from delistings.

What catalyst could sustainably reverse LOOM’s 90-day -90% trend despite shrinking exchange support?