Loom Network (LOOM) Price Prediction

Deep Dive

1. Market & Competitive Landscape

LOOM’s delisting from Upbit (May 2025), KuCoin (April 2025), and Bitvavo (August 2024) removed critical liquidity channels. These decisions followed exchanges’ evaluations of LOOM’s operational transparency and unresolved project shortcomings (KuCoin, Upbit). With Ethereum scaling competitors like Polygon and Arbitrum dominating developer activity, LOOM’s Plasma-based infrastructure struggles to differentiate.

2. Technical Outlook

• Price action: Current price ($0.00186) trades below the 7-day SMA ($0.00197) and 200-day SMA ($0.026), signaling long-term bearish momentum.
• Key levels: Immediate resistance at the pivot point ($0.002) and Fibonacci 23.6% retracement ($0.00253). A break above $0.002 could test $0.00253, but RSI 14 (50.85) shows neutral momentum.
• MACD histogram: Slight bullish divergence at +0.0000516, but signal line remains negative (-0.0000456), suggesting weak conviction.

3. Sentiment & Supply Risks

• Whale control: 95.97% of circulating supply (1.24B tokens) is held by whale addresses, creating asymmetric sell-side risk.
• On-chain stagnation: Only 0.1% of addresses actively traded in the last month, with $0 average transaction fees indicating minimal network utility.

Conclusion

LOOM’s price trajectory hinges on reversing exchange delistings and demonstrating renewed developer adoption. The token’s extreme supply concentration and eroded market access make sustained recovery unlikely without fundamental improvements.

What catalysts could prompt exchanges to reconsider LOOM listings, and how might the project address whale dominance risks?