Some traders may see this as a signal to sell, however, with the overall market sentiment still bullish it is likely that LRC will break the $0.40 resistance level and continue its uptrend. The price of LRC started at 36.32 INR at the start of the month and then decreased gradually through the month. It came back to 35, then 34 INR and at one point it even came below 31 INR. It didn’t rise again after that and ended at 24.32 INR at the end of the month. Kunji founder Anurag Dixit offered his take, ldquo;The cryptocurrency market and technology indices experienced a temporary setback earlier in the week, however, the Federal Reserve's announcement of a rate hike, as anticipated marked in at 25 bps. This, coupled with the cautious and neutral tone of the accompanying commentary, created a favourable atmosphere for both the crypto and tech sectors to recover slightly. The Federal Reserve's statement emphasized their close monitoring of all relevant data and market conditions and affirmed their crypto trade readiness to take prompt action as deemed necessary."