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LRC's recent surge is essentially a technical rebound.
It fell too hard, and after being oversold, it needs to catch its breath. But if you're asking whether the fundamentals have improved, there's none. The project team doesn't seem to have any significant updates either, and the enthusiasm appears low.
This kind of purely oversold rebound, how far it can go is really hard to say. Without substantial positive support, trading this kind of market should be approached with caution.