LOOPRING - LRC/USD - 15 min. - Technical analysis published on 04/14/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 0.375000 USD
My targets
0.404545 USD (+3.54%)
0.415229 USD (+6.27%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.375000 USD remains possible. It is advisable to trade LOOPRING - LRC/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.375000 USD. The next bullish objective for buyers is set at 0.404545 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.415229 USD. If there is any crossing, the next objective would be the resistance located at 0.448531 USD. PS: if there is a bearish break in the support located at 0.375000 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
LOOPRING - LRC/USD rating 0.390717 USD. The price registered an increase of +10.32% on the session and was between 0.352807 USD and 0.472166 USD. This implies that the price is at +10.75% from its lowest and at -17.25% from its highest.0.352807
0.472166
0.390717
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of LOOPRING - LRC/USD in 15 min. shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 9 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.364956 | 0.369434 | 0.376852 | 0.390717 | 0.415229 | 0.448531 | 0.829754 |
| Change (%) | -6.59% | -5.45% | -3.55% | - | +6.27% | +14.80% | +112.37% |
| Change | -0.025761 | -0.021283 | -0.013865 | - | +0.024512 | +0.057814 | +0.439037 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.323688 | 0.334096 | 0.344140 | 0.354548 | 0.364592 | 0.375000 | 0.385044 |
| Camarilla | 0.348560 | 0.350435 | 0.352309 | 0.354184 | 0.356059 | 0.357934 | 0.359808 |
| Woodie | 0.323506 | 0.334005 | 0.343958 | 0.354457 | 0.364410 | 0.374909 | 0.384862 |
| Fibonacci | 0.334096 | 0.341909 | 0.346735 | 0.354548 | 0.362361 | 0.367187 | 0.375000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.290346 | 0.316377 | 0.334430 | 0.360461 | 0.378514 | 0.404545 | 0.422598 |
| Camarilla | 0.340359 | 0.344400 | 0.348441 | 0.352482 | 0.356523 | 0.360564 | 0.364605 |
| Woodie | 0.286356 | 0.314383 | 0.330440 | 0.358467 | 0.374524 | 0.402551 | 0.418608 |
| Fibonacci | 0.316377 | 0.333217 | 0.343621 | 0.360461 | 0.377301 | 0.387705 | 0.404545 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.092939 | 0.168510 | 0.267298 | 0.342869 | 0.441657 | 0.517228 | 0.616016 |
| Camarilla | 0.318136 | 0.334119 | 0.350102 | 0.366085 | 0.382068 | 0.398051 | 0.414034 |
| Woodie | 0.104547 | 0.174314 | 0.278906 | 0.348673 | 0.453265 | 0.523032 | 0.627624 |
| Fibonacci | 0.168510 | 0.235116 | 0.276264 | 0.342869 | 0.409475 | 0.450623 | 0.517228 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.31 | |
| MACD (12,26,9): | 0.0022 | |
| Directional Movement: | 4.889622 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.399193 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.457989 | |
| Elder Ray (13): | 0.002262 | |
| Super Trend (3,10): | 0.459158 | |
| Zig ZAG (10): | 0.406279 | |
| VORTEX (21): | 1.0243 | |
| Stochastique (14,3,5): | 20.20 | |
| TEMA (21): | 0.396871 | |
| Williams %R (14): | -90.26 | |
| Chande Momentum Oscillator (20): | -0.058607 | |
| Repulse (5,40,3): | -12.3316 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1757 | |
| Courbe Coppock: | 1.25 |
| MA7: | 0.359827 | |
| MA20: | 0.359276 | |
| MA50: | 0.348623 | |
| MA100: | 0.340184 | |
| MAexp7: | 0.396239 | |
| MAexp20: | 0.394968 | |
| MAexp50: | 0.387351 | |
| MAexp100: | 0.376386 | |
| Price / MA7: | +8.58% | |
| Price / MA20: | +8.75% | |
| Price / MA50: | +12.07% | |
| Price / MA100: | +14.85% | |
| Price / MAexp7: | -1.39% | |
| Price / MAexp20: | -1.08% | |
| Price / MAexp50: | +0.87% | |
| Price / MAexp100: | +3.81% |
Quotes :
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Real time data
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