LOOPRING - LRC/USD - 1H - Technical analysis published on 07/04/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.237857 USD
My targets
0.249183 USD (+1.11%)
0.273388 USD (+10.93%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LOOPRING - LRC/USD as long as the price remains well above 0.237857 USD. The buyers' bullish objective is set at 0.249183 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.273388 USD. If there is any crossing, the next objective would be the resistance located at 0.362074 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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Additional analysis
Quotes
The LOOPRING - LRC/USD rating is 0.246451 USD. The price registered an increase of +0.00% on the session and was between 0.243754 USD and 0.247892 USD. This implies that the price is at +1.11% from its lowest and at -0.58% from its highest.0.243754
0.247892
0.246451
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:
Technical
A technical analysis in 1H of this LOOPRING - LRC/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.226183 | 0.232117 | 0.237857 | 0.246451 | 0.249183 | 0.273388 | 0.362074 |
| Change (%) | -8.22% | -5.82% | -3.49% | - | +1.11% | +10.93% | +46.92% |
| Change | -0.020268 | -0.014334 | -0.008594 | - | +0.002732 | +0.026937 | +0.115623 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.231592 | 0.235123 | 0.240788 | 0.244319 | 0.249984 | 0.253515 | 0.259180 |
| Camarilla | 0.243924 | 0.244767 | 0.245610 | 0.246453 | 0.247296 | 0.248139 | 0.248982 |
| Woodie | 0.232659 | 0.235657 | 0.241855 | 0.244853 | 0.251051 | 0.254049 | 0.260247 |
| Fibonacci | 0.235123 | 0.238636 | 0.240806 | 0.244319 | 0.247832 | 0.250002 | 0.253515 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.176060 | 0.193922 | 0.215751 | 0.233613 | 0.255442 | 0.273304 | 0.295133 |
| Camarilla | 0.226664 | 0.230302 | 0.233941 | 0.237579 | 0.241217 | 0.244856 | 0.248494 |
| Woodie | 0.178043 | 0.194914 | 0.217734 | 0.234605 | 0.257425 | 0.274296 | 0.297116 |
| Fibonacci | 0.193922 | 0.209084 | 0.218451 | 0.233613 | 0.248775 | 0.258142 | 0.273304 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.094925 | 0.145733 | 0.188474 | 0.239282 | 0.282023 | 0.332831 | 0.375572 |
| Camarilla | 0.205488 | 0.214063 | 0.222639 | 0.231214 | 0.239789 | 0.248365 | 0.256940 |
| Woodie | 0.090891 | 0.143716 | 0.184440 | 0.237265 | 0.277989 | 0.330814 | 0.371538 |
| Fibonacci | 0.145733 | 0.181469 | 0.203547 | 0.239282 | 0.275018 | 0.297096 | 0.332831 |
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): | 58.74 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 2.416443 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.246282 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.240923 | |
| Elder Ray (13): | 0.000555 | |
| Super Trend (3,10): | 0.239470 | |
| Zig ZAG (10): | 0.246137 | |
| VORTEX (21): | 1.0505 | |
| Stochastique (14,3,5): | 70.25 | |
| TEMA (21): | 0.246151 | |
| Williams %R (14): | -25.03 | |
| Chande Momentum Oscillator (20): | 0.002935 | |
| Repulse (5,40,3): | 0.2470 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0971 | |
| Courbe Coppock: | 2.31 |
| MA7: | 0.234353 | |
| MA20: | 0.227991 | |
| MA50: | 0.252972 | |
| MA100: | 0.298999 | |
| MAexp7: | 0.245553 | |
| MAexp20: | 0.244147 | |
| MAexp50: | 0.240905 | |
| MAexp100: | 0.237369 | |
| Price / MA7: | +5.16% | |
| Price / MA20: | +8.10% | |
| Price / MA50: | -2.58% | |
| Price / MA100: | -17.57% | |
| Price / MAexp7: | +0.37% | |
| Price / MAexp20: | +0.94% | |
| Price / MAexp50: | +2.30% | |
| Price / MAexp100: | +3.83% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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