LOOPRING - LRC/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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Type:	Cryptocurrencies
Ticker:	LRCUSD
ISIN:

LOOPRING - LRC/USD - 1H - Technical analysis published on 11/18/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.188320 USD

My targets

0.204033 USD (+2.81%)

0.231394 USD (+16.59%)

My analysis

LOOPRING - LRC/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.188320 USD. The next resistance located at 0.204033 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.231394 USD. After this resistance, buyers could then target 0.240747 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

9.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The LOOPRING - LRC/USD price is 0.198464 USD. On the day, this instrument gained +15.02% and was between 0.172398 USD and 0.212907 USD. This implies that the price is at +15.12% from its lowest and at -6.78% from its highest.

0.172398

0.212907

0.198464

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LOOPRING - LRC/USD:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on LOOPRING - LRC/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of LOOPRING - LRC/USD in 1H shows a strongly overall 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.158556	0.171184	0.187476	0.198464	0.240747	0.292708	0.341172
Change (%)	-20.11%	-13.75%	-5.54%	-	+21.31%	+47.49%	+71.91%
Change	-0.039908	-0.027280	-0.010988	-	+0.042283	+0.094244	+0.142708
Level	Intermediate	Minor	Minor	-	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	0.096681	0.129267	0.150910	0.183496	0.205139	0.237725	0.259368
Camarilla	0.157639	0.162610	0.167581	0.172552	0.177523	0.182494	0.187465
Woodie	0.091209	0.126531	0.145438	0.180760	0.199667	0.234989	0.253896
Fibonacci	0.129267	0.149983	0.162781	0.183496	0.204212	0.217010	0.237725

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.102172	0.117885	0.145246	0.160959	0.188320	0.204033	0.231394
Camarilla	0.160762	0.164710	0.168659	0.172607	0.176556	0.180504	0.184452
Woodie	0.107996	0.120797	0.151070	0.163871	0.194144	0.206945	0.237218
Fibonacci	0.117885	0.134339	0.144505	0.160959	0.177413	0.187579	0.204033

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.076088	0.093435	0.105499	0.122846	0.134910	0.152257	0.164321
Camarilla	0.109476	0.112172	0.114868	0.117564	0.120260	0.122956	0.125652
Woodie	0.073448	0.092114	0.102859	0.121525	0.132270	0.150936	0.161681
Fibonacci	0.093435	0.104670	0.111611	0.122846	0.134081	0.141022	0.152257

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	74.55
MACD (12,26,9):	0.0060
Directional Movement:	37.094054
AROON (14):	78.571429
DEMA (21):	0.189546
Parabolic SAR (0,02-0,02-0,2):	0.170629
Elder Ray (13):	0.019706
Super Trend (3,10):	0.181010
Zig ZAG (10):	0.208126
VORTEX (21):	1.1261
Stochastique (14,3,5):	85.01
TEMA (21):	0.191072
Williams %R (14):	-17.87
Chande Momentum Oscillator (20):	0.034664
Repulse (5,40,3):	8.2650
ROCnROLL:	1
TRIX (15,9):	0.2593
Courbe Coppock:	13.87

MA7:	0.161206
MA20:	0.139132
MA50:	0.129850
MA100:	0.128348
MAexp7:	0.190133
MAexp20:	0.182833
MAexp50:	0.173615
MAexp100:	0.164026
Price / MA7:	+23.11%
Price / MA20:	+42.64%
Price / MA50:	+52.84%
Price / MA100:	+54.63%
Price / MAexp7:	+4.38%
Price / MAexp20:	+8.55%
Price / MAexp50:	+14.31%
Price / MAexp100:	+21.00%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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