LOOPRING - LRC/USD

- USD (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	LRCUSD
ISIN:

LOOPRING - LRC/USD - 1H - Technical analysis published on 02/01/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

28%

33%

39%

My opinion

Bearish under 0.168219 USD

My targets

0.158865 USD (-3.19%)

0.153163 USD (-6.66%)

My analysis

In the short term, we can see an acceleration in the bearish trend on LOOPRING - LRC/USD, which is a positive signal for sellers. As long as the price remains above 0.168219 USD, a sale could be considered. The first bearish objective is located at 0.158865 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.153163 USD as an objective. Crossing it would then enable sellers to target 0.149052 USD. If the price were to return above 0.168219 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.1

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LOOPRING - LRC/USD rating is 0.164098 USD. The price is lower by -0.13% since the last closing with the lowest point at 0.163693 USD and the highest point at 0.169432 USD. The deviation from the price is +0.25% for the low point and -3.15% for the high point.

0.163693

0.169432

0.164098

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this 1H chart of LOOPRING - LRC/USD indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong 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 : Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.153163	0.158865	0.163682	0.164098	0.168219	0.171866	0.175817
Change (%)	-6.66%	-3.19%	-0.25%	-	+2.51%	+4.73%	+7.14%
Change	-0.010935	-0.005233	-0.000416	-	+0.004121	+0.007768	+0.011719
Level	Intermediate	Minor	Major	-	Minor	Minor	Major

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	0.143696	0.152431	0.158370	0.167105	0.173044	0.181779	0.187718
Camarilla	0.160275	0.161620	0.162965	0.164310	0.165655	0.167000	0.168345
Woodie	0.142299	0.151732	0.156973	0.166406	0.171647	0.181080	0.186321
Fibonacci	0.152431	0.158036	0.161499	0.167105	0.172710	0.176173	0.181779

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.109461	0.135721	0.150149	0.176409	0.190837	0.217097	0.231525
Camarilla	0.153389	0.157119	0.160848	0.164578	0.168308	0.172038	0.175767
Woodie	0.103546	0.132763	0.144234	0.173451	0.184922	0.214139	0.225610
Fibonacci	0.135721	0.151264	0.160866	0.176409	0.191952	0.201554	0.217097

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.058544	0.103798	0.134054	0.179308	0.209564	0.254818	0.285074
Camarilla	0.143545	0.150467	0.157388	0.164310	0.171232	0.178154	0.185075
Woodie	0.051045	0.100049	0.126555	0.175559	0.202065	0.251069	0.277575
Fibonacci	0.103798	0.132643	0.150463	0.179308	0.208153	0.225973	0.254818

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):	46.57
MACD (12,26,9):	-0.0004
Directional Movement:	1.750230
AROON (14):	-21.428571
DEMA (21):	0.166416
Parabolic SAR (0,02-0,02-0,2):	0.168280
Elder Ray (13):	-0.001237
Super Trend (3,10):	0.171517
Zig ZAG (10):	0.166085
VORTEX (21):	1.0077
Stochastique (14,3,5):	48.83
TEMA (21):	0.165790
Williams %R (14):	-41.49
Chande Momentum Oscillator (20):	0.001683
Repulse (5,40,3):	0.7345
ROCnROLL:	2
TRIX (15,9):	-0.0181
Courbe Coppock:	4.21

MA7:	0.162854
MA20:	0.174890
MA50:	0.195725
MA100:	0.193861
MAexp7:	0.166330
MAexp20:	0.166682
MAexp50:	0.166390
MAexp100:	0.165697
Price / MA7:	+0.76%
Price / MA20:	-6.17%
Price / MA50:	-16.16%
Price / MA100:	-15.35%
Price / MAexp7:	-1.34%
Price / MAexp20:	-1.55%
Price / MAexp50:	-1.38%
Price / MAexp100:	-0.97%

Quotes : - Real time data - CoinMarketCap

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

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