LOOPRING - LRC/USDT - Daily - Technical analysis published on 06/20/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 0.079040 USDT
My targets
0.096270 USDT (+2.40%)
0.108700 USDT (+15.63%)
My analysis
The bullish trend is currently very strong on LOOPRING - LRC/USDT. As long as the price remains above the support at 0.079040 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.096270 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.108700 USDT as an objective. Crossing it would then enable buyers to target 0.287000 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5
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Additional analysis
Quotes
The LOOPRING - LRC/USDT rating is 0.094010 USDT. The price has increased by +0.86% since the last closing and was between 0.092720 USDT and 0.094200 USDT. This implies that the price is at +1.39% from its lowest and at -0.20% from its highest.0.092720
0.094200
0.094010
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of LOOPRING - LRC/USDT in Daily 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 | 0.023186 | 0.033360 | 0.048660 | 0.094010 | 0.108700 | 0.287000 | 1.010000 |
| Change (%) | -75.34% | -64.51% | -48.24% | - | +15.63% | +205.29% | +974.35% |
| Change | -0.070824 | -0.060650 | -0.045350 | - | +0.014690 | +0.192990 | +0.915990 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.083487 | 0.085703 | 0.089457 | 0.091673 | 0.095427 | 0.097643 | 0.101397 |
| Camarilla | 0.091568 | 0.092116 | 0.092663 | 0.093210 | 0.093757 | 0.094305 | 0.094852 |
| Woodie | 0.084255 | 0.086088 | 0.090225 | 0.092058 | 0.096195 | 0.098028 | 0.102165 |
| Fibonacci | 0.085703 | 0.087984 | 0.089393 | 0.091673 | 0.093954 | 0.095363 | 0.097643 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.034350 | 0.053080 | 0.077540 | 0.096270 | 0.120730 | 0.139460 | 0.163920 |
| Camarilla | 0.090123 | 0.094082 | 0.098041 | 0.102000 | 0.105959 | 0.109918 | 0.113877 |
| Woodie | 0.037215 | 0.054513 | 0.080405 | 0.097703 | 0.123595 | 0.140893 | 0.166785 |
| Fibonacci | 0.053080 | 0.069579 | 0.079771 | 0.096270 | 0.112769 | 0.122961 | 0.139460 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013100 | 0.021560 | 0.035080 | 0.043540 | 0.057060 | 0.065520 | 0.079040 |
| Camarilla | 0.042556 | 0.044570 | 0.046585 | 0.048600 | 0.050615 | 0.052630 | 0.054645 |
| Woodie | 0.015630 | 0.022825 | 0.037610 | 0.044805 | 0.059590 | 0.066785 | 0.081570 |
| Fibonacci | 0.021560 | 0.029956 | 0.035144 | 0.043540 | 0.051936 | 0.057124 | 0.065520 |
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): | 61.21 | |
| MACD (12,26,9): | 0.0113 | |
| Directional Movement: | 18.613468 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.098690 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.109884 | |
| Elder Ray (13): | 0.004603 | |
| Super Trend (3,10): | 0.065054 | |
| Zig ZAG (10): | 0.093710 | |
| VORTEX (21): | 1.1733 | |
| Stochastique (14,3,5): | 54.69 | |
| TEMA (21): | 0.100856 | |
| Williams %R (14): | -48.58 | |
| Chande Momentum Oscillator (20): | 0.010820 | |
| Repulse (5,40,3): | 3.0217 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 3.0844 | |
| Courbe Coppock: | 76.27 |
| MA7: | 0.091769 | |
| MA20: | 0.084579 | |
| MA50: | 0.057012 | |
| MA100: | 0.043020 | |
| MAexp7: | 0.092316 | |
| MAexp20: | 0.083110 | |
| MAexp50: | 0.064697 | |
| MAexp100: | 0.051653 | |
| Price / MA7: | +2.44% | |
| Price / MA20: | +11.15% | |
| Price / MA50: | +64.90% | |
| Price / MA100: | +118.53% | |
| Price / MAexp7: | +1.84% | |
| Price / MAexp20: | +13.12% | |
| Price / MAexp50: | +45.31% | |
| Price / MAexp100: | +82.00% |
Quotes :
2020-06-20 09:18:46
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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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