LOOPRING - LRC/USDT - Daily - Technical analysis published on 06/22/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 0.079040 USDT
My targets
0.102803 USDT (+18.53%)
0.108700 USDT (+25.33%)
My analysis
The basic bullish trend is very strong on LOOPRING - LRC/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.079040 USDT. Crossing the first resistance at 0.102803 USDT would be a sign of a potential new surge in the price. 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. Caution, a return to below 0.079040 USDT would be a sign of a consolidation phase in the short-term basic trend. 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.8
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Additional analysis
Quotes
The LOOPRING - LRC/USDT price is 0.086730 USDT. On the day, this instrument lost -3.96% and was between 0.082730 USDT and 0.091200 USDT. This implies that the price is at +4.84% from its lowest and at -4.90% from its highest.0.082730
0.091200
0.086730
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/USDT:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this LOOPRING - LRC/USDT chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 : Daily
Bullish harami cross
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.023186 | 0.033360 | 0.048660 | 0.086730 | 0.108700 | 0.287000 | 1.010000 |
| Change (%) | -73.27% | -61.54% | -43.89% | - | +25.33% | +230.91% | +1,064.53% |
| Change | -0.063544 | -0.053370 | -0.038070 | - | +0.021970 | +0.200270 | +0.923270 |
| 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 | 0.087837 | 0.088763 | 0.089537 | 0.090463 | 0.091237 | 0.092163 | 0.092937 |
| Camarilla | 0.089843 | 0.089998 | 0.090154 | 0.090310 | 0.090466 | 0.090622 | 0.090778 |
| Woodie | 0.087760 | 0.088725 | 0.089460 | 0.090425 | 0.091160 | 0.092125 | 0.092860 |
| Fibonacci | 0.088763 | 0.089413 | 0.089814 | 0.090463 | 0.091113 | 0.091514 | 0.092163 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.056583 | 0.069287 | 0.079693 | 0.092397 | 0.102803 | 0.115507 | 0.125913 |
| Camarilla | 0.083745 | 0.085863 | 0.087982 | 0.090100 | 0.092218 | 0.094337 | 0.096455 |
| Woodie | 0.055435 | 0.068713 | 0.078545 | 0.091823 | 0.101655 | 0.114933 | 0.124765 |
| Fibonacci | 0.069287 | 0.078115 | 0.083569 | 0.092397 | 0.101225 | 0.106679 | 0.115507 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.39 | |
| MACD (12,26,9): | 0.0093 | |
| Directional Movement: | 11.593604 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.097268 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.108729 | |
| Elder Ray (13): | -0.001323 | |
| Super Trend (3,10): | 0.065054 | |
| Zig ZAG (10): | 0.086130 | |
| VORTEX (21): | 1.1260 | |
| Stochastique (14,3,5): | 30.48 | |
| TEMA (21): | 0.097102 | |
| Williams %R (14): | -80.56 | |
| Chande Momentum Oscillator (20): | -0.022290 | |
| Repulse (5,40,3): | -5.2815 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 2.7015 | |
| Courbe Coppock: | 37.90 |
| MA7: | 0.090451 | |
| MA20: | 0.087531 | |
| MA50: | 0.059073 | |
| MA100: | 0.044154 | |
| MAexp7: | 0.089883 | |
| MAexp20: | 0.083745 | |
| MAexp50: | 0.066372 | |
| MAexp100: | 0.053019 | |
| Price / MA7: | -4.11% | |
| Price / MA20: | -0.92% | |
| Price / MA50: | +46.82% | |
| Price / MA100: | +96.43% | |
| Price / MAexp7: | -3.51% | |
| Price / MAexp20: | +3.56% | |
| Price / MAexp50: | +30.67% | |
| Price / MAexp100: | +63.58% |
Quotes :
2020-06-22 22:38:02
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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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