LOOPRING - LRC/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	LRCUSDT
ISIN:

LOOPRING - LRC/USDT - Daily - Technical analysis published on 01/23/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 1.12 USDT

My targets

0.54 USDT (-34.15%)

0.45 USDT (-45.49%)

My analysis

LOOPRING - LRC/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.12 USDT. The next support located at 0.54 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.45 USDT. Below this support, sellers could then target 0.18 USDT.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.5

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 finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LOOPRING - LRC/USDT price is 0.82 USDT. The price registered an increase of +10.81% on the session with the lowest point at 0.73 USDT and the highest point at 0.87 USDT. The deviation from the price is +12.33% for the low point and -5.75% for the high point.

0.73

0.87

0.82

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this LOOPRING - LRC/USDT chart shows a bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.18	0.54	0.82	0.83	1.46	2.03
Change (%)	-78.05%	-34.15%	-	+1.22%	+78.05%	+147.56%
Change	-0.64	-0.28	-	+0.01	+0.64	+1.21
Level	Intermediate	Minor	-	Major	Intermediate	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	0.39	0.52	0.63	0.76	0.87	1.00	1.11
Camarilla	0.67	0.70	0.72	0.74	0.76	0.78	0.81
Woodie	0.38	0.52	0.62	0.76	0.86	1.00	1.10
Fibonacci	0.52	0.61	0.67	0.76	0.85	0.91	1.00

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.32	0.17	0.45	0.94	1.22	1.71	1.99
Camarilla	0.53	0.60	0.67	0.74	0.81	0.88	0.95
Woodie	-0.42	0.12	0.36	0.89	1.13	1.66	1.90
Fibonacci	0.17	0.46	0.64	0.94	1.23	1.41	1.71

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.45	1.12	1.61	2.28	2.77	3.44	3.93
Camarilla	1.77	1.88	1.98	2.09	2.20	2.30	2.41
Woodie	0.35	1.08	1.51	2.24	2.67	3.40	3.83
Fibonacci	1.12	1.57	1.84	2.28	2.73	3.00	3.44

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):	25.72
MACD (12,26,9):	-0.3000
Directional Movement:	-30.38
AROON (14):	-64.29
DEMA (21):	0.96
Parabolic SAR (0,02-0,02-0,2):	1.35
Elder Ray (13):	-0.38
Super Trend (3,10):	1.31
Zig ZAG (10):	0.84
VORTEX (21):	0.6600
Stochastique (14,3,5):	9.64
TEMA (21):	0.82
Williams %R (14):	-82.13
Chande Momentum Oscillator (20):	-0.67
Repulse (5,40,3):	-19.6400
ROCnROLL:	2
TRIX (15,9):	-1.9700
Courbe Coppock:	81.67

MA7:	1.01
MA20:	1.39
MA50:	1.88
MA100:	1.85
MAexp7:	0.99
MAexp20:	1.34
MAexp50:	1.69
MAexp100:	1.65
Price / MA7:	-18.81%
Price / MA20:	-41.01%
Price / MA50:	-56.38%
Price / MA100:	-55.68%
Price / MAexp7:	-17.17%
Price / MAexp20:	-38.81%
Price / MAexp50:	-51.48%
Price / MAexp100:	-50.30%

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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