LIVEPEER - LPT/USD - Daily - Technical analysis published on 08/07/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 4.81 USD
My targets
3.74 USD (-12.00%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 4.81 USD remains possible. It is advisable to trade LIVEPEER - LPT/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 4.81 USD. The next bearish objective for sellers is set at 3.74 USD. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 4.81 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LIVEPEER - LPT/USD price is 4.25 USD. The price registered an increase of +3.91% on the session and was between 4.09 USD and 4.26 USD. This implies that the price is at +3.91% from its lowest and at -0.23% from its highest.4.09
4.26
4.25
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of LIVEPEER - LPT/USD in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 3.74 | 4.25 | 4.81 | 6.41 | 7.30 |
| Change (%) | -12.00% | - | +13.18% | +50.82% | +71.76% |
| Change | -0.51 | - | +0.56 | +2.16 | +3.05 |
| Level | Intermediate | - | Intermediate | Minor | 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 | 3.77 | 3.86 | 3.97 | 4.06 | 4.17 | 4.26 | 4.37 |
| Camarilla | 4.04 | 4.05 | 4.07 | 4.09 | 4.11 | 4.13 | 4.15 |
| Woodie | 3.79 | 3.87 | 3.99 | 4.07 | 4.19 | 4.27 | 4.39 |
| Fibonacci | 3.86 | 3.93 | 3.98 | 4.06 | 4.13 | 4.18 | 4.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.32 | 3.57 | 3.75 | 4.00 | 4.18 | 4.43 | 4.61 |
| Camarilla | 3.82 | 3.86 | 3.90 | 3.94 | 3.98 | 4.02 | 4.06 |
| Woodie | 3.30 | 3.55 | 3.73 | 3.98 | 4.16 | 4.41 | 4.59 |
| Fibonacci | 3.57 | 3.73 | 3.83 | 4.00 | 4.16 | 4.26 | 4.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.45 | 3.18 | 3.59 | 4.32 | 4.73 | 5.46 | 5.87 |
| Camarilla | 3.70 | 3.80 | 3.91 | 4.01 | 4.12 | 4.22 | 4.32 |
| Woodie | 2.30 | 3.10 | 3.44 | 4.24 | 4.58 | 5.38 | 5.72 |
| Fibonacci | 3.18 | 3.61 | 3.88 | 4.32 | 4.75 | 5.02 | 5.46 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.17 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -0.18 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 3.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.81 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 4.44 | |
| Zig ZAG (10): | 4.17 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 58.48 | |
| TEMA (21): | 3.99 | |
| Williams %R (14): | -18.18 | |
| Chande Momentum Oscillator (20): | 0.06 | |
| Repulse (5,40,3): | 4.9700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3200 | |
| Courbe Coppock: | 3.65 |
| MA7: | 4.01 | |
| MA20: | 4.06 | |
| MA50: | 4.28 | |
| MA100: | 4.54 | |
| MAexp7: | 4.05 | |
| MAexp20: | 4.10 | |
| MAexp50: | 4.28 | |
| MAexp100: | 4.65 | |
| Price / MA7: | +5.99% | |
| Price / MA20: | +4.68% | |
| Price / MA50: | -0.70% | |
| Price / MA100: | -6.39% | |
| Price / MAexp7: | +4.94% | |
| Price / MAexp20: | +3.66% | |
| Price / MAexp50: | -0.70% | |
| Price / MAexp100: | -8.60% |
Quotes :
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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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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