LIVEPEER - LPT/USD - 1H - Technical analysis published on 08/11/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 4.81 USD
My targets
5.46 USD (+12.52%)
5.66 USD (+16.70%)
My analysis
LIVEPEER - LPT/USD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 4.81 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 5.46 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 5.66 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 6.12 USD. Beware of a possible return to under the support located at 4.81 USD which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7
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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 rating is 4.85 USD. The price has increased by +3.63% since the last closing with the lowest point at 4.63 USD and the highest point at 4.85 USD. The deviation from the price is +4.75% for the low point and 0% for the high point.4.63
4.85
4.85
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:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of LIVEPEER - LPT/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.20 | 4.55 | 4.81 | 4.85 | 5.66 | 6.12 | 6.41 |
| Change (%) | -13.40% | -6.19% | -0.82% | - | +16.70% | +26.19% | +32.16% |
| Change | -0.65 | -0.30 | -0.04 | - | +0.81 | +1.27 | +1.56 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | Intermediate |
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 | 4.10 | 4.32 | 4.50 | 4.72 | 4.90 | 5.12 | 5.30 |
| Camarilla | 4.57 | 4.61 | 4.64 | 4.68 | 4.72 | 4.75 | 4.79 |
| Woodie | 4.08 | 4.31 | 4.48 | 4.71 | 4.88 | 5.11 | 5.28 |
| Fibonacci | 4.32 | 4.47 | 4.57 | 4.72 | 4.87 | 4.97 | 5.12 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.69 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 16.82 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 4.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.56 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 4.56 | |
| Zig ZAG (10): | 4.76 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 66.82 | |
| TEMA (21): | 4.72 | |
| Williams %R (14): | -29.87 | |
| Chande Momentum Oscillator (20): | 0.20 | |
| Repulse (5,40,3): | 1.4000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 0.69 |
| MA7: | 4.71 | |
| MA20: | 4.29 | |
| MA50: | 4.36 | |
| MA100: | 4.53 | |
| MAexp7: | 4.71 | |
| MAexp20: | 4.68 | |
| MAexp50: | 4.74 | |
| MAexp100: | 4.75 | |
| Price / MA7: | +2.97% | |
| Price / MA20: | +13.05% | |
| Price / MA50: | +11.24% | |
| Price / MA100: | +7.06% | |
| Price / MAexp7: | +2.97% | |
| Price / MAexp20: | +3.63% | |
| Price / MAexp50: | +2.32% | |
| Price / MAexp100: | +2.11% |
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.
About author
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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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