LIVEPEER - LPT/USD - 1H - Technical analysis published on 03/14/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 21.87 USD
My targets
26.75 USD (+6.28%)
29.60 USD (+17.61%)
My analysis
The bullish trend is currently very strong on LIVEPEER - LPT/USD. As long as the price remains above the support at 21.87 USD, you could try to benefit from the boom. The first bullish objective is located at 26.75 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 29.60 USD as an objective. Crossing it would then enable buyers to target 30.69 USD. 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
8.6
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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 25.17 USD. The price has increased by +23.69% since the last closing with the lowest point at 20.28 USD and the highest point at 25.91 USD. The deviation from the price is +24.11% for the low point and -2.86% for the high point.20.28
25.91
25.17
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
A technical analysis in 1H of this LIVEPEER - LPT/USD chart shows a strongly bullish trend. 89.29% 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, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 17.93 | 20.37 | 21.87 | 25.17 | 26.75 | 30.69 |
| Change (%) | -28.76% | -19.07% | -13.11% | - | +6.28% | +21.93% |
| Change | -7.24 | -4.80 | -3.30 | - | +1.58 | +5.52 |
| Level | Major | Major | Major | - | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.37 | 19.05 | 19.70 | 20.38 | 21.03 | 21.71 | 22.36 |
| Camarilla | 19.98 | 20.11 | 20.23 | 20.35 | 20.47 | 20.59 | 20.72 |
| Woodie | 18.36 | 19.04 | 19.69 | 20.37 | 21.02 | 21.70 | 22.35 |
| Fibonacci | 19.05 | 19.56 | 19.87 | 20.38 | 20.89 | 21.20 | 21.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.00 | 5.23 | 14.30 | 20.53 | 29.60 | 35.83 | 44.90 |
| Camarilla | 19.17 | 20.58 | 21.98 | 23.38 | 24.78 | 26.19 | 27.59 |
| Woodie | 0.43 | 5.94 | 15.73 | 21.24 | 31.03 | 36.54 | 46.33 |
| Fibonacci | 5.23 | 11.07 | 14.68 | 20.53 | 26.37 | 29.98 | 35.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -8.88 | -1.03 | 6.22 | 14.07 | 21.32 | 29.17 | 36.42 |
| Camarilla | 9.31 | 10.69 | 12.08 | 13.46 | 14.84 | 16.23 | 17.61 |
| Woodie | -9.19 | -1.18 | 5.91 | 13.92 | 21.01 | 29.02 | 36.11 |
| Fibonacci | -1.03 | 4.74 | 8.31 | 14.07 | 19.84 | 23.41 | 29.17 |
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): | 68.17 | |
| MACD (12,26,9): | 0.5400 | |
| Directional Movement: | 28.00 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 22.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.61 | |
| Elder Ray (13): | 1.59 | |
| Super Trend (3,10): | 21.06 | |
| Zig ZAG (10): | 24.11 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 83.83 | |
| TEMA (21): | 23.00 | |
| Williams %R (14): | -1.36 | |
| Chande Momentum Oscillator (20): | 2.51 | |
| Repulse (5,40,3): | 14.9500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2800 | |
| Courbe Coppock: | 12.83 |
| MA7: | 22.13 | |
| MA20: | 17.01 | |
| MA50: | 12.54 | |
| MA100: | 10.07 | |
| MAexp7: | 22.77 | |
| MAexp20: | 21.72 | |
| MAexp50: | 21.17 | |
| MAexp100: | 20.81 | |
| Price / MA7: | +13.74% | |
| Price / MA20: | +47.97% | |
| Price / MA50: | +100.72% | |
| Price / MA100: | +149.95% | |
| Price / MAexp7: | +10.54% | |
| Price / MAexp20: | +15.88% | |
| Price / MAexp50: | +18.89% | |
| Price / MAexp100: | +20.95% |
Quotes :
-
Real time data
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