LOOPRING - LRC/USD - 1H - Technical analysis published on 02/24/2021 (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
Court terme:
Bullish
De fond:
Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 0.632677 USD
My targets
0.558151 USD (-6.77%)
0.547044 USD (-8.62%)
My analysis
The basic trend is bearish on LOOPRING - LRC/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.632677 USD. Buyers would then use the next resistance located at 0.661004 USD as an objective. Crossing it would then enable buyers to target 0.693648 USD. If there is a return to below the support located at 0.558151 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.547044 USD and 0.488778 USD by extension.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LOOPRING - LRC/USD price is 0.598662 USD. The price has increased by +7.30% since the last closing and was traded between 0.537002 USD and 0.636240 USD over the period. The price is currently at +11.48% from its lowest and -5.91% from its highest.0.537002
0.636240
0.598662
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
Here is a more detailed summary of the historical variations registered by LOOPRING - LRC/USD:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of LOOPRING - LRC/USD in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.440430 | 0.488778 | 0.547044 | 0.598662 | 0.661004 | 0.693648 | 0.756827 |
| Change (%) | -26.43% | -18.35% | -8.62% | - | +10.41% | +15.87% | +26.42% |
| Change | -0.158232 | -0.109884 | -0.051618 | - | +0.062342 | +0.094986 | +0.158165 |
| Level | Major | Major | Minor | - | Minor | 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 | 0.192805 | 0.316617 | 0.437284 | 0.561096 | 0.681763 | 0.805575 | 0.926242 |
| Camarilla | 0.490718 | 0.513129 | 0.535539 | 0.557950 | 0.580361 | 0.602771 | 0.625182 |
| Woodie | 0.191232 | 0.315831 | 0.435711 | 0.560310 | 0.680190 | 0.804789 | 0.924669 |
| Fibonacci | 0.316617 | 0.410008 | 0.467705 | 0.561096 | 0.654487 | 0.712184 | 0.805575 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.455331 | 0.558151 | 0.632677 | 0.735497 | 0.810023 | 0.912843 | 0.987369 |
| Camarilla | 0.658433 | 0.674690 | 0.690946 | 0.707203 | 0.723460 | 0.739716 | 0.755973 |
| Woodie | 0.441184 | 0.551078 | 0.618530 | 0.728424 | 0.795876 | 0.905770 | 0.973222 |
| Fibonacci | 0.558151 | 0.625897 | 0.667751 | 0.735497 | 0.803243 | 0.845097 | 0.912843 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.225611 | -0.029801 | 0.229481 | 0.425291 | 0.684573 | 0.880383 | 1.139665 |
| Camarilla | 0.363613 | 0.405330 | 0.447046 | 0.488763 | 0.530480 | 0.572197 | 0.613913 |
| Woodie | -0.193875 | -0.013933 | 0.261217 | 0.441159 | 0.716309 | 0.896251 | 1.171401 |
| Fibonacci | -0.029801 | 0.144044 | 0.251446 | 0.425291 | 0.599136 | 0.706538 | 0.880383 |
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): | 51.64 | |
| MACD (12,26,9): | 0.0060 | |
| Directional Movement: | -7.144004 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.598884 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.629361 | |
| Elder Ray (13): | -0.000946 | |
| Super Trend (3,10): | 0.533070 | |
| Zig ZAG (10): | 0.595403 | |
| VORTEX (21): | 1.1714 | |
| Stochastique (14,3,5): | 43.14 | |
| TEMA (21): | 0.613955 | |
| Williams %R (14): | -57.96 | |
| Chande Momentum Oscillator (20): | -0.003197 | |
| Repulse (5,40,3): | -0.4080 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1625 | |
| Courbe Coppock: | 11.01 |
| MA7: | 0.688073 | |
| MA20: | 0.711373 | |
| MA50: | 0.540436 | |
| MA100: | 0.366135 | |
| MAexp7: | 0.598167 | |
| MAexp20: | 0.592494 | |
| MAexp50: | 0.604179 | |
| MAexp100: | 0.639445 | |
| Price / MA7: | -12.99% | |
| Price / MA20: | -15.84% | |
| Price / MA50: | +10.77% | |
| Price / MA100: | +63.51% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +1.04% | |
| Price / MAexp50: | -0.91% | |
| Price / MAexp100: | -6.38% |
Quotes :
2021-02-24 16:52:02
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Real time data
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