LOOPRING - LRC/USD - 1H - Technical analysis published on 03/08/2023 (GMT)
- 100
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
39%
11%
50%
My opinion
Neutral between 0.312366 USD and 0.357646 USD
My targets
-
My analysis
The short-term increase on LOOPRING - LRC/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.357646 USD. The first support is located at 0.312366 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The LOOPRING - LRC/USD rating is 0.333854 USD. The price has increased by +4.09% since the last closing and was traded between 0.316068 USD and 0.347441 USD over the period. The price is currently at +5.63% from its lowest and -3.91% from its highest.0.316068
0.347441
0.333854
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
Here is a more detailed summary of the historical variations registered by LOOPRING - LRC/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of LOOPRING - LRC/USD in 1H shows an overall slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.262805 | 0.312366 | 0.332249 | 0.333854 | 0.359261 | 0.373236 | 0.415229 |
| Change (%) | -21.28% | -6.44% | -0.48% | - | +7.61% | +11.80% | +24.37% |
| Change | -0.071049 | -0.021488 | -0.001605 | - | +0.025407 | +0.039382 | +0.081375 |
| Level | Intermediate | Intermediate | Major | - | Major | 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 | 0.264374 | 0.288446 | 0.304593 | 0.328665 | 0.344812 | 0.368884 | 0.385031 |
| Camarilla | 0.309679 | 0.313366 | 0.317052 | 0.320739 | 0.324426 | 0.328113 | 0.331799 |
| Woodie | 0.260411 | 0.286465 | 0.300630 | 0.326684 | 0.340849 | 0.366903 | 0.381068 |
| Fibonacci | 0.288446 | 0.303810 | 0.313302 | 0.328665 | 0.344029 | 0.353521 | 0.368884 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.193432 | 0.254227 | 0.296851 | 0.357646 | 0.400270 | 0.461065 | 0.503689 |
| Camarilla | 0.311035 | 0.320515 | 0.329995 | 0.339475 | 0.348955 | 0.358435 | 0.367915 |
| Woodie | 0.184347 | 0.249684 | 0.287766 | 0.353103 | 0.391185 | 0.456522 | 0.494604 |
| Fibonacci | 0.254227 | 0.293733 | 0.318140 | 0.357646 | 0.397152 | 0.421559 | 0.461065 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.120248 | 0.220691 | 0.293177 | 0.393620 | 0.466106 | 0.566549 | 0.639035 |
| Camarilla | 0.318108 | 0.333959 | 0.349811 | 0.365663 | 0.381515 | 0.397367 | 0.413219 |
| Woodie | 0.106270 | 0.213702 | 0.279199 | 0.386631 | 0.452128 | 0.559560 | 0.625057 |
| Fibonacci | 0.220691 | 0.286750 | 0.327561 | 0.393620 | 0.459679 | 0.500490 | 0.566549 |
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): | 55.71 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | 6.650809 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.322633 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.347441 | |
| Elder Ray (13): | 0.002771 | |
| Super Trend (3,10): | 0.286944 | |
| Zig ZAG (10): | 0.319501 | |
| VORTEX (21): | 0.9670 | |
| Stochastique (14,3,5): | 44.76 | |
| TEMA (21): | 0.321692 | |
| Williams %R (14): | -35.70 | |
| Chande Momentum Oscillator (20): | 0.002501 | |
| Repulse (5,40,3): | -15.3162 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0960 | |
| Courbe Coppock: | 1.00 |
| MA7: | 0.336429 | |
| MA20: | 0.380722 | |
| MA50: | 0.362593 | |
| MA100: | 0.295229 | |
| MAexp7: | 0.326453 | |
| MAexp20: | 0.325722 | |
| MAexp50: | 0.328035 | |
| MAexp100: | 0.332290 | |
| Price / MA7: | -0.77% | |
| Price / MA20: | -12.31% | |
| Price / MA50: | -7.93% | |
| Price / MA100: | +13.08% | |
| Price / MAexp7: | +2.27% | |
| Price / MAexp20: | +2.50% | |
| Price / MAexp50: | +1.77% | |
| Price / MAexp100: | +0.47% |
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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