LOOPRING - LRC/USD - 1H - Technical analysis published on 04/28/2023 (GMT)
- 174
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.351435 USD
My targets
0.368397 USD (+4.05%)
0.379247 USD (+7.12%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on LOOPRING - LRC/USD as long as the price remains well above 0.351435 USD. The buyers' bullish objective is set at 0.368397 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.379247 USD. If there is any crossing, the next objective would be the resistance located at 0.411808 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LOOPRING - LRC/USD rating 0.354041 USD. The price registered an increase of +2.49% on the session and was between 0.345263 USD and 0.354041 USD. This implies that the price is at +2.54% from its lowest and at 0% from its highest.0.345263
0.354041
0.354041
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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 this 1H chart of LOOPRING - LRC/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
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 | 0.332430 | 0.343397 | 0.351435 | 0.354041 | 0.368397 | 0.379247 | 0.411808 |
| Change (%) | -6.10% | -3.01% | -0.74% | - | +4.05% | +7.12% | +16.32% |
| Change | -0.021611 | -0.010644 | -0.002606 | - | +0.014356 | +0.025206 | +0.057767 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.310196 | 0.323364 | 0.334398 | 0.347566 | 0.358600 | 0.371768 | 0.382802 |
| Camarilla | 0.338776 | 0.340994 | 0.343213 | 0.345431 | 0.347650 | 0.349868 | 0.352087 |
| Woodie | 0.309128 | 0.322831 | 0.333330 | 0.347033 | 0.357532 | 0.371235 | 0.381734 |
| Fibonacci | 0.323364 | 0.332610 | 0.338321 | 0.347566 | 0.356812 | 0.362523 | 0.371768 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.224962 | 0.280969 | 0.315054 | 0.371061 | 0.405146 | 0.461153 | 0.495238 |
| Camarilla | 0.324365 | 0.332623 | 0.340882 | 0.349140 | 0.357398 | 0.365657 | 0.373915 |
| Woodie | 0.214002 | 0.275489 | 0.304094 | 0.365581 | 0.394186 | 0.455673 | 0.484278 |
| Fibonacci | 0.280969 | 0.315384 | 0.336646 | 0.371061 | 0.405476 | 0.426738 | 0.461153 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.114165 | 0.179124 | 0.272604 | 0.337563 | 0.431043 | 0.496002 | 0.589482 |
| Camarilla | 0.322514 | 0.337038 | 0.351561 | 0.366085 | 0.380609 | 0.395132 | 0.409656 |
| Woodie | 0.128427 | 0.186254 | 0.286866 | 0.344693 | 0.445305 | 0.503132 | 0.603744 |
| Fibonacci | 0.179124 | 0.239647 | 0.277039 | 0.337563 | 0.398086 | 0.435478 | 0.496002 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.49 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 0.038724 | |
| AROON (14): | 35.714285 | |
| DEMA (21): | 0.347827 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.341038 | |
| Elder Ray (13): | 0.001742 | |
| Super Trend (3,10): | 0.364292 | |
| Zig ZAG (10): | 0.349991 | |
| VORTEX (21): | 0.9771 | |
| Stochastique (14,3,5): | 44.48 | |
| TEMA (21): | 0.346020 | |
| Williams %R (14): | -61.86 | |
| Chande Momentum Oscillator (20): | 0.005388 | |
| Repulse (5,40,3): | -2.8964 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0284 | |
| Courbe Coppock: | 0.47 |
| MA7: | 0.344191 | |
| MA20: | 0.364655 | |
| MA50: | 0.352158 | |
| MA100: | 0.357035 | |
| MAexp7: | 0.346399 | |
| MAexp20: | 0.347756 | |
| MAexp50: | 0.347214 | |
| MAexp100: | 0.347415 | |
| Price / MA7: | +2.86% | |
| Price / MA20: | -2.91% | |
| Price / MA50: | +0.53% | |
| Price / MA100: | -0.84% | |
| Price / MAexp7: | +2.21% | |
| Price / MAexp20: | +1.81% | |
| Price / MAexp50: | +1.97% | |
| Price / MAexp100: | +1.91% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis LOOPRING - LRC/USD - 1H