LOOPRING - LRC/USD - 1H - Technical analysis published on 07/25/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.221476 USD
My targets
0.210678 USD (-3.10%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LOOPRING - LRC/USD as long as the price remains well below 0.221476 USD. The next bearish objective for sellers is set at 0.210678 USD. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
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
LOOPRING - LRC/USD rating 0.217410 USD. The price is lower by -0.04% since the last closing and was between 0.216612 USD and 0.224670 USD. This implies that the price is at +0.37% from its lowest and at -3.23% from its highest.0.216612
0.224670
0.217410
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.210678 | 0.216758 | 0.217410 | 0.221476 | 0.225168 | 0.233058 |
| Change (%) | -3.10% | -0.30% | - | +1.87% | +3.57% | +7.20% |
| Change | -0.006732 | -0.000652 | - | +0.004066 | +0.007758 | +0.015648 |
| Level | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
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 | 0.198673 | 0.207715 | 0.212602 | 0.221644 | 0.226531 | 0.235573 | 0.240460 |
| Camarilla | 0.213658 | 0.214934 | 0.216211 | 0.217488 | 0.218765 | 0.220042 | 0.221319 |
| Woodie | 0.196595 | 0.206676 | 0.210524 | 0.220605 | 0.224453 | 0.234534 | 0.238382 |
| Fibonacci | 0.207715 | 0.213036 | 0.216324 | 0.221644 | 0.226965 | 0.230253 | 0.235573 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.196360 | 0.208716 | 0.215835 | 0.228191 | 0.235310 | 0.247666 | 0.254785 |
| Camarilla | 0.217598 | 0.219384 | 0.221169 | 0.222954 | 0.224739 | 0.226524 | 0.228310 |
| Woodie | 0.193742 | 0.207407 | 0.213217 | 0.226882 | 0.232692 | 0.246357 | 0.252167 |
| Fibonacci | 0.208716 | 0.216156 | 0.220752 | 0.228191 | 0.235631 | 0.240227 | 0.247666 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.127993 | 0.162268 | 0.196755 | 0.231030 | 0.265517 | 0.299792 | 0.334279 |
| Camarilla | 0.212334 | 0.218637 | 0.224940 | 0.231243 | 0.237546 | 0.243849 | 0.250153 |
| Woodie | 0.128100 | 0.162321 | 0.196862 | 0.231083 | 0.265624 | 0.299845 | 0.334386 |
| Fibonacci | 0.162268 | 0.188535 | 0.204763 | 0.231030 | 0.257297 | 0.273525 | 0.299792 |
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): | 46.55 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | 24.337775 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.217461 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.223324 | |
| Elder Ray (13): | -0.000351 | |
| Super Trend (3,10): | 0.226113 | |
| Zig ZAG (10): | 0.217873 | |
| VORTEX (21): | 0.9779 | |
| Stochastique (14,3,5): | 14.08 | |
| TEMA (21): | 0.217655 | |
| Williams %R (14): | -86.19 | |
| Chande Momentum Oscillator (20): | -0.001149 | |
| Repulse (5,40,3): | -0.9260 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0612 | |
| Courbe Coppock: | 0.49 |
| MA7: | 0.223962 | |
| MA20: | 0.228509 | |
| MA50: | 0.228397 | |
| MA100: | 0.270633 | |
| MAexp7: | 0.218099 | |
| MAexp20: | 0.218692 | |
| MAexp50: | 0.220635 | |
| MAexp100: | 0.223008 | |
| Price / MA7: | -2.93% | |
| Price / MA20: | -4.86% | |
| Price / MA50: | -4.81% | |
| Price / MA100: | -19.67% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -0.59% | |
| Price / MAexp50: | -1.46% | |
| Price / MAexp100: | -2.51% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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