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LOOPRING - LRC/USDT
LOOPRING - LRC/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: LRCUSDT
ISIN:

LOOPRING - LRC/USDT - 15 min. - Technical analysis published on 04/14/2023 (GMT)

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Londinia
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 0.376067 USDT
My targets
0.415200 USDT (+4.37%)
0.420667 USDT (+5.75%)
My analysis
The basic bullish trend is very strong on LOOPRING - LRC/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.376067 USDT. Crossing the first resistance at 0.415200 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.420667 USDT as an objective. Crossing it would then enable buyers to target 0.459140 USDT. Caution, a return to below 0.376067 USDT would be a sign of a consolidation phase in the short-term basic trend. 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 not called into question, despite technical indicators being indecisive.
Force
0
10
5.5

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.

cjshah017
This analysis was given by cjshah017. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The LOOPRING - LRC/USDT price is 0.397800 USDT. The price registered an increase of +9.41% on the session with the lowest point at 0.362400 USDT and the highest point at 0.472000 USDT. The deviation from the price is +9.77% for the low point and -15.72% for the high point.

0.362400
0.472000
0.397800

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this LOOPRING - LRC/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 15 minutes


Bearish harami

Type : Bearish

Timeframe : 15 minutes


Bearish harami cross

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.362600 0.365000 0.368020 0.397800 0.415200 0.459140 0.830000
Change (%) -8.85% -8.25% -7.49% - +4.37% +15.42% +108.65%
Change -0.035200 -0.032800 -0.029780 - +0.017400 +0.061340 +0.432200
Level Minor Intermediate Major - Minor Intermediate Minor



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
Standard0.3382330.3438670.3537330.3593670.3692330.3748670.384733
Camarilla0.3593380.3607580.3621790.3636000.3650210.3664420.367863
Woodie0.3403500.3449250.3558500.3604250.3713500.3759250.386850
Fibonacci0.3438670.3497880.3534460.3593670.3652880.3689460.374867


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2868670.3143330.3314670.3589330.3760670.4035330.420667
Camarilla0.3363350.3404230.3445120.3486000.3526880.3567770.360865
Woodie0.2817000.3117500.3263000.3563500.3709000.4009500.415500
Fibonacci0.3143330.3313710.3418960.3589330.3759710.3864960.403533


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1563000.2063000.2834000.3334000.4105000.4605000.537600
Camarilla0.3255480.3371980.3488490.3605000.3721510.3838020.395453
Woodie0.1698500.2130750.2969500.3401750.4240500.4672750.551150
Fibonacci0.2063000.2548520.2848480.3334000.3819520.4119480.460500

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): 50.82
MACD (12,26,9): 0.0068
Directional Movement: 21.946172
AROON (14): 64.285714
DEMA (21): 0.402560
Parabolic SAR (0,02-0,02-0,2): 0.470292
Elder Ray (13): -0.004811
Super Trend (3,10): 0.432601
Zig ZAG (10): 0.395300
VORTEX (21): 1.0070
Stochastique (14,3,5): 19.08
TEMA (21): 0.405359
Williams %R (14): -81.09
Chande Momentum Oscillator (20): 0.016800
Repulse (5,40,3): -4.6479
ROCnROLL: -1
TRIX (15,9): 0.2264
Courbe Coppock: 12.33
MA7: 0.360986
MA20: 0.358560
MA50: 0.351484
MA100: 0.327728
MAexp7: 0.400616
MAexp20: 0.393429
MAexp50: 0.383510
MAexp100: 0.374544
Price / MA7: +10.20%
Price / MA20: +10.94%
Price / MA50: +13.18%
Price / MA100: +21.38%
Price / MAexp7: -0.75%
Price / MAexp20: +1.06%
Price / MAexp50: +3.67%
Price / MAexp100: +6.16%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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