LOOPRING - LRC/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	LRCUSDT
ISIN:

LOOPRING - LRC/USDT - Daily - Technical analysis published on 12/16/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 0.204052 USDT

My targets

0.277035 USDT (+5.66%)

0.319650 USDT (+21.92%)

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 0.204052 USDT. Crossing the first resistance at 0.277035 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.319650 USDT as an objective. Crossing it would then enable buyers to target 0.340212 USDT. Caution, a return to below 0.204052 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.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

4.3

Comment on the analysis

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 zakarya25. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

LOOPRING - LRC/USDT rating 0.262189 USDT. The price is lower by -2.42% since the last closing and was between 0.259767 USDT and 0.273430 USDT. This implies that the price is at +0.93% from its lowest and at -4.11% from its highest.

0.259767

0.273430

0.262189

Here is a more detailed summary of the historical variations registered by LOOPRING - LRC/USDT:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of LOOPRING - LRC/USDT indicates that the overall trend is strongly bullish. 85.71% 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. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.135245	0.171653	0.188586	0.262189	0.277035	0.319650	0.340212
Change (%)	-48.42%	-34.53%	-28.07%	-	+5.66%	+21.92%	+29.76%
Change	-0.126944	-0.090536	-0.073603	-	+0.014846	+0.057461	+0.078023
Level	Intermediate	Minor	Intermediate	-	Intermediate	Major	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	0.238648	0.244764	0.256723	0.262839	0.274798	0.280914	0.292873
Camarilla	0.263711	0.265368	0.267025	0.268682	0.270339	0.271996	0.273653
Woodie	0.241570	0.246225	0.259645	0.264300	0.277720	0.282375	0.295795
Fibonacci	0.244764	0.251669	0.255934	0.262839	0.269744	0.274009	0.280914

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.109034	0.162412	0.210286	0.263664	0.311538	0.364916	0.412790
Camarilla	0.230317	0.239598	0.248880	0.258161	0.267442	0.276724	0.286005
Woodie	0.106283	0.161036	0.207535	0.262288	0.308787	0.363540	0.410039
Fibonacci	0.162412	0.201090	0.224985	0.263664	0.302342	0.326237	0.364916

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.003540	0.051812	0.148700	0.204052	0.300940	0.356292	0.453180
Camarilla	0.203721	0.217676	0.231632	0.245587	0.259542	0.273498	0.287453
Woodie	0.017227	0.062196	0.169467	0.214436	0.321707	0.366676	0.473947
Fibonacci	0.051812	0.109968	0.145897	0.204052	0.262208	0.298137	0.356292

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):	53.75
MACD (12,26,9):	0.0181
Directional Movement:	3.724251
AROON (14):	-42.857143
DEMA (21):	0.288063
Parabolic SAR (0,02-0,02-0,2):	0.306085
Elder Ray (13):	-0.001438
Super Trend (3,10):	0.234836
Zig ZAG (10):	0.262060
VORTEX (21):	1.0729
Stochastique (14,3,5):	40.09
TEMA (21):	0.281826
Williams %R (14):	-60.68
Chande Momentum Oscillator (20):	-0.053550
Repulse (5,40,3):	-1.8498
ROCnROLL:	-1
TRIX (15,9):	1.7575
Courbe Coppock:	11.21

MA7:	0.265609
MA20:	0.271087
MA50:	0.200633
MA100:	0.162605
MAexp7:	0.268541
MAexp20:	0.259790
MAexp50:	0.218903
MAexp100:	0.189409
Price / MA7:	-1.29%
Price / MA20:	-3.28%
Price / MA50:	+30.68%
Price / MA100:	+61.24%
Price / MAexp7:	-2.37%
Price / MAexp20:	+0.92%
Price / MAexp50:	+19.77%
Price / MAexp100:	+38.42%

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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