๐ $LPT โ Explosive breakout!
Price: $9.87
Change over the day: +23.51%
Max: $14.36 | Min: $7.52
Volume over 24 hours: $69.3M
๐ข What happened to $LPT ?
LPT (Livepeer) literally exploded, making a rapid jump from ~$3.24 to $14+ in less than 48 hours!
That's almost 4.5x profit in a very short period.
In recent days, the price consolidated and found support around $8, after which it began to rise again, and is now stabilizing in the range of $9.5โ10.0.
๐ Technical picture
MA(7): $9.57
MA(25): $6.73
MA(99): $5.50
Candle of the day: strong green body with an upward shadow โ previous retest after pump
Volume: high but decreasing โ likely new impulse wave upon breaking $10.00
๐ฎ Forecast:
๐ข Bullish scenario:
TP1: $10.80 โ local sellers' level
TP2: $12.30 โ zone of previous retracement
TP3: $14.36 โ last peak
๐ก๏ธ Support zones:
$8.60 โ current base
$7.50 โ critical level for bullish trend
Stop-loss: $7.20
๐ง Conclusion:
๐ธ LPT in the spotlight after a crazy surge โ the market hasn't cooled down yet.
๐ธ If the price consolidates above $10.00 โ possible recovery rally to $12+.
$LPT
