$LPT USDT — Breakout Alert After Extended Consolidation
Livepeer (LPT) has finally pushed through its $7.48 resistance after a prolonged sideways phase, signaling a potential trend shift and opening the door for a sustained upside move.
Market Snapshot:
- Current Price: $7.455
- 24H High / Low: $7.488 / $7.081
- Volume: $17.36M USDT (~2.18M LPT) — notable spike from consolidation levels
- Trend: Price breaking above EMA‑21 on the 4H chart, MACD turning bullish, RSI climbing but not yet overbought
Technical Outlook:
- Breakout Zone: $7.48 — clean close above confirms breakout
- Primary Target: $8.20–$8.50 — aligns with prior supply zone
- Extended Target: $9.00+ if momentum accelerates
- Support: $7.20–$7.00 — must hold to keep breakout structure intact
Why It Matters:
- Long consolidation phases often precede strong directional moves
- Volume expansion confirms participation from larger players
- Breakout aligns with broader altcoin market strength, increasing follow‑through probability
A 4H candle close above $7.48 with sustained volume could trigger a run toward $8.20–$8.50, with $9.00 as the extended target. Failure to hold above $7.20 would put the breakout at risk.
