Livepeer Soars 123% After Upbit, dYdX Listings
Livepeer's Price Surge: Livepeer (LPT) saw a 123% increase in value after being listed on South Korean exchange Upbit and decentralized platform dYdX, boosting its market cap to over $420 million.
Impact of Exchange Listings: The significant price rally reflects the influence of major exchanges like Upbit on token valuations, driven by active trading from South Korean investors, although historical trends suggest potential price corrections may follow initial surges.
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Technical Analysis for LPT
Technical Sentiment Analysis for Livepeer (LPT) As of , Livepeer (LPT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LPT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LPT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Livepeer (LPT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.152 | 1.589 | 2.046 | 2.483 | 2.94 | 3.377 | 3.834 |
| Fibonacci | 1.589 | 1.931 | 2.142 | 2.483 | 2.825 | 3.036 | 3.377 |
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