LPT Price Surges 130% Following Key Exchange Listing
Livepeer's Price Surge: Livepeer's token (LPT) experienced a significant price increase of over 130% following its listing on the Upbit exchange, raising its market cap to $474 million despite a generally declining crypto market.
Market Impact and Investor Sentiment: The Upbit listing has enhanced trading volumes and investor interest in LPT, supported by Grayscale's recognition of Livepeer, which may sustain its momentum and influence broader infrastructure growth in the crypto space.
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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 3 technical signals, shows that 0 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 | 1.036 | 1.531 | 2.044 | 2.539 | 3.052 | 3.547 | 4.06 |
| Fibonacci | 1.531 | 1.916 | 2.154 | 2.539 | 2.924 | 3.162 | 3.547 |
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