Livepeer Price Prediction: Top Gainer LPT Soars 17% As Expert Predicts 10x Returns For This Learn To Earn Crypto – Altcoin Season?

The Livepeer worth rose 17% within the final 24 hours to commerce at $24.37 as of 03:34 a.m. EST on buying and selling quantity that skyrocketed 117% to $139 million.

That made LPT the highest gainer among the many largest 100 cryptos by market capitalization, in response to CoinMarketCap.

Livepeer Value Aiming For A Breakout Above The Consolidation Channel

The Livepeer worth has been on a gradual rise since Could, rising by means of a markup part because it soared to the resistance round $24.48, knowledge from GeckoTerminal reveals.

LPT has been unable to soar over the resistance degree, with the token consolidating between the $24.48 and $20.32 ranges. With the Livepeer worth crossing above the higher boundary of the channel, the bulls may maintain the bullish stance.

LPT trades above each the 50-day and 200-day Easy Shifting Averages (SMAs), a affirmation of the sturdy bullish momentum.

Furthermore, the Relative Power Index (RSI) trades above the 50-midline degree at 58, which reveals that LPT is ready to soar over the consolidation channel because it comes out of equilibrium.

The Shifting Common Convergence Divergence (MACD) additionally reveals indicators of the toke hovering above the channel, because the MACD line (blue) crosses above the sign line (orange), a illustration of a bullish crossover.

Livepeer Value Prediction

The Livepeer worth evaluation on the 4-hour chart reveals that LPT bulls intention to push the token over the consolidation channel, at the moment focusing on the subsequent resistance zone at $27.50.

Nevertheless, if the bears win the wrestle for dominance throughout the consolidation channel, LPT could drop again to beneath the channel at $18.80.

In the meantime, because the Livepeer bulls gear up for a bullish rally, different traders are piling into $99BTC, a Bitcoin by-product that has already raised greater than $2.1 million.

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