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$LPT ā Eyeing $7.50 Next š
Livepeer is holding its ground after a steady climb, trading just above the key support zone. Buyers are clearly defending this level, and the chart is shaping up for a push toward that $7.50 mark ā a level that lines up with recent swing highs and a key resistance zone.
Where Weāre At:
- Price is steady above the $6.20ā$6.30 range
- Momentum is cooling just enough to reset indicators before the next move
- Volume is healthy, showing thereās still interest behind the scenes
Why It Matters:
- LPTās role in powering decentralized, AIādriven video infrastructure keeps it in a strong narrative lane
- Staking rewards are locking up supply, adding pressure to the upside
- A clean break above $7.50 could open the door to $8.20ā$9.00 in short order
Traderās Take:
This is the kind of setup where patience pays. Holding above support while volume stays active is exactly what you want to see before a breakout. Keep $7.50 on your radar ā if it goes, momentum could do the rest.
#lpt $LPT @CryptoNewsHQ