$LPT
Livepeer (LPT) is currently trading at $10.71, with a 91.18% increase in the last 24 hours.
*Key Metrics:*
- *Current Price*: $10.71
- *Open Price*: $5.60
- *High Price*: $11.05
- *Low Price*: $5.15
- *Previous Close Price*: $5.60
- *Market Cap*: $759.42M
- *24-hour Change*: 91.18%
*Technical Indicators:*
The recent price movement suggests strong bullish momentum, marked by high trading volumes and upward movement. The $10 level has acted as a robust support zone, providing a reliable stop-loss point for spot buyers ¹.
*Trading Signal:*
Based on the current trend, a potential trading setup could be:
- *Buy*: Above $6.05, with a target price of $7
- *Short*: Below $5.35, with target prices of $4.9 and $4.712
*Stop Loss:*
A conservative stop loss could be set around $5.232, approximately 5% below the current price, to limit potential losses ¹.
*Support and Resistance Levels:*
- *Support Level 1*: $5.35
- *Support Level 2*: $4.712
- *Resistance Level 1*: $11.05
- *Resistance Level 2*: $14.000 (potential target price)