Let's talk about the coin $LPT which once surged to 9.912
Currently reported at 9.815 with a rise of over 9% and a volatility of 11%, showing a clearly bullish market; from a technical perspective, MA7 is at 7.982 and MA30 is at 6.760, with the short-term moving average crossing above the long-term moving average forming a golden cross.
The bullish arrangement is beginning to show with the MACD indicators DIF and DEA both in the positive area, and the histogram expanding upwards indicating strong bullish momentum, while the trading volume has increased to several million levels, indicating active capital inflow.
This surge has been rapid, and I believe it is mainly due to the project party possibly releasing favorable news, such as new collaborations or technological breakthroughs, stimulating market FOMO sentiment and causing funds to flood in, pushing prices higher;
Looking ahead, if the price can stabilize above the support level of 9.8 and the trading volume continues to support, LPT has a chance to challenge 10 or even higher targets. After all, once a trend is formed, it is not easy to reverse, but the short-term increase is too large, and the overbought risk is obvious.
I remind everyone to be cautious of a pullback, as it is common for the crypto world to change overnight. Don't be greedy; taking profits in batches is the way to go. The overall picture is slightly bullish, but risk management cannot be relaxed.
Opportunities are fleeting, a pullback is imminent, buy the dip to position yourself in the spot market, and the altcoin profits are waiting for you! Doubling is not a dream; click on the avatar to follow me, and let's enjoy the bull market feast together!