๐ $LPT โ Breaking Out or Burning Out?
Livepeer ($LPT) is making headlines with a remarkable surge, currently priced at $12.738, marking a ~130% increase in the last 24 hours .
๐ Key Metrics:
Price: $12.738
24h Volume: $2.23B
RSI (6): 86.795 โ Overbought
MACD: Strong Buy Signal
Market Cap: $525.58M
The RSI indicates overbought conditions, suggesting a potential short-term correction. However, the strong MACD buy signal and substantial trading volume reflect bullish momentum.
๐ฎ Price Targets:
Short-Term Resistance: $13.50
Next Milestone: $15.00
Potential Peak: $17.50, contingent on sustained momentum
Given the current trajectory, $LPT could test the $15 mark soon. However, traders should be cautious of potential pullbacks due to overbought indicators.