š Livepeer ($LPT ) Becomes Today's Top Gainer!
In the midst of a crypto market that is mostly still in a correction phase, Livepeer ($LPT) has caught attention with a spectacular price surge of +128.53% in the last 24 hours! The price of LPT surged from $5.29 to $14.35 before currently consolidating around $12.22.
š Technically, LPT shows a strong bullish breakout:
* RSI(6) touched 87.74 ā indicating very high buying momentum, even starting to enter the overbought zone.
* EMA 13, 21, and 99 formed a golden alignment ā strong upward trend confirmed.
* Trading volume also surged with total transactions $LPT reaching 29.56 million tokens.
The background for this rally does not have any major fundamental triggers officially announced, but it is highly likely that the push comes from short-term capital rotation to Web3 infrastructure projects like Livepeer ā especially since this project focuses on decentralized streaming solutions, a sector that has recently gained popularity.
For short-term traders, the potential for high volatility after such a sharp rally needs to be anticipated. Meanwhile, for long-term investors, this action could be a signal that projects like $LPT are starting to gain market exposure again.
š Disclaimer: Not Promotion & Not Financial Advice
