Livepeer (LPT) is listed on Upbit,
Soaring to 13.48 USD in a short time,
A 150% increase within 24 hours.
Trading volume surged by 2000%.
But is this really just a short-term emotional fluctuation?
One, the truth behind the surge
This rise is not purely stimulated by news,
LPT started from 3.3 USD,
Breaking through multiple technical resistances all the way.
Technical analysis shows:
MACD has formed a weekly golden cross for the first time since the beginning of the year,
RSI successfully crossed the long-term downward line,
Bullish momentum is accumulating.
Two, key resistance areas are approaching
The current price is approaching the range of 11.56 to 12.78 USD,
This is a reversal point in history.
If it stabilizes,
Will open up an upward channel to 20 USD;
If blocked and not broken,
May enter a short-term correction or oscillation repair.
Three, strong signals of capital inflow
Past surges often lack volume support,
And this time Upbit brings real trading demand.
New capital is entering the market,
This type of increase has a sustainable foundation.
Four, stage expectations and operating strategies
Stage target: after breaking the resistance zone, aim for 18 to 21 USD
Short-term pressure level: 12.7
Support level observation: 10.6 to 11.0
Suggestion:
Be cautious when chasing highs in the short term; wait for a volume breakout confirmation.
Medium-term can be positioned at lows, volume and price matching is key
Final reminder:
The logic behind this round of increase is not concept speculation,
But structural changes, technical confirmations, and market resonance.
A real big market often starts in calmness,
Growing amidst doubts, exploding in confirmations.
