🚀 Blast Off with LPT: Livepeer’s Rising Momentum
Livepeer’s LPT token is turning heads in the crypto sphere. Currently trading around $6.55, LPT is riding a +12–15% surge this week, reclaiming key support and breaking out of consolidation zones—Binance Square signals a breakout from $5.75 to $7.10 on solid volume!
🔍 What’s Sparking the Surge?
Technical Breakout: RSI and MACD suggest bullish momentum as it flips crucial resistance zones ($6.60–6.70) into support .
Binance Expansion: New listings for LPT/EUR and LPT/FDUSD offer more liquidity and global trader access .
On‑chain & infra buzz: Livepeer’s role as a decentralized video infrastructure token is gaining traction—“infrastructure gains incoming” reads the Binance Square buzz .
📈 What’s Next?
Short‑term targets: Expect resistance tests near $7.10–7.20, with optimism for moves toward $7.50–8.00 .
Watch the zone: Support remains strong around $6.60–6.70—holding here keeps the bullish case alive .
⚠️ Risks Ahead
Pullbacks to $6.00–6.30 could emerge if buyers cool off—or if broader crypto sentiment turns choppy.
Macro trends and altcoin rotations can shift the momentum suddenly.
🧩 Quick Summary:
Price: ~$6.55 (+12–15% this week)
Support: $6.60–6.70
Resistance: $7.10–7.20; breakout could target $7.50+
Catalysts: Binance pairings, bullish TA, strengthening infra narrative
📣 #lpt #Livepeer #BinanceSquare #Crypto #Breakout #DeFiInfra