Why has the price of Lagrange ($LA ) risen in the last 24 hours?"
First, let's look at the price data. In the last day, the price of LA has increased by 2.87%. Over the past 7 and 30 days, the growth has been 6.25% and 11.41%, respectively. However, over the last 60 and 90 days, there has been a decline—minus 39.12% and 28.14%. This means that the current increase is a short-term trend against a longer-term decline.$LA
Next, let's consider the technical analysis. The 7-day simple moving average (SMA) is 0.3725 and the 30-day SMA is 0.3498, while the current price of 0.382 is above both, indicating a bullish market sentiment. The relative strength index (RSI) is 55.12—this is a neutral level, with no signs of overbought or oversold conditions. The MACD shows a positive histogram, which also indicates growth. Fibonacci levels indicate resistance around 0.4248 (23.6%), and if the price surpasses this level, the growth may continue.$LA
Now let's turn to the news. The Lagrange Fund is considering a token buyback on July 14, 2025—which could reduce supply and support the price. Additionally, in early August 2025, LA was added to several exchanges, such as Binance, WhiteBIT, and Toobit, which increases liquidity and recognition.