📈 Analysis and forecast for $LPT on Binance: further prospects? 🚀
As of June 8, 2025, at 11:46 EEST, the rate $LPT on Binance is $8.35, with a 13.79% increase in the last 24 hours. The trading volume is around $48.12M, and the market capitalization is $174.35M (with a circulating supply of 20.88M tokens). The increase is associated with interest in Livepeer and its role in decentralized video encoding.
Technically, $LPT demonstrates strong bullish momentum. On the 4-hour chart, the 50-day SMA is rising, while the 200-day is stabilizing, indicating an upward trend. RSI (14) is around 68, signaling a zone close to overbought, while MACD confirms the upward movement. Key resistance is at $9.00; a breakout above may push the price to $9.50. A decline below $7.80 will increase pressure to $7.50.
Forecast: by the end of June, LPT could reach $9.00–$9.50 if volumes are maintained. By July 2025, a pullback to $7.80 is possible if the market corrects. By the end of the year, the target is $12.00–$14.00, provided there is an increase in demand for decentralized video streaming. Long-term potential for 2026 is $18+, if the Livepeer ecosystem strengthens its position. Fundamentally, $LPT attracts attention due to Web3 video, but volatility is a risk.
Further prospects? The price of $8.35 is close to the resistance of $9.00, and an RSI of 68 indicates possible growth with a risk of correction. A 13.79% increase in 24 hours is a signal to take profits at $9.00–$9.50. Set a stop-loss at $7.80. Posts on X indicate a bullish sentiment and increasing activity but advise monitoring volumes. Trade cautiously! #LPT #Binance #CryptoAnalysis
