ADA, LPT & PENGU – Altcoins Stumble as Bears Tighten Grip
As the market shows signs of weakening, altcoins like Cardano (ADA), Livepeer (LPT), and Pengu (PENGU) are struggling to hold support. Let’s break down the moves:
🔵 $ADA
Price: $0.5463 | 24H Change: -4.04%
📉 Down -19.84% in 30 days and -38.56% in 180 days
ADA saw a sharp drop from $0.5905, forming successive lower highs. With momentum fading and buyers retreating, the trend remains bearish in the short term.
🟣 $LPT
Price: $5.92 | 24H Change: -6.87%
📉 Down -32.41% in 30 days and -61.38% in 180 days
LPT is in freefall, hitting a 24H low at $5.913. Despite moderate buyer interest (71.33%), sellers are clearly overpowering the order book. Weak structure and no signs of reversal yet.
🐧 $PENGU
Price: $0.01444 | 24H Change: +3.97%
📈 Up 65.29% in 7 days and 173.19% in 90 days
PENGU is the outlier here—holding strong despite market weakness. With explosive 90-day gains, it's catching eyes, but volatility remains high and quick swings are frequent.
⚠️ Market Takeaway:
ADA & LPT: Downtrend confirmed. Weak volume + no catalysts = limited upside.
PENGU: Outperforming short-term, but momentum-driven and speculative.
🧠 Strategy Hint:
Short-term traders should keep tight stops; long-term investors may find better entry points ahead.
#ADA #LPT #PENGU #CryptoTrends #TradersLeague
📌 Disclaimer: This is not financial advice. Always DYOR and manage risk.