Livepeer (LPT) Seems Determined to Extend Bullish Corrections Above the $10.00 Mark

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more

Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.



Ever since the Livepeer market tested the support at the $10.00 mark, it appears that upside forces have been triggered. This led to the market making higher lows since then, indicating that the market has been progressing ever since.

LPT Statistics:
Current LPT Value: $15.13
Livepeer Market Cap: $482,937,648
LPT Circulating Supply: 32,149,860
LPT Total Supply: 32,149,860
Livepeer CoinMarketCap Rank: 134

Key Price Levels:
Resistance: $17.00, $19.00, and $21.00
Support: $15.00, $13.00, and $11.00

Livepeer (LPT) Seems Determined to Extend Bullish Corrections Above the $10.00 MarkBullish Volatility Propels the Livepeer (LPT) Market Upwards

The ongoing session in the LPT market has welcomed significant volatility. Today, the token recorded an 8.41% price increase, placing the market at a considerable distance above the middle limit of the Bollinger Bands.

At this point, price action in this market is at the 50 level of the Fibonacci Retracement tool. Meanwhile, the Relative Strength Index (RSI) lines can be seen maintaining a downward trend towards the 80 level of the indicator. More careful observations of this market seem necessary at this point.

Livepeer (LPT) Seems Determined to Extend Bullish Corrections Above the $10.00 MarkLPT Bulls Are Fighting to Stay in Control

The Livepeer 4-hour market has revealed that price movement may remain under the control of upside forces. However, here, trading activities are occurring below the middle limit of the Bollinger Bands. At the same time, the 50 level of the Bollinger Bands lies above price activity.

The last price candle on this chart has appeared green, suggesting that a new session has started with upside forces still in the lead. Meanwhile, the RSI indicator lines are now rising out of the oversold region. Consequently, this suggests that price action may soon cross the middle limit of the Bollinger Bands. Traders may want to continue using crypto signals targeting the $17.00 mark.

Trade crypto coins on AvaTrade

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *