- Livepeer has a loss of more than 29 %, trading at $ 9.
- Over the past seven days, LPT has increased by 65 %.
The encryption market rides the Habboudi wave with Bitcoin slipping (BTC) about 103.8 thousand dollars. The main ticks lost its momentum, where it was traded in the red area. Meanwhile, Livepeer (LPT) scored a sharp blow, and slid more than 29.33 % in the past 24 hours.
Livepeer visited the highest daily level at $ 13.35 in the first hours. In the end, the bears sparked the price to restore the lowest daily level of $ 9.39. LPT currently commerce At about $ 9.40, with the maximum market of $ 386 million.
Moreover, the daily trading volume increased by more than 10.96 %, to reach $ 2.89 billion. According to Coinglass DataThe market has seen the liquidation of $ 13.28 million from Livepeer.
Over the past seven days, LPT has recorded an increase of more than 67 %. The week began trading in a range of $ 5, after which the price rose steadily to the highest weekly level of $ 13.
Is Livepeer (LPT) ready to break or collapse?
Livepeer price pattern for four hours on the upscale trading area. With positive feelings, the original can exceed $ 9.90. The present bulls may lead to the formation of the golden cross and push it to gather towards the area of $ 10 or higher.
If the bullish projection of the original fades, the price may fall its last gains and decrease towards the mark of $ 9.42. If Livepeer fails to keep this level, the bears may begin to appear the death of death, which sends the price to its lowest levels.
Moreover, the Livepeer MacDEER is via the signal line. Thus, this intersection indicates an upper momentum. Also, it hints the opportunity to buy a possible inside the market.
The flow of money is the technical indicator that originally evaluates the capital flow. The CMF value is found at 0.05, indicating the flow of positive money and moderate purchase pressure. The original may suffer from an upward price movement.
In addition, the daily RSI Index (Relative Power Index) indicates 58.53 neutral To the ups of the upward lands. But there is still room for the bullish movement or landing. The Bull Bear Power (BBP) reading is located in Livedpeer at 1.011, which means that the mild bullish momentum in the market.
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