📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Livepeer (LPT) Volume Jumps 462% as Bulls and Bears Battle for Control
The crypto market is riding the mixed signal wave with the neutral sentiment lingering across the assets. The largest assets like Bitcoin (BTC) and Ethereum (ETH) trade at $107.4K and $2.4K. With the red and green painted altcoins, Livepeer (LPT) is trying to bounce back, jumping by over 4.89% in the last 24 hours
Notably, LPT kicked off the day trading on the downside, visiting its daily low of $5.51. A sudden shift in momentum triggered the bulls to push the price to a high of around the $6.57 range. Moreover, a steady correction on the upside can help the price movement stay up
Meanwhile, as per CoinMarketCap data, Livepeer is currently trading at the $5.80 zone, with its market cap at $242 million. In addition, the daily trading volume of LPT has exploded by over 462%, reaching $158 million
Where is Livepeer Headed?
Assuming the bull entry, the asset could rise and test the nearby resistance at the $5.90 mark. With the sturdy bullish momentum, Livepeer might invite the golden cross to take place and likely initiate a rally, with the price heading toward its high range crossing $6 threshold
On the downside, if the bullish sentiment fades and bears take command, the price might slip to its initial support at the $5.74 zone. A failure in holding this level could trigger the Livepeer bears to the emergence of a death cross, driving the price to the former lows below $5.67.
Furthermore, the asset’s daily Relative Strength Index (RSI) is positioned at 49.50, which implies that the asset is in a neutral zone, neither overbought nor oversold. LPT’s Bull Bear Power (BBP) value of 0.034 signals a mild bullish pressure in the market, with fluctuating momentum.
Highlighted Crypto News
Will a 20% Pump and 226% Volume Boost Send PENGU to $0.020?