Long

LPTUSD Trading within the Buy Zone. Buy signal to $80.00.

Livepeer (LPTUSD) broke today above the 1D MA50 (blue trend-line), following a two week consolidation below it. The 1D MA200 (orange trend-line), has been the Resistance since February 12. The long-term pattern is a Channel Up and as you see the mini-phases of Higher Highs and Higher Lows are identical both within the current Channel Up and that of 2020.

With the MACD patterns also similar among the Channels, a break above the 1D MA200 should be the buy confirmation signal we need for a rise towards the $80.00 Resistance.

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