News Home

Livepeer (LPT) Falls 0.1%, Underperforms the Crypto Market Sunday

Sunday, February 13, 2022 12:19 PM | InvestorsObserver Analysts
Livepeer (LPT) Falls 0.1%, Underperforms the Crypto Market Sunday

Livepeer (LPT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has fallen 10.12% to $26.12.

volatility - 38
InvestorsObserver is giving Livepeer a 38 Volatility Rank. Find out what this means to you and get the rest of the rankings on Livepeer!

Moderately Volatile

InvestorsObserver gives Livepeer a moderate volatility rank of 38, placing it in the bottom 38% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. LPT's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Livepeer price is in a good position going forward. With support near $24.46 and resistance near $26.68. This leaves Livepeer with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App