The Livepeer LPT price is currently being pumping. We don’t know the reason for the pump, but it doesn’t matter. Now the main thing is to figure out where the strong liquidity zones are, respectively, where the “strong fights” between buyers and sellers will be unleashed.
The nearest strong liquidity zone from above is in the range of $7-7.50, with an average price of $7.25. That is, the closer the LPTUSDT price approaches it, the greater the chance of a deep and sharp correction.
The correction -35-40% after a pump may take several hours to several days.
This is what happened recently with the Storjusdt price.
Below LPTUSDT price has a strong liquidity zone $4.40-5
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