Livepeer jumps over 36%, holding around the $8 mark. LPT’s daily trading volume has skyrocketed by 942%. The crypto assets are displaying mixed waves, with neutral sentiment across the market. Most of the assets are dipped in green, and a few struggle in red. Notably, Bitcoin (BTC) and Ethereum (ETH) are hovering at $110.6K and $4.5K. Following suit, Livepeer (LPT) has jumped by over 36.15% in the last 24 hours. LPT kicked off the day trading on the downside, at a low of $5.96. A sudden and steady shift in momentum pushed the bulls, and the price moved to a high range at around the $8.67 range, breaking the resistance between $5.96 and $8.67 zones. As per CoinMarketCap data, at the time of writing, Livepeer traded at the $8.13 mark, with its market cap reaching $354.78 million. In addition, the daily trading volume of LPT has exploded by over 942%, likely touching $367.2 million. What is the Next Price Move for Livepeer? If the Livepeer bulls enter, the price could climb and test the immediate resistance at $8.19. With the sustained upside correction, the asset might trigger the emergence of the golden cross and initiate a rally. The price is heading toward the $8.25 threshold. Assuming the fading of the bullish sentiment and the bears gain momentum, the price might plummet to find its nearby support at the $8.07 zone. Upon a failure in holding this price level, a death cross of Livepeer could form, sending the price below $8.01. Livepeer’s Moving Average Convergence Divergence (MACD) line is above the zero line, but the signal line is below zero, likely showing mixed momentum. This hints at the trend trying to shift upward, but it has not been fully confirmed yet. LPT chart (Source: TradingView) Besides, the Chaikin Money Flow (CMF) indicator, which evaluates the capital flow into the asset, is currently found at 0.10, pointing to mild buying pressure in the market. Also, the money is flowing into the asset, but not very strongly. Moreover, the asset’s daily Relative Strength Index (RSI) at 80.15 signals a strong overbought condition in the market. There is also a high risk of a pullback or correction. Livepeer’s Bull Bear Power (BBP) value of 2.605 implies that the bulls are currently dominant. The higher the value, the stronger the buying momentum compared to selling.