Livepeer Is Likely to Continue Down
Livepeer prices are moving alongside a downtrend since October 1. The LPTUSD went into correction on October 9 nearing the resistance of the descending channel that was forming since October 6. Thus, it would be wise to consider short trades from 6.1180-6.1690, which is the resistance of the channel, to 5.6840, which is the low of October 9. The stop-loss could be set at 6.3340, the high of October 6.
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