The trend of LPT is completely bearish

LPT is in a bearish trend, moving downwards within a strong descending channel. After a significant drop towards the channel's bottom, we expect a potential move towards the top of the channel, indicating possible upward movement with strong confirmations. Read our full analysis for detailed insights.

6/20/20241 min read

LPT price chart showing a strong descending channel with a recent drop towards the bottom, indicatin
LPT price chart showing a strong descending channel with a recent drop towards the bottom, indicatin

The trend of LPT is completely bearish, and it is moving downwards. It has a strong descending channel where it was ranging, and last night, we saw a heavy drop towards the bottom. The scenario is a move towards the top of the channel, where we could potentially see upward movement with strong confirmations.