MARKET RECAP: STRONG MAJOR SUPPORT HOLD FOR $LPT : WONDERING WHAT'S NEXT?

Taking a look at LPT's current market structure one can say that the accumulation phase has already set off for the markup phase. This is true however we're also looking at the possibility that the previously broken major resistance may be retraced back in order to capture the demands that are still waiting on those levels. Many want a discounted price and sooner or later, the market will provide it to them. If you take a closer look, there's a tendency for this altcoin to get a strong continued pullback before another markup to happen.

Stay wise, trade cautiously.

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