LA +59.84% in 24 Hours Amid Market Rebalancing and Onchain Momentum
On SEP 6 2025, LA surged by 59.84% within 24 hours to reach $13.49. The token has posted an impressive 1134.11% rise over the past week and a 725.68% increase in the last 30 days, while still recording a 534.83% decline over the past year. The recent performance highlights a sharp reversal in investor sentiment, driven by structural market adjustments and onchain data signals.
The immediate-term ascent of LA appears to be supported by a confluence of positive technical indicators and accumulating onchain demand. Over the last seven days, key onchain metrics have shown a consistent increase in active addresses and a decline in large outflows, indicating a growing base of retail and institutional participation. This aligns with the broader narrative of market reallocation, as investors reposition portfolios following a sustained bearish phase.
Technical analysis suggests a potential continuation of the current upward trajectory, with the $13.49 level acting as a dynamic support-turned-resistance. A 14-day RSI currently stands at 68, suggesting a moderate overbought condition, while the 50-day EMA continues to cross above the 200-day EMA, reinforcing a bullish trendline. These indicators collectively point to a continuation of the recent price strength, albeit with caution warranted as the RSI nears overbought territory.
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