LA sees a 36.66% surge in the past 24 hours as short-term momentum remains strong
On September 8, 2025, LA saw a dramatic 36.66% jump in a single day, climbing to $0.0003911. In the previous week, the token accumulated a 647.22% increase, and over the last month, it advanced by 605.98%. Despite these gains, LA has declined 2478.41% over the prior year.
Recently, LA has experienced a steep rise, driven by technical signals that suggest short-term bullish momentum. The Relative Strength Index (RSI) surged past 60 and the 50-day moving average crossed above the 200-day, both indicating a momentum shift. Furthermore, the price bounced off and held above significant support levels established during earlier corrections, lending further credibility to the ongoing uptrend.
The latest price spike for LA coincided with increased on-chain activity, notably higher transaction volumes and a reduction in the number of addresses with small balances. This trend often points to asset consolidation, typically linked to large-scale accumulation or longer-term optimistic sentiment. There was also a slight rise in the activity of large transactions, which could reflect heightened market confidence.
LA’s recent gains are part of a wider shift in capital allocation within the industry, as investors gravitate towards assets demonstrating robust performance. This 24-hour surge marks the largest short-term rally for LA in the past year, with no other daily uptick surpassing 30%. Market experts warn that if the price tests the $0.00041 resistance level, a brief correction may occur, though a decisive move above this threshold could trigger additional speculative and algorithm-driven buying.
