Will Bulls Dominate the Battle?

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Will LYV Stock Claim Three Digit Mark ($100)?

On the daily charts, LYV stock chart shows a channel breakout as it exited the channel highs of $80.  At press time, LYV stock price is trading at $85.36 with an intraday gain of 3.53% breaking out in the last trading session. Moreover, trading volume increased by 1.67% to 2.90 Million while the market cap is $19.661 Billion. Furthermore, analysts have maintained a buy rating with a yearly target price of $109.81 suggesting a growth outlook.

LYV Stock Price Prediction 2023

As the ongoing trend suggests, LYV stock will reach a maximum of $110 by 2023. RCL stock has a potential to reach the maximum of $125 by 2024.

On the contrary, LYV stock price is still trading below the supply zone of $150 and will retest the minimum of $65. In case of a correction, LYV stock will go towards the $60 mark.

LYV Stock Price Prediction 2024

On the monthly chart, LYV stock price shows a channel breakout and has surpassed the 20 day EMA barrier decisively. Furthermore, the trend is neutral and the stock is still trading below the neutral trajectory of $90.

Moreover, the price action is suggesting that LYV stock has the potential to reach the maximum of $120 followed by $130. On the other hand, if bears pushed LYV stock below the 20 day EMA support zone, it would head to $60.

LYV Stock Price Prediction 2025

On the 6 months chart, LYV stock was trading in an uptrend and has shown buying interest. Furthermore, the chart showcased the long build ups and is heading to the round mark of $100.

As the trend favors the bulls, LYV stock paused near the 20 day EMA and is showing buyers accumulation on the charts.

LYV stock will continue to stretch the gains and will try to claim the round mark of $100. LYV stock has the potential to reach the maximum of $125 followed by $140 in the next few years. However, if the stock slips below the 50 day EMA, it may drop to $50.

Summary 

LYV stock price is trading above the barrier of $80 and is heading toward the upper trajectory of $120, but buyers must surpass the immediate barrier of $100 to extend the rally. Furthermore, the price action shows long build-up and is highlighting their willingness to retain the highs.

Technical Levels

Support Levels: $80 and $75

Resistance Levels: $90 and $100

Disclaimer

The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.

Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.