Livepeer ($LPT/USDT) Develops Bearish Pattern Amid Market Consolidation at Critical Levels
Bearish Orderflow Setup: Livepeer ($LPT/USDT) is exhibiting a bearish orderflow setup with a liquidity target at $5.766, as trading volume has dropped 45% despite a 2.55% intraday gain, indicating weaker market conviction.
Resistance and Market Metrics: Resistance is noted near $6.15, which may limit upside potential if liquidity inflows remain low; the market capitalization has increased to $272.19 million, but the significant drop in trading volume raises concerns about sustained momentum.
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Technical Analysis for LPT
Technical Sentiment Analysis for Livepeer (LPT) As of , Livepeer (LPT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LPT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LPT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Livepeer (LPT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.035 | 1.531 | 2.043 | 2.539 | 3.051 | 3.547 | 4.059 |
| Fibonacci | 1.531 | 1.916 | 2.154 | 2.539 | 2.924 | 3.162 | 3.547 |
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