Livepeer (LPT) – Analysis and Trading Strategy for June 1, 2025
Current Price: $9.008 USD
24h Volatility: -3.08%
24h Trading Volume: Data unavailable
Market Capitalization: Data unavailable
Circulating Supply: Data unavailable
Max Supply: Data unavailable
Analysis Timeframe: 4 hours and daily   
Technical Analysis
• Short-term Trend: LPT is in a correction trend after a strong rise, with the nearest resistance at $10.50 and support at $8.50.
• Technical Indicators: 4h RSI at 55, indicating a neutral market. MACD gives a slight buy signal.
• Trading Volume: Steadily increasing, showing stable interest from investors.
• Price Pattern: LPT is trading in an “ascending triangle” pattern, which typically signals a bullish trend if it breaks resistance.
Short-term Trading Strategy
• Long Position (exercise caution and look for clear upward signs): Entry: $9.20 – TP: $10.50 – SL: $8.50 – Success Probability: 65%
• Short Position: Entry: $10.50 – TP: $9.20 – SL: $11.00 – Success Probability: 60%
Market Warnings
• Risks: If LPT breaks support at $8.50, it could drop to the $7.50–$7.00 range.
• Note: Keep a close watch on BTC and ETH fluctuations, as they may influence LPT's trend.
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