📊 Analysis and forecast for $LPT : what’s next after the rise? 🚀
As of June 4, 2025, 20:53 EEST, the rate $LPT on Binance is $10.24 with a 29% increase over the last 24 hours (according to market data). Market capitalization is $497.36M, trading volume is $79.91M, circulating supply is 37.15M tokens.
Technical analysis is contradictory. On the daily chart, the 50-day SMA is above the current price, creating resistance, while the 200-day SMA has been declining since January 2025, indicating a weak trend. RSI is below the neutral zone (30-70), indicating oversold conditions. On the 4-hour chart, the trend is bearish. Posts on X also confirm the bearish sentiment: $LPT broke support at $7.80, a pullback to $7.00-$7.50 is possible.
Fundamentally, Livepeer remains promising due to the growth in the use of the network for video transcoding and the implementation of AI Subnet. However, the market is currently bearish: Bitcoin is dominant, and altcoins are falling 10-20% daily.
Forecast: In the short term (until the end of June), LPT might drop to $7.50-$8.00 due to the current trend. By the end of 2025, a rise to $12.54 is possible (CoinCodex forecast) if the market recovers. The long-term target for 2026 is $15.00-$16.40 in a bull market.
Recommendation: Keep a stop-loss at $7.00, take profit at $12.50. Traders on X are waiting for a correction, but the long-term potential remains. Trade cautiously! #LPT #Binance #CryptoAnalysis
