#lpt $LPT
๐ Livepeer (LPT) Price Prediction & Analysis โ June 2025 Outlook
Livepeer (LPT), the native token of the decentralized video streaming network, has recently experienced significant price movements. After surging from $5.49 to $13.80 in late May, LPT is currently consolidating around $10.08. This consolidation phase is forming a bullish flag pattern, often indicative of a continuation of the prior uptrend.
๐ Technical Analysis
๐ Support & Resistance Levels
Immediate Support: $8.00
Key Resistance: $10.00
The Relative Strength Index (RSI) is hovering around 55, suggesting room for upward movement before reaching overbought territory.
๐ Bullish Scenario
If LPT breaks above the $10.00 resistance level with strong volume, it could target the following levels:
Short-term Target: $11.50
Mid-term Target: $13.80 (previous high)
This bullish outlook is supported by the current bullish flag pattern and favorable technical indicators.
๐ Bearish Scenario
If LPT fails to hold the $8.00 support level, it may decline to:
Next Support Level: $7.50
Further Downside: $6.50
A break below these levels could indicate a shift in market sentiment and potential further declines.
๐๏ธ June 2025 Price Prediction
Scenario Price Range
Bullish $11.00 โ $13.80
Neutral $9.00 โ $10.00
Bearish $6.50 โ $8.00
โ ๏ธ Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to high market risks. Please conduct your own research (DYOR) and consult with a financial advisor before making any investment decisions.