Has the rise or correction time come?

The Livepeer (LPT) cryptocurrency has seen a significant increase over the past 24 hours, with its price jumping by more than 10%, raising questions among investors about whether this momentum will continue today, Sunday, June 29, 2025, or if the price is heading for a corrective decline.

At the time of writing this analysis, LPT is trading at around $6.55. This rise comes as part of a positive performance over the week, with the currency gaining more than 20%.

To understand the potential forecasts for today, both sides must be considered: the scenario of continuing to rise and the scenario of decline.

Potential Upward Scenario 📈

Current sentiment seems to lean positive, supported by recent momentum and news related to linking the project to artificial intelligence (AI) and decentralized infrastructure (DePIN).

* Resistance Levels: The critical point today is the price's ability to break through the current resistance area and remain above it, which ranges between $6.60 and $6.80.

* Next Targets: If the price succeeds in surpassing this resistance with strong trading volume, it may open the door to moving towards higher levels at $7.00 and then $7.20 as the next short-term targets.

* Supporting Indicators: The Relative Strength Index (RSI) is still in a neutral zone, indicating that there may be room for further upside before reaching the "overbought" phase.