Livepeer (LPT) is currently trading around $6.11, down ~2–3% in the last 24 hours, with 24h volume hovering near $52–54M and a market cap of approximately $255M . 📊 On‑Chain Surge & Whale Watch
Node-operator fees have climbed over 80% since April, fueled by increasing AI-video processing demand .
Whale wallets are quietly accumulating, recently showing significant buys from institutional-grade platforms . 🧩 Technical Snapshot Resistance zone: ~$6.70–6.80—Binance Square reports a bullish 4H breakout to +14.9%, pushing toward the $6.72 mark .
Support floor: $5.99–6.00, with next level at ~$5.50. Indicators: Mixed—neutral outlook from TradingView, but MACD & Supertrend suggest a potential shift to bullish . 🎯 Why It Matters Now 1. DePIN pioneer & AI-video leader: LPT powers decentralized, cost-effective video infrastructure—and its new “Daydream” platform is turning heads in live AI content . 2. Increased accessibility: Since June 26, LPT is available on eToro for U.S. users—boosting liquidity and mainstream interest . 3. Momentum building: Whale accumulation + technical setups + high on-chain activity signals rising interest. 🔮 Outlook & Strategy
Bull scenario: Break and hold above ~$6.80 opens targets at $7.50–8.00, with extended upside toward $10+ in a strong alt-cycle .
Bear scenario: Failure to hold current range could test dips toward $5.50–6.00 support levels.
Smart entries:
Entry zone: $6.30–6.60 (on strength above resistance)