$LPT
Here’s a concise analysis of Livepeer (LPT) as of August 28, 2025:
📊 Price & Performance
· Current Price: ~$8.24–$8.30
· 24h Change: +10.15% to +26% (outperforming major cryptos)
· 7d Performance: Strong gains amid AI and DePIN hype.
· Key Levels:
· Support: $6.61–$7.54 (critical hold zone)
· Resistance: $9.46–$10.41 (breakout target)
📈 Technical Signals
· Sentiment: Bullish (RSI ~56–58, neutral-bullish; MACD positive).
· Breakout: Cleared 76-day resistance at $7.60.
· Volume: Surged 392–425% to $626M–$825M, confirming momentum.
⚡ Catalysts & News
· AI Integration: 55% of fees now from AI Subnet (e.g., video processing tools like Daydream).
· Exchange Listings: New Binance LPT/JPY pair boosted Asian market access.
· Staking Demand: Binance and Bitvavo offer ~30% APY, reducing liquid supply.
⚠️ Risks
· Profit-Taking: MVRV ratio (-31.17%) shows holders are still in loss, but nearing overvaluation zone at +38.61%.
· Market Dependency: Altcoin season not yet confirmed (Bitcoin dominance ~58%).
💡 Short-Term Outlook
· Bullish Scenario: Break above $10.41 could target $12–$15.
· Bearish Risk: Failure to hold $6.61 may lead to drop toward $6.00.
🚀 In Short
LPT is riding an AI-driven rally with strong technicals and volume. Break above $10.41 could accelerate gains, but watch Bitcoin dominance and profit-taking risks.
Note: Crypto is volatile. Always do your own research.