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Livepeer

Livepeer | Elliott Wave Analysis and Key LevelsOn the 8H TF chart for LPT, we observe clear local support and resistance zones with recent pullbacks exhibiting distinct price reactions. The price is oscillating between strong resistance and support levels, forming an Elliott Wave pattern, which suggests a continuation of the uptrend in the short term. Local Support Zone: Range: $20.40 - $18.90 This level acts as a primary buying zone where the price finds support and resumes upward movement. Significant buying interest in this range helps stabilize the price and prevent further declines. Current Market Structure: LPT is currently in the correction phase of the Elliott Wave pattern. The key support and resistance levels are critical in determining the next price direction. For further upward movement, the price needs to break through the strong resistance at $26.78 - $30.00, which will require increased buying volume. Otherwise, a pullback to the support zone at $20.40 - $18.90 could signal temporary price consolidation before a potential rise. In classical Elliott Wave theory, after the completion of the fifth wave, a corrective A-B-C structure typically follows. This correction phase moves in the opposite direction of the primary trend represented by the five impulse waves. Possible Scenarios: ⚪ Scenario 1 (Correction with Low Volume): Wave C might pull the price back to the strong support level within the $20.40 - $18.90 range. This suggests the market does not exhibit aggressive selling, and buying interest remains at these levels. 🔴 Scenario 2 (Deep Correction): If Wave C occurs with increased selling volume, the price might drop below the current support zone, potentially testing lower levels, such as $16.00 - $14.00. Key Considerations: Monitor trading volumes and price reactions at support and resistance levels to confirm the completion of the fifth wave and the start of the A-B-C correction. Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR 🧠 💡
COINBASE:LPTUSD
by TeddyVizion
Livepeer (LPT)Livepeer is the first live video streaming network protocol that is fully decentralized. The platform, launched in 2017, is a video infrastructure network for live and on-demand streaming and aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions. Anyway, the LPT start was very good; a 5-waves upward rose more than 3000%. Then correction started, which were both deep and timely. After LPT broke the major downtrend line, the next upward phase started. Then, LPT went up, broke the first horizontal resistance area, reached the second one, but couldn't pass it, thus making a pullback. If LPT wants to go higher, it first has to break the second horizontal resistance area. Let's see what happens.
Long
by SaeedSalehinia
LPT: can 10x in the next few weeks? here is whyLPT looks really good because we have a falling wedge (bullish pattern) on the weekly chart and the price is currently above it. Also, we have an accumulation phase by whales. This is a really strong combo, so I recommend buying this coin. Where to take profit? We have a huge volume node, which you can see on the market profile - this is the first resistance. If the bulls are strong enough,we should see an all-time high pretty quickly. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Livepeer is a unique project because it aims to revolutionize the broadcasting industry by employing the powers of blockchain technology. The open-source platform allows users and developers to participate in the management and improvement of the platform freely. The growing capabilities of digital cameras for producing high-quality video content drive the development of the broadcasting industry, and Livepeer aims to further boost this process by allowing users to benefit from decentralized computing power and crypto-economic incentives for bootstrapping and participation. Livepeer is becoming a leading industry platform, as it allows users to participate in numerous ways. The platform offers opportunities for pay-as-you-go content consumption, auto-scaling social video services, uncensorable live journalism, and video-enabled DApps. Livepeer is transforming the live video streaming process and is on the road to becoming an industry leader. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
6
Top Gainers: Livepeer (LPT)The Livepeer (LPT) project is a network built on Ethereum and focused on building infrastructure to enable developers to make video streaming applications. Livepeer aims to lay the groundwork for decentralized video streaming, resulting in a cheaper and scalable solution on which developers can build. .................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing.
by CryptoTrend-Alerts
LPT Had a Good Run So Far| 👀🚀What's Next?💎 Paradisers, turn your focus to #LPTUSDT, as it's currently showing promising signs of an upcoming move from a key demand level. 💎 #Livepeer is on an upward course, hinting at a bullish breakout from its current demand zone. There's an anticipation of revisiting the demand level at $7.57 before progressing further upward. If #LPT can hold its ground above this level, it may open up opportunities for a rise towards the significant supply zone at $11. 💎 However, If #LPT struggles to sustain its position above the $7.57 level, a reassessment of our trading strategy might be in order. In such a scenario, we would consider a shift towards catalyzing a bullish trend from a lower bullish Order Block (OB) level at $6.34. 💎 Monitoring this level is essential, as falling below it could indicate a potential move into a significant bearish trend. 💎 Stay sharp and flexible, Paradisers. Your ParadiseTeam is dedicated to providing you with up-to-date insights and strategic guidance, ensuring you're well-prepared to navigate through these market fluctuations effectively.
Long
by MyCryptoParadise_Simon
1
LPT/USDT In the crucial zone. It required for Break to Continue!💎 LPT has undeniably made waves in the market with its significant ascent. After an initial attempt that resulted in a false breakout, LPT has now convincingly broken free from the descending channel pattern. Currently, LPT is confronted by a supply area, and overcoming this obstacle, particularly at the $7 level, is imperative to sustain its upward trajectory. A successful breach of the supply area, probability could pave the way for a smooth journey toward our targeted major supply zone. 💎 However, should LPT fail to break through the supply area and encounter strong rejection, it could lead to a downside move, with LPT revisiting the demand area at $6 to potentially gather momentum for another breakout. 💎 In a less favorable scenario, if LPT retraces to the demand area and does not exhibit a bullish candle rejection or fail to bounce, it raises the possibility of a breakdown and a loss of support. Should this scenario unfold, LPT might continue on a downward path, with the potential to return to the key support area.
by MyCryptoParadise_Nathan
3
LPT/USDT Breakout the Bullish Pennant, Pumping is coming ?? Yello Paradisers, LPT Analysis: Strong Bounce and Bullish Breakout 💎 LPT experienced a strong rejection after touching the support trendline of its Bullish Pennant pattern, only to bounce back vigorously and break out of the pattern. 💎 Notably, this support trendline also aligns with the golden Fibonacci level of 0.618, which likely contributed to the robust bounce and breakout, facilitated by high trading volume. 💎 LPT is expected to retest the now-support trendline, previously resistance, of the Bullish Pennant before continuing its upward trajectory to set new highs. 💎 Invalidation Scenario: This bullish outlook would be nullified if LPT experiences a false breakout, breaking below the support trendline of the Bullish Pennant and closing beneath it.
Long
by MyCryptoParadise_Nathan
4
Livepeer LPT price is going up, how long will it last?The Livepeer LPT price is currently being pumping. We don't know the reason for the pump, but it doesn't matter. Now the main thing is to figure out where the strong liquidity zones are, respectively, where the "strong fights" between buyers and sellers will be unleashed. The nearest strong liquidity zone from above is in the range of $7-7.50 , with an average price of $7.25. That is, the closer the LPTUSDT price approaches it, the greater the chance of a deep and sharp correction. The correction -35-40% after a pump may take several hours to several days. This is what happened recently with the Storjusdt price. Below LPTUSDT price has a strong liquidity zone $4.40-5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
48
✳️ Livepeer New AllTime Low | Massive Growth Possible 170% EasyThis Altcoin, Livepeer, is coming out of a new All-Time Low vs Bitcoin (LPTBTC). This is a great opportunity. You know what I always like to say, "Once we hit bottom, the only place left to go is up". ✔️ This bottom low is secured thanks to a very strong bullish divergence on both the MACD and RSI. ✔️ Really high buy volume and prices moving back above EMA10 today. ✔️ Finally, a MACD bullish cross. I just want to share some of these opportunities with you so you can make good profits in this coming bullish wave, the next leg-up. You might have been doing good in the past few months or maybe you made some mistakes and that's normal, it happens, we can become greedy and continue holding instead of collecting profits on the way up. The good news? Opportunities are endless and as some pairs already went through their cycles, new pairs just hit bottom and are preparing to grow. Here I show you one and many more. Easy 170% target. Low risk vs a high potential for reward. Namaste.
LLong
by AlanSantana
3
$LPT/USDT 1D (#Bybit) Descending trendline breakout & pullbackLivePeer Token is pulling back to 200MA after breaking the downtrend, a bounce towards Fib 0.786 would make sense. ⚡️⚡️ #LPT/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.8X) Amount: 6.3% Current Price: 8.515 Entry Targets: 1) 8.472 Take-Profit Targets: 1) 10.694 Stop Targets: 1) 6.987 Published By: @Zblaba Risk/Reward= 1:1.5 Expected Profit= +47.2% Possible Loss= -31.6% Estimated Gaintime= 1.5 months $LPT #LPTUSDT #LivePeer #Web3 #DeFi
Long
by TradingOn
2