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.
LPTUSDT
LPT/USDT Break alert!! Possible is continue upward after retest!💎 Paradisers, #LPT is indeed a coin worth monitoring closely.
💎 After successfully breaking above the resistance area of the ascending triangle and transitioning into the support region, LPT's current price action suggests bullish momentum.
💎 The price is likely to undergo a retesting phase, potentially revisiting the support zone around $16.7 - $15.9 before resuming its upward movement towards our target strong resistance area.
💎 However, if LPT fails to bounce during the retesting phase and the support proves to be weak, it could signal a bearish turn of events. In such a scenario, the ascending triangle pattern would fail, and LPT might resume its downward movement, heading towards the demand area around $14.15.
💎 Considering the historical price behavior, LPT has previously demonstrated strong bounces when reaching the demand area.
💎 But if LPT fails to bounce at the demand zone and breaks below it, along with breaching the support trendline, it would validate a bearish scenario. This would entail the bullish invalidation, indicating a continuation of the downward movement with the price potentially dipping even further.
MyCryptoParadise
iFeel the success🌴
LPT ANALYSIS🔮 #LPT Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #LPT. We are just waiting for a perfect breakout. If #LPT breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $22.560
⏳ Target Price: $43.500
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #LPT. 🚀💸
#LPT #Cryptocurrency #DYOR
#LPT/USDT#LPT
The price is moving in a bearish channel pattern on a 12-hour frame, which it adheres to perfectly. We have stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 15.30
First target 17.30
The second goal is 19.75,
the third goal is 22.31
A great opportunity on Livepeer (LPT)?Livepeer BINANCE:LPTUSDT seems to be giving us a great opportunity by retesting the top of its previous accumulation range. The Perfect Cloud (BPC) remains green, indicating that the uptrend is intact for the time being.
This retracement back to this very strong structural level is further reinforced by the Vegas Daily (blue cloud) of the Trend Identifier (BTI) !
#LPT/USDT#LPT
The price is moving in a downward channel on a 12-hour frame, which it adheres to perfectly. We have a major support area at the $11 level. We have a trend for stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 12.45
The first goal is 14.75
Second goal 19.06
Third goal 22.30
LPT looks bearishLPT seems to be forming a bearish triangle.
It seems to be at the end of wave D.
It is expected to go up a bit for wave E and then drop out of the red range.
The targets are clear on the chart.
If it reaches the red range, we will look for sell/short positions.
Closing 1 daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LPT/USDT Keep an eye on the support, potential bounce back to UP💎 LPT has recently encountered significant market dynamics, experienced rejection and forming a double-top pattern in the hourly timeframe. If this pattern holds true, there is potential for LPT to undergo a retest of the support area around 16.5.
💎 If LPT shows signs of bullish rejection at the support, such as forming bullish candle patterns, there is potential for the price to bounce and resume its upward trajectory, potentially testing the strong resistance area once again.
💎 However, if LPT fails to bounce when it reaches the support area, and even breaks down below it, it would signal bearish momentum, with the price potentially targeting the demand area.
💎 When LPT reaches the demand area, it must bounce and reclaim the area above the support at 16.5. A successful bounce would indicate a potential return to upward movement. However, failure to do so could lead to continued downward movement, with the price potentially declining further.
LPT/USDTHi Guys
LPT is looking good on weekly chart
***Breakout of falling wedge then retest***
**** RSI is too close of breaking out the trend line****
Targets on chart .
PLZ DYOR
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
🚧LPTUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
COINEX:LPTUSDT
😊 Today, I want to analyze Bitcoin for you in a Weekly time frame so that we can have a Mid-term view of LPTUSDT regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
LPT has Created a Large Rounded Bottom. This Means The Price Can Increase as Much as the Length Between The Top and The Bottom Of the Rounded Bottom. Since the rounded bottom is Not broken. The price can have a good rally after the breakout.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Rounded Bottom
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
LPT/USDT Showing A bouncing potential back to continue upward!💎 LPT has recently demonstrated significant market dynamics, currently resting on the demand area and displaying signs of a bounce in recent candle movements.
💎 This bounce suggests a potential resumption of upward momentum for LPT, with a likely scenario being a return to retest the Bearish Order Block (OB), probability representing our target area.
💎 However, should LPT break below the demand area, the next significant level to watch for is the support area around $9.35. A breach of this support level would be considered unfavorable, indicating a continuation of the downward movement for LPT.
💎 Upon reaching the support area, it is crucial for LPT to bounce back if it intends to sustain its upward trajectory. Conversely, if LPT breaks below the support level, it would confirm a bearish trend, potentially leading to further downward movement.
LPT/USDT Keep an eye! IF Breakout the resistance, PUMP is coming💎LPT has undeniably garnered significant attention in the market. Currently, it is in the process of climbing upward towards a resistance level, and coincidentally, the resistance trendline is also converging in that area.
💎 If LPT successfully breaks out of this resistance, it could trigger a substantial upward movement on the chart, probability reaching our target at the strong resistance area.
💎 Conversely, if LPT fails to break through the resistance, the price may retreat to retest the support bullish trendline. In such a scenario, the price must bounce from the support because a breakdown of the bullish trendline would indicate a shift back to a downward movement, with the support area around 5.95 as a possible target.
💎 Upon reaching the support, LPT needs to bounce from this level. To sustain the upward movement, LPT would need to reclaim the area above the support bullish trendline. Failure to do so could lead to the breakdown of the demand area, resulting in further downward movement in the price, possibly returning to the demand area or even lower.
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.
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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.
LPTUSDT(Livepeer) Daily tf Range Updated till 17-02-24LPTUSDT(Livepeer) Daily timeframe range. it had a impressive pump. touched 15.03 at round number which make sense. now btc will try to make a move if not than it will have more chances to try again at 15.03. if it cant than recent support at 10.65.
#LPT → Moving to the roof of the corner patternIn time h4, it is moving in a descending channel, which is accompanied by demand in the middle of the channel, which, while creating a corner pattern, has the ability to grow up to the specified areas, which, in case of negative reaction, has the ability to correct up to the liquidity area.
Note: If 7.8 is broken above, the scenario will be reversed.
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LPT LOOKS BULLISHIt looks like we have a big bowtie diametric on the LPT and we are now in wave E of this diametric.
It seems that the E wave is also a diamond diametric, and now we are in the E wave of this diamond diametric.
By maintaining the green range, it is expected to move towards the targets specified on the image.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
A short gain, but the second step is the most importantThis currency is placed in a triangle pattern, if it breaks and exits from this triangle and the price of 8.5 dollars breaks, we can have a safe entry for this currency. The current entry is a risk that you can enter according to the position at your own risk. Support and resistance ranges in this chart. defined
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.