Key Takeaways Despite periodic market fluctuations and regulatory challenges, Livepeer demonstrates resilience and a compelling value proposition, establishing itself as a frontrunner in decentralized video streaming solutions. The platform addresses scalability and cost-effectiv...
Key Takeaways
- Livepeer’s price projection suggests a peak of $29.49 by December 2024.
- Traders may anticipate a range between a minimum of $52 and a maximum of $61 by 2027.
- Looking ahead to 2030, Livepeer could potentially see a surge to $101.
Despite periodic market fluctuations and regulatory challenges, Livepeer demonstrates resilience and a compelling value proposition, establishing itself as a frontrunner in decentralized video streaming solutions. The platform addresses scalability and cost-effectiveness issues within the streaming industry, leveraging blockchain technology to enhance transparency and efficiency.
Overall, optimism pervades the Livepeer community, with stakeholders bullish on its long-term prospects and the transformative impact of its innovative approach. As Livepeer continues to expand its ecosystem and refine its offerings, questions surrounding its future price trajectory invite deeper analysis and exploration.
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Livepeer Overview
| Cryptocurrency | Livepeer |
| Token | LPT |
| Price | $13.90 |
| Market Cap | $462,450,241 |
| Trading Volume 24-h | $25,645,482 |
| Circulating Supply | 33,265,434 LPT |
| All-time High | $100.24, Nov 09, 2021 |
| All-time Low | $0.4206, Mar 13, 2020 |
| 24 High | $14.30 |
| 24 Low | $13.17 |
Livepeer price prediction: Technical analysis
| Volatility | +2.51% |
| Sentiment | Bearish |
| 50-Day SMA | $19.32 |
| 200-Day SMA | $14.86 |
| Price Prediction | $30.62 (119.91%) |
| F & G Index | 39.25 (fear) |
| Green Days | 10/30 (34%) |
| 14-Day RSI | 34.93 |
Livepeer price prediction: Bullish momentum builds as bulls aim to secure $15.0 level
TL;DR Breakdown
- The Livepeer price analysis is bullish today.
- Strong support for LPT/USD is present at $130.
- The resistance level is seen at the $145 level.
The Livepeer price analysis reveals a bullish outlook. The LPT/USD pair has found strong support at the $110 mark, with resistance observed around the $14.0 level.
The broader cryptocurrency market has exhibited a bullish sentiment over the last 24 hours, with major cryptocurrencies experiencing positive price movements. Notable players include VET and NEAR, which have recorded gains of 6.30% and 5.65%, respectively.
Livepeer price analysis 1-day chart: LPT stabilizes around $13.0 amidst rising bearish pressure
The 24-hour LPT/USD price chart shows some stability as the price falls to the $11.00 mark. The bearish pressure is strong but the current support level is a key support that has held against past bearish pushes.
The technical indicators suggest a bullish crossover as the bears get exhausted. The MACD is slightly bullish at 0.045 units, moving towards a bullish crossover. The EMAs are below the mean position, with their gradient turning positive as the price level rises. The RSI also supports this sentiment, rising to 38.79 from 30.00. The converging Bollinger Bands suggest lower volatility, indicating that the $11.00 support may hold for the week.
LPT/USD 4-hour price chart: Bearish momentum makes price fall to $11.0
The 4-hour price chart of LPT shows a sharp decline as the price fell from above the $24 mark to the $11 support. Moreover, the lack of strong support between the $24 and the $12 mark makes a quick recovery difficult.
The RSI is at 54.46 suggesting that the asset is in at the center of the neutral zone, which might indicate room for further short-term decline. However, the upwards slope suggests the asset will recover across the short-term. The MACD shows a bullish crossover with the MACD line at +0.035 showing low bullish dominance across the 4-hour charts. These indicators collectively confirm the reversing bearish trend.
Livepeer technical indicators: Levels and actions
Daily simple moving average (SMA)
| Name | Value | Action |
|---|---|---|
| SMA (10) | $13.94 | SELL |
| SMA (20) | $15.36 | SELL |
| SMA (30) | $17.33 | SELL |
| SMA (50) | $19.32 | SELL |
| SMA (100) | $17.43 | SELL |
| SMA (200) | $14.86 | SELL |
Daily exponential moving average (EMA)
| Name | Value | Action |
|---|---|---|
| EMA (10) | $13.97 | SELL |
| EMA (20) | $15.38 | SELL |
| EMA (30) | $16.39 | SELL |
| EMA (50) | $17.31 | SELL |
| EMA (100) | $17.20 | SELL |
| EMA (200) | $15.45 | SELL |
What to expect from Livepeer price analysis?
The 4-hour Livepeer price analysis chart shows a small dip in the price, which was quickly bought up by investors. This minor correction was followed by another bullish candlestick, indicating that the bulls have not given up completely. However, the low momentum suggests the lack of optimism in the markets as buyers target to just defend the $10-$12 support levels. The support level around $10 has proven to be strong during this dip, and it is likely to continue holding if there are further corrections in the near future.
Livepeer price analysis shows that the LPT price faced resistance around the $25-$26 level, causing a pullback to the $20 mark before the price action crashed sharply to the $11 mark. Since then, the price has made a steady recovery to the $14 mark before being rejected at that level.
Traders should expect Solana to continue its attempt to recover towards the $15-$16 mark. However, the price is likely to stay within the $12.5-$15.0 range for the next few days as the bulls face corrections and work to regenerate momentum. Movement below $12.0 may mean a drop back to the $11.0 mark, but further downward movement is unlikely given the current market sentiment.
Why is Livepeer Up 1.29% over the last 24 hours?
Livepeer price hit a key support level as the bears crushed support levels above the $11.0 mark. However, the $11.0 support held on and the buyers did not hesitate to buy the dip. The sharp increase of bullish pressure caused the price to return to the $13.5 level as the bulls seek to go higher.
Is Livepeer a good investment?
Will LPT Recover to $30?
LPT has the potential to recover to $30 if the broader cryptocurrency market remains favorable and Livepeer continues to see positive developments and increased adoption. Achieving this price would require significant positive momentum and support from both the market and the Livepeer community.
Will LPT Reach $50?
Reaching $50 is an ambitious goal for LPT, but it could be possible with sustained growth in usage, continued technological advancements, and a bullish sentiment in the cryptocurrency market. While challenging, this target is within reach if Livepeer achieves significant successes and the market conditions are favorable.
Will LPT Reach $100?
Attaining $100 for LPT would require widespread adoption of Livepeer’s technology, a strong rally in the cryptocurrency market, and favorable regulatory conditions. Although it is a challenging target, it is not impossible with significant achievements and broad market support. This goal represents a substantial milestone that would necessitate considerable progress and momentum.
Does LPT Have a Good Long Term Future?
Livepeer (LPT) has a promising long-term future, driven by its unique value proposition in the decentralized video streaming industry. As demand for decentralized solutions grows, Livepeer’s innovative technology and potential for scalability position it well for sustained growth. Continued development, strategic partnerships, and increased adoption of its platform could further enhance its long-term prospects, making it a compelling project in the evolving blockchain landscape.
Recent news/opinion on Livepeer
Livepeer announced the launch of its AI subnet, the first of its kind, that uses AI computing capabilities to power a decentralized video processing network.
Livepeer price prediction July 2024
| Month | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| July | 12.05 | 26.97 | 29.49 |
LPT price prediction for July 2024 is a minimum value of $151.37 with an average price of $172.14. The price could reacha maximum of $206.47 during the month.
Livepeer price prediction 2024
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2024 | 12.05 | 26.97 | 29.49 |
According to our Livepeer coin price prediction 2024, we expect a minimum price of $12.05 and an average price of $26.97. However, if Livepeer LPT’s growth trajectory persists, we predict its value could reach as high as $29.49 at its peak.
Livepeer Price Prediction 2025-2030
Livepeer LPT Price Prediction by Cryptopolitan
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2025 | 28.80 | 32.36 | 33.36 |
| 2026 | 39.48 | 43.09 | 47.99 |
| 2027 | 51.59 | 56.22 | 61.04 |
| 2028 | 51.59 | 56.22 | 61.04 |
| 2029 | 63.61 | 71.34 | 72.41 |
| 2030 | 90.33 | 97.88 | 100.03 |
Livepeer Price Prediction 2025
According to our Livepeer forecast for 2025, the minimum price of LPT will be $28.80, while the average price will be around $32.36. There is potential for significant growth in the value of Livepeer LPT during this period, with the token possibly reaching a maximum price of $33.36 by the end of 2025.
Livepeer Price Prediction 2026
According to Livepeer price prediction for 2026, we expect the minimum price of the coin to be $39.48 and an average predicted value of $43.09. We expect LPT’s price to surge to a maximum of $47.99 by 2026.
Livepeer Price Prediction 2027
Our Livepeer price prediction for 2027 is a minimum value of $51.59 with an average trading price of $56.22. Based on the Livepeer LPT price prediction for 2027, the price could reach a maximum of $61.04 during the year.
Livepeer Price Prediction 2028
Based on our Livepeer price prediction for 2028, the LPT token is anticipated to experience a bullish trend with a predicted floor price of $51.59 and an average trading value of $56.22. The highest possible price for 2028 is estimated to reach $61.04 reflecting a significant increase in the token’s valuation.
Livepeer Price Prediction 2029
Our Livepeer price prediction for 2029 suggests that the minimum price level could be $63.61. The LPT token will experience significant growth, with a maximum potential price value of $72.41 and an average projected value of $71.34.
Livepeer Price Prediction 2030
According to our Livepeer price prediction for 2030, we anticipate that the cryptocurrency’s value may drop to a low of $90.33 by year-end. However, we expect the average trading price to be $97.88 and the maximum estimated price to reach as high as $100.03.
Livepeer market price prediction: Analysts’ LPT price forecast
| Firm | 2024 | 2025 |
| Coincodex | $8.27 | $31.35 |
| Digital Coin Price | $26.97 | $32.36 |
Cryptopolitan’s Livepeer (XMR) price prediction
Cryptopolitan’s predictions show that VeChain will achieve a high of $0.0638 in the second half of 2024. In 2025, it will range between $33 and $29, with an average of $32. In 2030, it will range between $90 and $100, with an average of $98. Note the predictions are not investment advice. Seek independent professional consultation or do your research.
Livepeer historic price sentiment
- According to ICOdrops.com, The Livepeer (LPT) Initial Coin Offering (ICO) concluded on July 27, 2018. During this ICO, approximately 63% of the total supply of Livepeer tokens was made available for purchase by investors.
- Coinmarketcap lists LPT’s starting price at $5.045 In December 2018.
- It hit its all-time low price of $0.4206 in March 2020.
- In September 2019, it fell below its starting price and extended the losses until March 2021.
- The coin ran for the moon in 2021, eventually hitting its all-time high at $100.21 in November 2021.
- It later reversed from its highest price, and by the end of 2022, it had lost about 95% of its value from the ATH.
- In 2023, it kept its head below the $10 mark, recording its lowest price at $3.69
- Between January and June 2024, the price action of Livepeer (LPT) shows significant volatility.
- The price initially saw a sharp rise in early March, reaching a peak, followed by multiple fluctuations and a gradual decline.
- After peaking again around late May to early June, the price experienced another downturn.
- In July 2024, the price of Livepeer (LPT) experienced a notable decline. The price dropped from the highs of around $25 to settle around $15 by the beginning of July.