Latest Livepeer (LPT) Price Analysis

Deep Dive

1. Technical Weakness (Bearish Impact)

Overview: LPT trades below its 7-day SMA ($3.97) and 30-day SMA ($4.48), signaling bearish momentum. The RSI-14 at 38.39 nears oversold territory but hasn’t triggered a reversal signal.

What this means: Sustained trading below these averages often attracts algorithmic selling and discourages new buyers. The Fibonacci retracement levels (key resistance at $4.46) suggest further downside risk if $3.64 (swing low) fails to hold.

What to watch: A daily close above $3.95 (pivot point) could signal short-term relief.

2. Market-Wide Risk-Off Sentiment (Bearish Impact)

Overview: The total crypto market cap fell 2.37% in 24h, with Bitcoin dominance rising to 58.56%. The CMC Fear & Greed Index sits at 25 (“Fear”), reflecting broad risk aversion.

What this means: In “Bitcoin Season,” capital rotates away from mid-cap alts like LPT. Derivatives data shows rising open interest (+0.92% in 24h), indicating leveraged short positioning.

3. Fading Catalyst Momentum (Bearish Impact)

Overview: While LPT surged 150% in May 2025 after Upbit and Grayscale AI Fund listings, recent price action shows exhaustion. The Biconomy trading competition (launched Nov 29) may have incentivized short-term profit-taking.

What this means: Event-driven rallies often face reversals as liquidity exits. On-chain data from earlier rallies showed exchange inflows, hinting at distribution.

Conclusion

LPT’s decline reflects technical breakdowns, a risk-off crypto climate, and profit-taking after prior catalysts. Traders should monitor Bitcoin’s stability and LPT’s ability to hold $3.64.

Key watch: Can LPT reclaim its 7-day SMA ($3.97) to invalidate the bearish structure?