Deep Dive
1. Technical Resistance (Bearish Impact)
Overview: LPT faces strong resistance near $3.03 (78.6% Fibonacci retracement of its $2.77–$3.99 range). The 200-day SMA at $5.18 looms 74% above current prices, signaling entrenched bearish structure.
What this means: Repeated failure to hold $3.0–$3.2 suggests weak buyer conviction. The MACD histogram turned positive (+0.012) but remains below the signal line, indicating fleeting momentum. With RSI at 44.87 (neutral), traders lack clear directional bias.
What to watch: A sustained break above $3.15 could target $3.52 (38.2% Fib), while losing $2.77 support risks retesting 2025 lows near $2.30.
2. Developer Activity Lags (Mixed Impact)
Overview: Santiment data (3 Jan 2026) shows Livepeer’s developer activity score of 32.5 trails Filecoin (348) and Chainlink (211). Despite this, LPT’s 15.7% price surge in early January 2026 briefly decoupled from dev metrics.
What this means: Infrastructure rivals are attracting more coding activity, potentially signaling slower protocol upgrades. However, Livepeer’s roadmap milestones (simplified SDKs by Feb 2026) could revive interest if executed well.
3. Post-Delisting Liquidity Strain (Bearish Impact)
Overview: KuCoin’s December 2025 delisting of LPT margin trading erased a key leverage channel. Daily volume fell 12.75% to $18M, while turnover ratio (volume/market cap) sits at 0.124 – below top 100 coin averages.
What this means: Reduced access to leveraged longs likely amplified selling pressure. Derivatives data shows perpetual funding rates at -0.0026% for alts vs BTC, reflecting bearish sentiment toward smaller caps like LPT.
Conclusion
Livepeer’s decline reflects technical headwinds, cautious developer engagement, and thinner liquidity post-KuCoin delisting. While upcoming gateway upgrades (May 2026) and capital management reforms (Feb 2026) offer long-term potential, short-term sentiment remains tied to Bitcoin’s dominance (58.75%) and altcoin rotation trends.
Key watch: Can LPT hold $2.77 support ahead of the Feb 2026 SDK/capital policy updates?