Market Overview for Livepeer/Tether (LPTUSDT) on 2025-12-31

Wednesday, Dec 31, 2025 4:56 pm ET1min read
Aime RobotAime Summary

- LPTUSDT formed a bearish engulfing pattern near $3.045, confirming a sharp reversal below key support at $2.93.

- RSI hit oversold levels (<30) and Bollinger Bands expanded post-noon ET, signaling heightened volatility and potential short-term rebound.

- Volume spiked during the $3.01–$3.045 range, validating critical support/resistance while 50-period MA crossed below 20-period MA on 5-minute charts.

- Price currently tests 61.8% Fibonacci retracement at $2.86, with bearish momentum intact unless buyers defend this level.

Summary
• Price formed a bearish engulfing pattern near $3.045, followed by a sharp reversal.
• RSI entered oversold territory below 30, suggesting potential short-term rebound.
• Volume spiked during the $3.01–$3.045 range, confirming key support/resistance.
• Bollinger Bands expanded post-noon ET, signaling increased volatility and uncertainty.
• 50-period MA on the 5-minute chart crossed below the 20-period MA, indicating bearish momentum.

Livepeer/Tether (LPTUSDT) opened at $2.927 and traded between $2.835 and $3.045 before closing at $2.864. Total volume was 558,056.11, with notional turnover of $1,649,726.28 over 24 hours.

Structure & Formations


A bearish engulfing pattern emerged around $3.045 at 20:00 ET, followed by a strong decline that broke below key support at $2.93. A doji formed near $2.931 in the evening, hinting at indecision.

Moving Averages


The 20-period and 50-period moving averages on the 5-minute chart crossed to the bearish side, reinforcing short-term downward pressure. Daily MAs suggest a more neutral stance, with price currently above the 50-period MA.

MACD & RSI


MACD turned bearish during the afternoon decline, with the line falling below the signal line. RSI reached oversold levels below 30 at the end of the session, suggesting a possible short-term rebound.

Bollinger Bands


Volatility expanded sharply after noon ET, as price moved toward the upper band and then collapsed toward the lower band, indicating a potential exhaustion of momentum.

Volume & Turnover


Trading volume spiked during the $3.01–$3.045 range, especially between 20:00 and 21:00 ET, supporting the significance of this area. Turnover confirmed the volume surges, with no notable divergences observed.

Fibonacci Retracements


The $3.01–$2.86 level represents a 61.8% Fibonacci retracement of the earlier $3.045–$2.835 swing. Price has found temporary support here, which could hold if buying pressure increases.

Livepeer/Tether may find direction based on whether buyers defend $2.86 or if sellers push lower. Short-term traders should watch for a potential bounce off oversold RSI, but bearish momentum remains strong unless a clear reversal forms.