Market Overview for Livepeer/Tether (LPTUSDT) – 24-Hour Analysis (2026-01-01)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Thursday, Jan 1, 2026 4:40 pm ET1min read
Aime RobotAime Summary

- LPTUSDT surged 37.6% to $3.015, driven by a bullish engulfing pattern at key support ($2.84) and strong volume spikes.

- RSI hit overbought levels (70) by 11:00 ET, while Bollinger Bands widened, signaling heightened volatility and potential near-term consolidation.

- Price held above $2.90, with 61.8% Fibonacci ($2.97) as a short-term target, but bearish reversal candles and overbought RSI suggest caution ahead.

Summary
• Price surged 37.6% from $2.835 to $3.015 with strong momentum in late morning ET.
• Volume spiked in early morning and again after 15:00 ET, confirming bullish continuation.
• RSI reached overbought territory by 11:00 ET, hinting at possible near-term consolidation.
• Bollinger Bands widened, signaling increased volatility through the day.
• A bullish engulfing pattern formed around 06:45 ET, aligning with a key support level.

Livepeer/Tether (LPTUSDT) opened at $2.835 on 2025-12-31 at 12:00 ET and closed at $3.002 on 2026-01-01 at 12:00 ET, reaching a high of $3.015 and a low of $2.835. Total volume for the 24-hour period was approximately 152,146.18 and turnover was around $435,740.15.

Structure & Formations


The pair rallied from a key support level near $2.84, forming a strong bullish engulfing pattern around 06:45 ET that confirmed the resumption of upward momentum. A tight consolidation phase followed, with price testing resistance at $2.90 before a breakout. A large bullish candle at 11:45 ET (3.015) marked the daily peak, while a bearish reversal pattern emerged at 12:00 ET following a sharp pullback.

Technical Indicators

The 20-period and 50-period moving averages on the 5-minute chart showed a steep upward bias throughout the day, reinforcing the bullish trend. MACD remained in positive territory with expanding histogram bars, suggesting strengthening momentum. RSI hit overbought levels near 70 by 11:00 ET, indicating a potential near-term pullback. Bollinger Bands expanded as the price surged, showing heightened volatility, particularly after 10:00 ET.

Volume and Turnover


Volume surged twice during the session: once early in the morning (before 09:00 ET) and again after 15:00 ET, with the latter confirming the continuation of the uptrend. Notional turnover followed closely with volume, showing no divergence and reinforcing the strength of the move. A volume spike at 11:45 ET aligned with the daily high, indicating conviction in the bullish move.

Fibonacci Retracements

Recent 5-minute swings placed $2.93 at the 38.2% retracement level and $2.97 at 61.8%. Price held above $2.90 throughout the day, suggesting the 61.8% level is a key short-term target. On the daily chart, the 50% retracement of the prior bear move is at $2.96, which was tested and held.

The strong move above $3.00 could continue if buyers remain active, but traders should be cautious as overbought RSI and a bearish reversal candle at the peak suggest a potential pause. Volatility remains elevated, so consolidation or a pullback to $2.90–$2.93 is possible in the next 24 hours.