Market Overview: Livepeer/Tether (LPTUSDT) – 24-Hour Technical Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 24, 2025 4:54 pm ET1min read
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- LPTUSDT tested 2.87 support and 2.93 resistance, forming bullish engulfing patterns amid bearish breakdowns.

- RSI hit oversold levels below 30, but weak momentum and subdued volume above 2.90 signaled cautious buyer sentiment.

- Surging volume at 2.842 and 2.87 confirmed defensive buying, though elevated volatility and uncertain trend direction advise caution for near-term traders.

Summary
• Price action showed bearish exhaustion at 2.92–2.93 and potential bullish reversal near 2.87.
• RSI suggested oversold conditions late, but momentum remains weak.
• Volatility increased mid-cycle, with volume surging at key support levels.

Livepeer/Tether (LPTUSDT) opened at 2.93, peaked at 2.99, and bottomed at 2.842 before closing at 2.881 by 12:00 ET. Total volume was 283,564.33, and turnover reached $810,495.05.

Structure & Formations


The 24-hour period exhibited a bearish breakdown from 2.95 resistance, followed by a test of 2.87 support. A bullish engulfing pattern formed at 2.87, suggesting a potential short-covering bounce. A doji appeared at 2.90, indicating indecision after the early sell-off. Key support levels appear near 2.87 and 2.842, with resistance forming at 2.90 and 2.93.

Moving Averages



On the 5-minute chart, price tested and retested the 20- and 50-period moving averages during the mid-session rally. For daily timeframes, the 50- and 200-day moving averages appear to form a bearish alignment, with price lingering below both.

MACD & RSI


The MACD turned bearish early in the session but showed a narrowing histogram late in the 24-hour period, hinting at weakening downward momentum. RSI dropped into oversold territory below 30 late, but failed to produce a strong rebound, signaling potential buyer caution.

Bollinger Bands


Volatility increased in the afternoon, with price testing the lower band near 2.842 and bouncing upward. The expansion of the bands indicates higher uncertainty and a period of price consolidation may be forming.

Volume & Turnover

Volume surged at key support levels (e.g., 2.87, 2.842), suggesting defensive buying. Turnover confirmed these bounces, showing no divergence. However, volume remained subdued during attempted rallies above 2.90, indicating limited follow-through demand.

Fibonacci Retracements


The 5-minute swing from 2.842 to 2.99 saw price testing the 61.8% retracement at 2.93. On the daily chart, the 38.2% retracement of the recent bear leg appears to hold near 2.87, offering a potential pivot for near-term buyers.

Given the bearish breakdown, oversold RSI, and volume confirmation at support,

LPTUSDT
may test 2.842 again in the next 24 hours. However, a sustained move above 2.90 could signal a reversal, while a retest of 2.87 may attract cautious longs. Investors should remain cautious, as volatility remains elevated and trend direction is uncertain.