Livepeer AnalysisAn analysis for Livepeer using Fibonacci Circles
Price has settled above the orange circle, this coincides with a strong horizontal support
This orange circle will likely provide a support for the next bull move, as indicated by the arrow
Vertical lines are segmenting the bull and bear phases
Livepeer
LPTUSD Trading within the Buy Zone. Buy signal to $80.00.Livepeer (LPTUSD) broke today above the 1D MA50 (blue trend-line), following a two week consolidation below it. The 1D MA200 (orange trend-line), has been the Resistance since February 12. The long-term pattern is a Channel Up and as you see the mini-phases of Higher Highs and Higher Lows are identical both within the current Channel Up and that of 2020.
With the MACD patterns also similar among the Channels, a break above the 1D MA200 should be the buy confirmation signal we need for a rise towards the $80.00 Resistance.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
Where are the Video NFTs? A Brief History of Decentralized VideoWhile the hype in Web3 right now tend to focus on NFTs of image files, most Web2 platforms are still focused on video and livestreaming content since that's where the demand for content is at the moment. Why aren't people talking more about minting NFTs of videos in a decentralized way? The challenges, possible solution, and a brief history of attempts that came before.
🆓Livepeer (LPT) Mar-25 #LPT $LPT
LPT is ready to continue rising to the $34, $40 and $48 zones in April. We can accumulate LPT at the $26-28 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 26$ zone
🔴Buy : 28 - 26
🔴Sell : 34 - 40 - 48
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 26$ zone
🔵Sell : 26
🔵Buy : 22 - 19
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Livepeer vs Tether Goes Bullish (333.3% Potential Profits)We just looked at LPTBTC (Livepeer vs Bitcoin) - check ' Related ideas ' below - and we are now on the LPTUSDT (Livepeer vs Tether) pair, both are looking good.
This chart is very similar to the BTC pair as we can see a test of support, in this case in the form of a rising trend-line as well as a break above resistance that followed in the form of EMAs.
With LPTUSDT trading above EMA10/21/50/100/300 and MA200, we can easily this pair print a bullish jump.
If I were trading I used a stop-loss around $27, a close below this level... And then just aim all the way up.
We are aiming long at 333.3% but short-term there can be 50% if the bulls follow up.
Feel free to leave a comment with your questions.
Thanks for the continued support.
Namaste.
Livepeer vs Bitcoin Support Found (40-150% Potential Profits)These yellow triangular patterns tend to form at support/low levels, which means that a bullish jump can happen after they show up (reversal signal).
For Livepeer (LPTBTC), we see this pattern 3 times total.
In July '21, October '21 and finally January '22.
The current reversal pattern found support above MA200 (black) and has already moved back above EMA100 (blue) and EMA50 (magenta).
The doors are open for additional growth.
Here I mapped two targets.
First 40% short-term and up to 150%+ on a mid-term jump.
This is not financial advice.
Namaste.
LPT vs THETA - The Future of Video, Storage, and LivestreamingBack in 2020, YouTube's #1 Creator, PewDiePie (Felix Kjellberg), announced that he would start streaming on DLive -- one of the first "working" crypto-based livestreaming service at the time. "Working" is in quotes since the partnership didn't last very long (YouTube eventually signed an exclusive rights deal with Kjellberg) and whether or not the platform is actually decentralized and censorship resistant is somewhat debatable.
DLive later moved its platform onto TRON (under Justin Sun) -- then was later acquired by BitTorrent and now uses BTT as its currency layer. There's a whole story behind that whole series of transactions too (including the rise and fall of DTube), but we'll stay focused on the crypto livestream/video market for now.
Right now the two big contenders in the crypto livestream/video markets are Livepeer (LPT) and Theta (THETA). Both projects claim to be the future of video -- which is decentralized, ubiquitous, and always available at any time. Livepeer is an open-source platform where anyone can build anything on top -- whereas Theta (founded by former YouTube co-founder, Steven Chen) is more of an enterprise-driven project with the backing of well-known, major companies out there. The differences in style and how they talk about themselves as a project is pretty stark, to say the least.
Right now the biggest bottleneck in the NFT market is storage and bandwidth capacity -- it's no secret that we live in a world where most people come to expect video as their primary source of content, but due to technical limitations (video, especially livestreaming, requires an exponentially higher amount of bandwidth/space) a lot of NFT projects out there avoided the issue by simply scaling down to simple images of apes, punks, and rocks. Most people working in content know, however, that video is where things need to eventually go, but in order for that to happen, there needs to be major upgrades done on the backend in order to accommodate the massive amounts of bandwidth that video systems require.
Web3 is only just getting started, in other words.
Filecoin (FILE) and Theta have a similar pattern since they both tend to target enterprise-level customers as their main focus, where as STORJ has a similar pattern to LPT and ETH since they're more open-sourced and decentralized. The patterns and where the money is coming from seem to be very clear, here.
Which will win out in the end? We don't know, yet. It's doubtful that the viewer really cares about where their content is coming from or how it's hosted -- the platform that entertains them the most is probably where they will go. In a way, this is just the eternal contest between small vs big production values -- maybe there may be room for both in the future. Which platform will create the most interesting content?
$LPT/USDT 6h (#BinanceFutures) Bull pennant breakout and retestLivepeer Token regained 200MA support and looks ready for bullish continuation after that pull-back.
livepeer.org
Current Price= 46.751
Buy Entry= 46.750 - 44.510
Take Profit= 53.870 | 62.582 | 75.612
Stop Loss= 40.908
Risk/Reward= 1:1.75 | 1:3.59 | 1:6.35
Expected Profit= +36.12% | +74.30% | +131.42%
Possible Loss= -20.70%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 1 month
The future of sharing video platform, Livepeer On daily chart, LPT is in the correction wave ABC. Prepare for the final wave which target is $700.
Buying zone at 27 - 22
Seem LPT has been correcting a zigzag wave. The target is around 22 and hit the ascending channel and bounce back.
$$$$ Earn profit more 3.000%
Wait and see
Livepeer hey traders, there is LPT, we need closing above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
.
trade carefully guys and don't forget the risk management.
.
.
.
.
.
.
.
Livepeer(LPT) ready to 2x again? Technical analysis Hello. In my technical analysis, Livepeer(LPT) may be set for a 2x from 60$ to 120$.
Livepeer recently did an amazing 250% move starting from November 1 until November 9. From the peak of 101.8$ it tumbled to support at the 60-62$ support and the 0.5 Fibonacci.
After that, Livepeer has formed a triangle pattern marked by the red and green dashed lines. I believe price will break the red dashed line, for reasons:
1. Previous bull run. This triangle pattern may be a continuation pattern, just like what happened to LRC(Check my old analysis of it below). Only time will tell.
2. Healthy triangle pattern volume
3. Early RSI pattern breakout. May mean that price will follow what the RSI did.
4. RSI above 50. When RSI crosses above 50, it sometimes means a change in trend.
In my analysis, what would make this a sure breakout? These are my criteria:
1. High volume on breakout candle
2. Price breaking the 0.5 Fib(plotted from 101.8 to 61)
3. RSI touching 60/70. RSI touching 70 will make this a sure breakout.
This is my analysis for Livepeer(LPT). Thank you for reading! make sure to give constructive feedback in the comments.