Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»TRADING NEWS»Livepeer price prediction for today, May 31 – LPT technical analysis
TRADING NEWS

Livepeer price prediction for today, May 31 – LPT technical analysis

By Crypto FlexsJune 1, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Livepeer price prediction for today, May 31 – LPT technical analysis
Share
Facebook Twitter LinkedIn Pinterest Email

join us telegram A channel to stay up to date on breaking news coverage

The Livepeer price prediction is that the coin is heading north, breaking the key resistance level of $22.0 and starting a rally.

Livepeer (LPT) Coin Gains Momentum: Future Announcements for Web3 Social Media Platform

Livepeer (LPT) is experiencing another boom cycle with steep vertical price surges. LPT rose from a yearly high of $25 to $23.11 in a single price move. Limited arbitrage opportunities can result in rapid inflows and outflows of tokens. Differences in LPT pairs can be a contributing factor to increased trading activity.

Livepeer predicted statistical data:

  • Current Livepeer price – $22.98
  • Livepeer market cap – $748.9 million
  • Livepeer Circulating Supply – 32.5 million
  • Livepeer total supply – 32.5 million
  • Livepeer Coin Market Cap Ranking – 108th

LPT/USD Long-Term Trend: Range (Daily Chart)

Main level:

Resistance levels: $33, $35, $37

Support levels: $12, $10, $9

LPTUSD – daily chart

LPT/USD is experiencing a significant uptrend that is pushing the coin above its 9-day and 21-day moving averages. The coin’s current performance indicates the beginning of an upward movement within the channel. Meanwhile, if this coin starts following a positive direction, it is only a matter of time before it reaches another resistance level around the $25 level.

Livepeer Price Prediction: What to Expect from Livepeer

The Livepeer price hovered around $22.98 and reached a daily high of $23.1. The ongoing trend may move a little higher in the next positive direction and the coin may reach the nearest resistance level. However, if buyers exert more effort, LPT/USD may reach additional resistance levels of $33, $35, and $37, respectively.

Nonetheless, if the coin falls below the 9-day moving average and the 21-day moving average, a bearish pullback could send the market back to the downside and reach the initial support level of $20.8. Moreover, further bearish moves could lead to important support levels at $12, $10, and $9. Moreover, the 9-day moving average is hovering above the 21-day moving average, which could give more bullish signals to the market.

LPT/BTC Could Be Shooting North

Compared to Bitcoin, Livepeer is trading above its 9- and 21-day moving averages with the price hovering at 3398 SAT. Bulls are dominating the market with the goal of pushing the coin north. However, the daily chart shows that buyers may continue to dominate the market if the market price rises above 5000 SAT.

Livepeer price prediction for today, May 31 – LPT technical analysis
LPTBTC – Daily Chart

For reference, potential resistance levels could be located above 5200 SAT. Meanwhile, a bearish move could bring LPT/USD below the channel lower limit and reach support levels below 1600 SAT, canceling out a bullish pattern that could attract new sellers to the market.

Nonetheless, @decilizer informed his followers on X (formerly Twitter) that $LPT is emerging as a strong competitor in the cryptocurrency market. With firm support confirmed at $20, we are targeting a rise to $27.2. Hopefully, $BTC will strengthen this trend. The recent rally has already resulted in an impressive 240% increase in profits.

today $LPT It is emerging as a strong competitor in the cryptocurrency market. With support confirmed at $20, we are targeting a target of $27.2. Hopefully, $BTC We will support this trend.
Profits increased 240% in the recent rally. pic.twitter.com/r2oC5ohDZI

— Decilizer (@decilizer) May 31, 2024

LivePeer Alternative

According to the daily chart, Livepeer price is starting to rise and could potentially break above the channel if bullish pressure increases. Recently, the price has fluctuated between the 9-day moving average and the 21-day moving average and may even cross the top of the channel. Meanwhile, multichain token Dogeverse is preparing for the largest meme coin launch of the year, having raised over $15 million through a very successful presale. The project has attracted considerable attention from meme coin traders and cryptocurrency analysts, many of whom predicted that the $DOGEVERSE token could achieve gains of more than 10x in June.

Hurry and buy DOGEVERSE – the new meme coin with 100x growth potential!

Don’t miss your last chance to invest in DOGEVERSE, a meme coin with an incredible 100x potential! This is your chance to acquire a stake in a fast-rising star in the cryptocurrency world before he hits mainstream exchanges. With these promising prospects, early investors could reap significant rewards as DOGEVERSE continues to gain momentum.

You can enjoy the benefits of Dogeverse now.

Related news

Dogeverse – Multichain Meme Coin

Doji Bus Logo
  • Early access presale is live now.
  • Bridge to Solana, base, BNB chain, polygon, avalanche
  • Staking Rewards – thedogeverse.com
  • Trade with low fees
  • World’s first chain travel governor – Cosmo

Doji Bus Logo


join us telegram A channel to stay up to date on breaking news coverage

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP price prediction by reducing the volume of RLUSD (RIPPLE USD)

June 7, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025
Most Popular

According to analytics platform Santiment, these two low-priced altcoins have ‘increased breakout potential.’

July 12, 2024

Google Cloud and all scale cooperation to improve AI development through rayTurbo integration.

April 15, 2025

Singapore Police Arrest 3 for Assaulting Teen at Crypto Exchange

September 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.