LIVEPEER - LPT/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	LPTUSDT
ISIN:

LIVEPEER - LPT/USDT - Daily - Technical analysis published on 12/20/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 9.12 USDT

My targets

10.78 USDT (+3.65%)

21.98 USDT (+111.35%)

My analysis

The bullish trend is currently very strong on LIVEPEER - LPT/USDT. As long as the price remains above the support at 9.12 USDT, you could try to benefit from the boom. The first bullish objective is located at 10.78 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21.98 USDT as an objective. Crossing it would then enable buyers to target 44.36 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

LIVEPEER - LPT/USDT rating 10.40 USDT. On the day, this instrument gained +33.16% with the lowest point at 7.73 USDT and the highest point at 10.47 USDT. The deviation from the price is +34.54% for the low point and -0.67% for the high point.

7.73

10.47

10.40

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of LIVEPEER - LPT/USDT in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

White marubozu

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.01	7.41	7.89	10.40	10.78	21.98	44.36
Change (%)	-32.60%	-28.75%	-24.13%	-	+3.65%	+111.35%	+326.54%
Change	-3.39	-2.99	-2.51	-	+0.38	+11.58	+33.96
Level	Intermediate	Intermediate	Major	-	Minor	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.41	6.76	7.28	7.63	8.15	8.50	9.02
Camarilla	7.57	7.65	7.73	7.81	7.89	7.97	8.05
Woodie	6.51	6.80	7.38	7.67	8.25	8.54	9.12
Fibonacci	6.76	7.09	7.29	7.63	7.96	8.16	8.50

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.26	5.12	6.36	7.22	8.46	9.32	10.56
Camarilla	7.03	7.23	7.42	7.61	7.80	8.00	8.19
Woodie	4.46	5.22	6.56	7.32	8.66	9.42	10.76
Fibonacci	5.12	5.92	6.41	7.22	8.02	8.51	9.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.96	4.96	5.68	6.68	7.40	8.40	9.12
Camarilla	5.92	6.08	6.23	6.39	6.55	6.71	6.86
Woodie	3.81	4.89	5.53	6.61	7.25	8.33	8.97
Fibonacci	4.96	5.62	6.03	6.68	7.34	7.75	8.40

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	74.08
MACD (12,26,9):	0.4800
Directional Movement:	31.78
AROON (14):	50.00
DEMA (21):	7.81
Parabolic SAR (0,02-0,02-0,2):	6.32
Elder Ray (13):	1.50
Super Trend (3,10):	6.31
Zig ZAG (10):	10.31
VORTEX (21):	1.1100
Stochastique (14,3,5):	72.21
TEMA (21):	8.22
Williams %R (14):	-2.69
Chande Momentum Oscillator (20):	3.30
Repulse (5,40,3):	37.5600
ROCnROLL:	1
TRIX (15,9):	0.3700
Courbe Coppock:	37.80

MA7:	7.84
MA20:	7.03
MA50:	6.83
MA100:	6.35
MAexp7:	8.13
MAexp20:	7.30
MAexp50:	6.85
MAexp100:	6.51
Price / MA7:	+32.65%
Price / MA20:	+47.94%
Price / MA50:	+52.27%
Price / MA100:	+63.78%
Price / MAexp7:	+27.92%
Price / MAexp20:	+42.47%
Price / MAexp50:	+51.82%
Price / MAexp100:	+59.75%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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