Price Position and Structural State
Livepeer (LPT) closed at 2.1 USDT on May 29, 2026, down 0.33%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 1.866 USDT, with resistance near 2.745 USDT. A daily close below 1.866 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
LPT is trading below all key moving averages, but the weakness is still early rather than deeply stretched. MA14 at 2.1274 USDT stands as the first moving-average resistance area to reclaim. Price sits 2.70% below MA50, within a historical range of -52.25% to 131.93%. The structure is bearish, but downside extension remains inside its normal range.
Trading Friction and Price Efficiency
LPT shows high trading friction, with a 3-day friction score of 30.4. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -7.78% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is near neutral across the 24-hour and 7-day averages, at -0.000806% and -0.005036%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 1.38, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
LPT remains strongly linked to the broader crypto market (Sigloid Index), with beta showing normal sensitivity to index movements. Correlation confirms that LPT moves closely with the index, while R² shows that index behavior explains a significant share of its movement. This means broader market direction carries meaningful weight when interpreting LPT. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.761 | 1.369 | 0.58 | Strong, high beta |
| 60D | 0.695 | 1.023 | 0.483 | Strong linkage |
| 180D | 0.717 | 0.965 | 0.514 | Strong linkage |
Momentum, Volatility, and Indicator Pressure
LPT is showing wider movement, but participation is not fully backing it. ATR% reads 6.69, near the lower side of its full historical range, while Bollinger Band width% reads 19.62, close to the bottom of its full historical range. 20-day Volume Z-score is -0.56, showing slightly below-normal participation.
Momentum is mixed. RSI is 45.83, ROC14 is -0.71%, and MACD histogram does not confirm a clean direction. Indicator pressure remains uneven.
The read is incomplete, so support, resistance, and the daily close matter more than the indicator setup.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. LPT stays closely linked to that market condition, so changes in market sentiment can still influence price behavior even when the broader trend is unclear.
Key Levels for the Next State Change
For LPT, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 2.745 USDT establishes a bullish regime, while a daily close below 55-day support at 1.866 USDT confirms a bearish regime.