Price Position and Structural State
Livepeer (LPT) closed at 1.543 USDT on July 15, 2026, up 0.39%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 1.482 USDT, with resistance near 2.428 USDT. A daily close below 1.482 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. MA9 at 1.551 USDT stands as the first moving-average resistance area to watch. Price sits 10.82% below MA50, within its historical distance range of -52.25% to 131.93%. The moving-average structure is bearish without showing extreme downside extension.
Trading Friction and Price Efficiency
LPT shows high trading friction, with a 3-day friction score of 22.9. 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 increased +1.28% in one day but remains near the lower side of its 180-day range. This shows participation is improving from a low leverage base.
Funding is positive on the 24-hour average at +0.003275%, with the 7-day average also positive at +0.003295%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 1.87, sitting near the upper side of its 180-day range at 93.56%. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
LPT remains strongly linked to the broader crypto market (Sigloid Index), but its beta shows lower sensitivity. Correlation confirms that LPT tends to move with the index, while R² indicates that index behavior explains a meaningful share of its movement. Lower beta means price moves with less intensity than the index, not that the relationship is weak. 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 | 0.676 | 0.705 | 0.457 | Strong, lower beta |
| 60D | 0.643 | 0.705 | 0.414 | Strong, lower beta |
| 180D | 0.699 | 0.854 | 0.488 | Strong linkage |
Momentum, Volatility, and Indicator Pressure
LPT remains in a low-volatility setup. ATR% reads 4.83, close to the bottom of its full historical range, and Bollinger Band width% reads 9.82, close to the bottom of its full historical range. 20-day Volume Z-score is -0.85, so participation is not forcing a broader move yet.
MACD histogram has turned positive, while RSI is 40.33 and ROC14 is -0.19%. Short-term impulse is trying to turn first, but broader momentum and acceleration still lag.
The read is early: some pressure is improving, but the asset remains compressed. A better signal would need range expansion and stronger volume.
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 2.428 USDT establishes a bullish regime, while a daily close below 55-day support at 1.482 USDT confirms a bearish regime.