Livepeer Technical Analysis

LPT Crypto  USD 7.22  1.08  17.59%   
As of the 24th of March, Livepeer secures the Risk Adjusted Performance of 0.0897, mean deviation of 5.13, and Downside Deviation of 5.49. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Livepeer, as well as the relationship between them. Strictly speaking, you can use this information to find out if the crypto will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Livepeer, which can be compared to its peers in the industry. Please verify Livepeer potential upside, and the relationship between the maximum drawdown and semi variance to decide if Livepeer is priced some-what accurately, providing market reflects its recent price of 7.22 per share.

Livepeer Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Livepeer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Livepeer
Livepeer's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Livepeer technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.
A focus of Livepeer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Livepeer trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Livepeer Technical Analysis

Time Period
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Livepeer volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Livepeer Trend Analysis

Use this graph to draw trend lines for Livepeer. You can use it to identify possible trend reversals for Livepeer as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Livepeer price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Livepeer Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Livepeer applied against its price change over selected period. The best fit line has a slop of   0.023826  , which means Livepeer will continue generating value for investors. It has 122 observation points and a regression sum of squares at 21.47, which is the sum of squared deviations for the predicted Livepeer price change compared to its average price change.

About Livepeer Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Livepeer on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Livepeer based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on Livepeer price pattern first instead of the macroeconomic environment surrounding Livepeer. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of Livepeer's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to Livepeer specific price patterns or momentum indicators.

Livepeer March 24, 2023 Technical Indicators

Most technical analysis of Livepeer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Livepeer from various momentum indicators to cycle indicators. When you analyze Livepeer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Correlation Analysis. For information on how to trade Livepeer Crypto Coin refer to our How to Trade Livepeer Crypto Coin guide. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for analysis

When running Livepeer price analysis, check to measure Livepeer's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Livepeer is operating at the current time. Most of Livepeer's value examination focuses on studying past and present price actions to predict the probability of Livepeer's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Livepeer's coin price. Additionally, you may evaluate how adding Livepeer to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Livepeer's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Livepeer value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Livepeer's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.