Livepeer (LPT) is currently priced at $8.06, reflecting a modest 1.43% increase over the last 24 hours. The daily trading range has been narrow, with a high of $8.26 and a low of $7.94, indicating limited volatility in recent trading sessions.

The trading volume stands at approximately $96.7 million, which constitutes 28.96% of the market cap, suggesting a healthy level of activity in the market. The hourly moving averages indicate a bearish trend with the 8, 13, and 21 SMA all below the current price, while the 55 and 144 SMAs show a slight bullish sentiment, particularly the 144 SMA, which is up 2.32%.

The 1-hour Relative Strength Index (RSI) is at 55, indicating that LPT is nearing the overbought territory, while the 7-day RSI at 49 shows a neutral stance, suggesting no strong trend. Over the past week, LPT has appreciated by 4.36%, while the 14-day and 30-day price changes of 45.61% and 31.10% respectively indicate significant upward momentum in the medium term.

Despite the current price being significantly below its all-time high of $99.03, the recent price changes and bullish indicators on longer time frames suggest that LPT may be finding support. With a bullish sentiment observed in the longer-term SMAs and a stable trading volume, the cryptocurrency appears to be in a consolidation phase before potential upward movement.

Considering the technical indicators and recent price performance, I rate Livepeer (LPT) as a Buy. The current price presents an opportunity to enter before potential price appreciation, especially given the positive longer-term trends and the healthy trading volume supporting price action.