2.33 LPT, do you dare to take a gamble?

Grayscale quietly holding positions, AI inference fees soaring to 60%, network usage hitting a record high— but just now, RSI dropped from 37 to 25, MACD just had a death cross, and the price is still fluctuating around 2.33.

First look at the surface: sideways consolidation at low levels, seeming half dead.

In the past 7 days, up 6.5%; in 30 days, up 15.5%; market cap only $116 million, ranked 194, belonging to the “small trash” that you glance at and move on. But 24-hour trading volume is $12.75 million, turnover rate over 10%, funds are quietly entering. The candlestick chart shows: the descending wedge is nearing its end, with support at 2.18-2.25, selling pressure can no longer hold.

First thing: AI inference revenue now accounts for 60% of protocol income.

You’re not mistaken. Livepeer originally focused on decentralized video transcoding, now AI inference fees have grown 16% year-over-year each quarter, reaching $15,500, officially taking the main role. Network usage is 134 million minutes, a 72% surge compared to the previous period.

Grayscale added it to their holdings not because it will pump the price, but because it has real demand.

Second thing: On May 31, Gateway upgrade went live.

This is the biggest catalyst for LPT this year. After the upgrade, developer onboarding becomes much easier, real-time AI video—object recognition, automatic subtitles, face blurring—performance is maximized. Node operators and stakers’ earnings increase.

After May 31, it became a platform open to all AI video developers.

Third thing: a typical “bottom divergence” technical signal appears.

Price repeatedly consolidates in the 2.18-2.33 range, but RSI drops from 37 to 25—on the surface, indicating increased selling pressure, but on the daily chart, MACD histogram narrows, momentum is about to turn positive. The descending wedge + moderate volume expansion is a classic reversal pattern.

One side:

AI inference revenue accounts for 60%, network usage hits record high

Gateway upgrade on May 31, significantly lowering ecosystem entry barriers

Grayscale holdings, institutional backing

End of descending wedge, clear bottom support

One side:

In the past 24 hours, RSI dropped from 37 to 25, selling pressure remains

MACD death cross, short-term momentum turns negative

Market cap only $116 million, poor liquidity, huge volatility

Market unstable, BTC fluctuating around $80k

Key levels: 2.25-2.33, the last line of defense for bulls and bears.

Resistance above: 2.46-2.50 (wedge upper boundary) → 2.97 (previous high) → 3.29-3.65

Support below: 2.18-2.25 (strong support, channel lower boundary) → 2.11 (absolute bottom line)

Short-term traders:

Wait for a pullback to the 2.18-2.25 zone before entering, stop-loss at 2.10 (exit if broken), first target 2.46-2.50, then look for 2.97 after breakthrough.

Swing traders:

Wait for the daily close above 2.50 before entering, confirm breakout of the descending wedge, target 3.29-3.65, stop-loss at 2.30.

Long-term believers:

Buy in batches below 2.20, stake until the node to earn annualized returns. Betting on AI video DePIN becoming the main narrative in the second half of 2026, target $5-8.

LPT now is like RNDR at the end of 2023—

Everyone thought “this trash, market cap so small,” but then AI narrative exploded, shooting from $2 to $13.

You think it’s an old-school video transcoding dinosaur, but it has secretly become the infrastructure for AI video computing. #Gate广场五月交易分享 $BTC $ETH $LPT