BITmarkets Team
May 22, 2026
However, with LPT approaching a key resistance zone while holding above long-term support, traders may be questioning whether the current structure represents a potential buying opportunity or whether further consolidation or downside pressure could emerge.

LPTUSD - 1 Day Time Frame
LPT is currently trading near $2.27, remaining above the psychologically important $2.00 support level, which has held consistently throughout 2026. The repeated defense of this area suggests buyers continue to view the zone as an important structural floor.
At the same time, LPT remains below the $2.40 S/R level, which has acted as a notable resistance area during the past four months. Price has struggled to establish sustained acceptance above this region, making it one of the most important levels to monitor in the near term.
A successful move above $2.40 could signal strengthening bullish momentum and potentially shift this resistance area into support. Conversely, repeated rejection may keep LPT trading within its broader consolidation range. Broader cryptocurrency market conditions, including macroeconomic developments and risk sentiment, may also continue influencing short-term price direction.
If buying pressure strengthens and LPT manages to establish acceptance above the $2.40 resistance level, the next major upside target could emerge near $4.00 — a psychologically significant resistance zone last seen in January 2026. A move toward $4.00 would represent a substantial recovery from current levels, though maintaining momentum would likely require continued improvement in market sentiment and sustained token demand.
On the downside, if selling pressure returns, LPT could continue oscillating between the $2.00 support and $2.40 resistance zones. A sustained break below $2.00 could weaken the current structure and expose lower price areas.
For now, LPT remains positioned above a key long-term support level while testing nearby resistance. Whether buyers can reclaim $2.40 may determine if the token enters a stronger recovery phase or extends its consolidation trend.
Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.