Lido DAO

Coin

<ul class="news-points"> 
 <li>Lido DAO (LDO) experiences bullish momentum, eyeing a $2 resistance level.</li> 
 <li>Investors’ demand for LDO surges as market capitalization and volume rise.</li> 
 <li>Negative Fisher Transform and RSI below 50 suggest a potential downtrend for LDO.</li> 
</ul> 
In the last 24 hours, <a href="https://coinedition.com/tag/lido-dao-ldo/" rel="noopener noreferrer nofollow">Lido DAO (LDO) </a>bullish momentum has dominated the market, with prices fluctuating between $1.83 and $1.95. LDO is currently trading at $1.88 at the time of writing, indicating a relatively stable price range. 
The bullish momentum indicates strong buying pressure in the market, which could soon push the price toward the $1.95 resistance level. A break of the resistance level may cause a surge to the next resistance level at $2.00, as traders and investors may interpret it as a bullish signal to enter or increase their positions. 
However, suppose the price fails to break through the resistance level. In that case, it may enter a consolidation phase or even a pullback toward the $1.83 support level due to profit-taking and selling pressure. 
During the bull run, LDO’s market capitalization and 24-hour trading volume increased by 2.70% and 34.55%, respectively, to $ 1,651,621,840 and $ 70,294,969. This incr… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/lido-dao-ldo-bulls-outnumber-bears-is-correction-imminent/">Lido DAO (LDO) Bulls Outnumber Bears, Is Correction Imminent?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Lido DAO (LDO) Bulls Outnumber Bears, Is Correction Imminent?

Coin Edition

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