bullish

Jupiter

Lido DAO

Nexo

<ul class="wp-block-list news-points">
 <li><strong>Lido DAO ($LDO) must break $1.00 resistance to regain bullish momentum.</strong></li>
 <li><strong>Nexo ($NEXO) needs to overcome $0.98 and $1.00 to reverse its bearish trend.</strong></li>
 <li><strong>Sui ($SUI) faces strong bearish pressure as key support at $0.88 is critical.</strong></li>
</ul>
<p>Market observers believe several altcoins, including Lido DAO ($LDO), Nexo ($NEXO), Sui ($SUI), Jupiter ($JUP), and Ondo ($ONDO), could be trading below their true value.</p>
<p>Recent price action has been mixed, with some tokens showing bullish momentum while others face bearish pressure. Analyzing key price trends, support, and resistance levels on each of them can provide insights into the potential future movements of these assets.&nbsp;</p>
<h2 class="wp-block-heading" id="h-lido-dao-ldo-navigating-a-downtrend">Lido DAO (LDO): Navigating a Downtrend</h2>
<p><a href="https://coinedition.com/lido-daos-ldo-surges-over-3-in-a-day-eyes-bullish-rally-post-consolidation/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">Lido DAO</a> (LDO) has seen a notable decline recently, with its current price at $0.9862, down 2.00% over the past 24 hours. Initially opening at $1.006, LDO experienced a peak at $1.02 but failed to maintain this level. The token is now trading below the crucial $1.00 mark, suggesting weakening bullish momentum.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="512" height="230" src="https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547.png" alt="" class="wp-image-496261" srcset="https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547.png 512w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-300x135.png 300w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-380x171.png 380w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-159x71.png 159w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-440x198.png 440w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-414x186.png 414w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-326x146.png 326w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-377x169.png 377w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-123x55.png 123w, https://coinedition.com/wp-content/uploads/2024/09/unnamed-2024-09-11T150211.547-129x58.png 129w" sizes="(max-width: 512px) 100vw, 512px">
  <figcaption class="wp-element-caption">
   Source: <a href="https://coinmarketcap.com/currencies/lido-dao/" target="_blank" rel="noopener noreferrer nofollow">Coinmarketcap</a>
  </figcaption>
 </figure>
</div>
<p>Immediate support for LDO is found around $0.98. If this level holds, it could stabilize the current downtrend. However, a break be…</p>
<p>The post <a href="https://coinedition.com/key-altcoins-signal-potential-undervaluation-ldo-nexo-sui-jup-and-ondo/" rel="noopener noreferrer nofollow">Key Altcoins Signal Potential Undervaluation: LDO, NEXO, SUI, JUP, and ONDO</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Key Altcoins Signal Potential Undervaluation: LDO, NEXO, SUI, JUP, and ONDO

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