Aave

Ethereum

Uniswap

Coin

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  <ul class="news-points"> 
   <li><strong>Lido (LDO), Uniswap (UNI), and Aave (AAVE) are set for upside price breakouts.</strong></li> 
   <li><strong>All the listed coins have recently broken above long-term downward trendlines.</strong></li> 
   <li><strong>The upcoming GHO launch could increase AAVE’s adoption level and price value.</strong></li> 
  </ul> 
  <p>Ongoing developments in the <a href="https://coinedition.com/tag/defi-news/" rel="noopener noreferrer nofollow">DeFi market</a> suggest that Lido (LDO), Uniswap (UNI), and Aave (AAVE) could be set for independent upside price breakouts. Each of these coins has shown significant price actions that suggest an impending rally or are engaged in protocol developments that would improve their adoption levels.</p> 
  <h2 class="wp-block-heading" id="h-lido-ldo"><strong>Lido (LDO)</strong></h2> 
  <p>Lido is one of the most famous liquid staking protocols in the crypto industry. It is a growing ecosystem for Layer 1 Proof-of-Stake (PoS) blockchains and supports Ethereum 2.0. Lido’s native coin, LDO, consolidated from an initial surge in Q1, 2023. It dropped to $1.58 after reaching a yearly high of $3.41. However, LDO has sustained an uptrend supported by a long-term trendline spanning over one year.</p> 
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   <figure class="aligncenter size-full"> 
    <img decoding="async" width="2048" height="1046" src="https://coinedition.com/wp-content/uploads/2023/07/LDO-1.png" alt="" class="wp-image-307823" srcset="https://coinedition.com/wp-content/uploads/2023/07/LDO-1.png 2048w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-300x153.png 300w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-313x160.png 313w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-380x194.png 380w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-768x392.png 768w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-1536x785.png 1536w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-696x355.png 696w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-127x65.png 127w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-159x81.png 159w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-255x130.png 255w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-795x406.png 795w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-440x225.png 440w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-414x211.png 414w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-323x165.png 323w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-377x193.png 377w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-328x168.png 328w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-144x74.png 144w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-123x63.png 123w, https://coinedition.com/wp-content/uploads/2023/07/LDO-1-129x66.png 129w" sizes="(max-width: 2048px) 100vw, 2048px"> 
    <figcaption class="wp-element-caption"> <em>LDO/USD Weekly Chart on TradingView</em> 
    </figcaption> 
   </figure> 
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  <p>LDO has recently broken above a downward trendline on the weekly timeframe, with the possibility of achieving higher price levels. Data from <a href="https://defillama.com/protocol/lido" target="_blank" rel="noopener noreferrer nofollow">DeFiLlama</a> also …</p> 
  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ldo-uni-aave-3-defi-coins-poised-for-breakout-rallies/">LDO, UNI, AAVE: 3 DeFi Coins Poised for Breakout Rallies</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>
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LDO, UNI, AAVE: 3 DeFi Coins Poised for Breakout Rallies

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