LIDO DAO Price Analysis & Prediction (Jan 11th) – Can LDO Find a Rebound as It Retraces Sharply After Tapping $2.6?

2023-1-11 10:29

At the start of the year, Lido DAO saw astonishing price growth, making it the top gainer in the past week. This week seems to be a correction phase as it drops and looks for a solid rebound level.

After a five-month decline, Lido DAO finally found support at $0.88 and consolidated around it for days before the price starts to increase. 

This increase led to a break above a resistance line, which suppressed bullish actions throughout the decline. The breakout was followed by a massive price increase of over 150% in a week.

It eventually tapped a local peak of $2.64 during last weekend’s trading before dropping due to a sharp rejection. This correction has brought the trading price near the important $1.85 support (formerly resistance) level, where the price surged through last week.

Lido DAO is likely to consolidate here for a while before it resumes an upward rally. If such a scenario fails, it may correct lower before locating a solid level for a rebound.

No doubt about the fact that this asset has activated a bullish trajectory. Although, it has cooled off a bit. We can expect a more price explosion once it initiates a buy for the next rally.

Lido DAO Key Level To Watch Out For Source: Tradingview

This currency has formed a proper W-pattern based at $0.44 in June and $0.88 in late December 2022.

If the pattern continues to play, with a rebound, the $2.3 and $2.64 resistance levels need to clear before rising to the neck at $3.1, which is a crucial breakout level for a bull run. The target from here is $5.

Meanwhile, the connecting support for a potential buyer is $1.8. If this level fails, it may navigate lower support at $1.5. Below it lies $1.3 and $1.1. A drop below the December 2022 low mentioned above will invalidate the bullish trajectory.

Key Resistance Levels: $2.3, $2.5, $3.1

Key Support Levels: $1.85, $1.5, $1.1

Spot Price: $1.9 Trend: Bullish Volatility: High

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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dao lido week rebound price phase drops

Источник: nulltx.com

dao lido → Результатов: 45


Lido Finance раздумывают о продаже 20 млн токенов Lido DAO

Lido Finance начала обсуждение предложения о продаже 20 миллионов токенов Lido DAO (LDO) и диверсификации своей казны в стейблкоины для оплаты операционных потребностей. Предложение было представлено руководителем отдела развития бизнеса Lido Finance Джейкобом Блишем, в соответствии с которым DAO должен продать 20 миллионов токенов LDO или 2% от общего количества токенов LDO частным инвесторам.

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Разработчики предложили продать 10 000 ETH из казны Lido DAO

Один из ключевых разработчиков DeFi-протокола Lido Finance внес на рассмотрение сообщества предложение о продаже 10 000 ETH (~$17,7 млн) из казны проекта на случай продолжения спада на рынке.

2022-6-7 12:27


Lido DAO Token Price Prediction 2022 – 2025 – 2030 | LDO Price Forecast

In this guide, we will voice our own and market’s opinion on LDO future while discussing the Lido DAO Token price forecast for 2022 and beyond. Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the […] The post Lido DAO Token Price Prediction 2022 – 2025 – 2030 | LDO Price Forecast appeared first on CaptainAltcoin.

2022-4-21 04:57


Фото:

a16z invests in Lido

Andreessen Horowitz is excited to invest in Lido, an effective, decentralized staking platform, according to a post on their website. According to the VC firm, Lido offers one of the easiest ways to stake ether (ETH/USD) and other PoS assets today, while striving for decentralization through the DAO’s governance.

2022-3-5 16:07


Paradigm перевела Lido 15 120 ETH в рамках соглашения о выкупе токенов проекта

Инвестиционная компания Paradigm отправила 15 120 ETH в казначейство Lido DAO в рамках предложения о выкупе 10% эмиссии токена DeFi-проекта, сообщил партнер фирмы Арджун Баладжи. .

2021-5-5 13:15


Фото:

10% токенов Lido выкупит хедж-фонд Paradigm и партнеры

Разработчики DeFi-проекта Lido DAO вынесли на рассмотрение сообщества предложение о продаже 100 млн LDO (10% эмиссии) за 21 600 ETH хедж-фонду Paradigm и его стратегическим партнерам. На момент написания размер потенциальной инвестиции превышает $43 млн.

2021-4-3 18:42


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