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Analyst Predicts 1,700% LDO Rally From Long-Term Support


Analyst Predicts 1,700% LDO Rally From Long-Term Support

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On August 6 analyst Crypto Patel said Lido DAO’s LDO token could recover more than 1,700% after plunging nearly 94% from its all-time high. He described the price as in a high-risk accumulation zone and warned the token’s bearish structure remains intact until it reclaims major resistance levels, signaling continued downside risk for the crypto asset.

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Analyst Crypto Patel said on August 6 that Lido DAO’s LDO token could recover more than 1,700% after falling nearly 94% from its previous all-time high.

The market watcher believes LDO is sitting in a high-risk accumulation zone but warned that the token’s bearish structure remains intact until it reclaims major resistance levels.

Read the article at CryptoPotato

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-0.66%

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In This News

Coins

$ 0.0205

-0.66%

$ 0.293

+0.06%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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