Lido Dao (LDO) In Dilemma, Will LDO Surpass 100 Day EMA Barrier?
The post Lido Dao (LDO) In Dilemma, Will LDO Surpass 100 Day EMA Barrier? appeared on BitcoinEthereumNews.com. Lido Dao token (LDO) price was in a downtrend and persisted in facing rejection from the falling trendline showed lack of bulls’ momentum. However, the bulls anyhow manages to surpass the 20 day EMA, but faces strong rejection near the 100 day EMA indicates strong grip of sellers near $1.70. Furthermore, the price action indicates that sellers have persisted in gaining traction and dominating the battle for the past sessions. LDO token price has sustained the 20 day EMA cluster and trying to absorb the selling pressure showed that buyers are attempting to regain the momentum and looking for a reversal. Moreover, the chart showcased that the crucial falling trendline is now surpassed. Moreover, LDO token has a fresh chance to register a reversal, but needs a strong momentum to surpass the 100 day EMA barrier. At press time, LDO token price is trading at $1.583 with an intraday drop of 1.03% shows bearishness on the charts. Moreover, the trading volume increased by 2.78% to $42.10 Million and the pair of LDO/BTC is at 0.0000556 BTC. However, the market cap of LDO token is $1.28 Billion. Furthermore, analysts have maintained a neutral rating and suggest growth aspects for the next sessions. Will LDO Token Surpass 100 Day EMA Barrier Above $1.70? Source: LDO Price Chart At TradingView On the daily charts, LDO token price is trading close to the support zone of $1.50 and bulls have attempted a pullback and have surpassed the 20 day EMA, but faced a strong rejection near the 100 day EMA indicating sellers grip near $1.70. Moreover, the LDO token price is above the 23.6% zone and is heading to retain the 38.2% zone. Amidst the correction, investors did not let back and have started to make fresh positions which was witnessed in the past…
The post Lido Dao (LDO) In Dilemma, Will LDO Surpass 100 Day EMA Barrier? appeared on BitcoinEthereumNews.com.
Lido Dao token (LDO) price was in a downtrend and persisted in facing rejection from the falling trendline showed lack of bulls’ momentum. However, the bulls anyhow manages to surpass the 20 day EMA, but faces strong rejection near the 100 day EMA indicates strong grip of sellers near $1.70. Furthermore, the price action indicates that sellers have persisted in gaining traction and dominating the battle for the past sessions. LDO token price has sustained the 20 day EMA cluster and trying to absorb the selling pressure showed that buyers are attempting to regain the momentum and looking for a reversal. Moreover, the chart showcased that the crucial falling trendline is now surpassed. Moreover, LDO token has a fresh chance to register a reversal, but needs a strong momentum to surpass the 100 day EMA barrier. At press time, LDO token price is trading at $1.583 with an intraday drop of 1.03% shows bearishness on the charts. Moreover, the trading volume increased by 2.78% to $42.10 Million and the pair of LDO/BTC is at 0.0000556 BTC. However, the market cap of LDO token is $1.28 Billion. Furthermore, analysts have maintained a neutral rating and suggest growth aspects for the next sessions. Will LDO Token Surpass 100 Day EMA Barrier Above $1.70? Source: LDO Price Chart At TradingView On the daily charts, LDO token price is trading close to the support zone of $1.50 and bulls have attempted a pullback and have surpassed the 20 day EMA, but faced a strong rejection near the 100 day EMA indicating sellers grip near $1.70. Moreover, the LDO token price is above the 23.6% zone and is heading to retain the 38.2% zone. Amidst the correction, investors did not let back and have started to make fresh positions which was witnessed in the past…
What's Your Reaction?
