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LDO / TetherUS

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LDOUSDT trade ideas

Lido DAO's (LDO) Bullish MomentumLido DAO continues to exhibit an upward trend, having increased by 33% since October 20. Nevertheless, LDO is currently trading sideways, fluctuating between the $1.72 and $1.93 levels. If the market maintains its positive momentum, the coin may have the opportunity to retest the psychological threshold of $2 and approach the subsequent resistance level at $2.11. In the event of a correction, Lido DAO buyers might become more active within the support zone ranging from $1.72 to $1.79, or even at the $1.65 level. A drop below these levels seems unlikely at this juncture unless BTC experiences a significant decline.
Long
by DEXWireNews
LDO Buy Trade Blueprint: Seizing the Moment for Maximum Gains **Short fundamental analysis of LDO coin:** Lido DAO (LDO) is a decentralized autonomous organization (DAO) that provides liquid staking services for Ethereum. Lido allows users to stake their ETH without having to lock them up in a smart contract, and they earn staking rewards in the form of stETH, which is a liquid token that can be traded on exchanges. LDO is the governance token of Lido DAO. It is used to vote on proposals to change the protocol, and it also gives holders a share of the fees generated by Lido. **Recent news about LDO coin:** * On October 18, 2023, Lido announced that it had raised $70 million in a Series B funding round led by Paradigm. * On October 20, 2023, Lido announced that it had integrated with the Optimism Layer 2 scaling solution. This will allow Lido users to stake their ETH on Optimism and earn staking rewards at a lower cost. However, I am not a financial advisor and I cannot provide financial advice. Please do your own research before making any investment decisions.
Long
by MoonTradingForecast
1
LDO is inside a large falling patternLDO is forming a large descending triangle. After the diametric completion of the large wave D, we will have an upward movement for wave E and then the triangle will be completed and we will drop down. This is a normal E wave. The E wave may be shortened. You have to get a trigger and confirmation, but in our opinion, the structure is like this. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
5
Accumulation plan for LDOLDO, which stands for "Lido, a Delegated Proof of Stake (DPoS) staking protocol for various cryptocurrencies, including Ethereum (ETH) and Terra (LUNA). Lido aims to provide liquidity to users who stake their tokens on these blockchains. In my opinion, LDO is forming an interesting pattern, the accumulation schematic following Wyckoff method. As in chart, the yellow area would be a good place to buy LDO. So it's still soon to accumulate it. What do you think about LDO and this plan?
by evasivesteering