
LDO price is well-positioned to gain another 50% by June based on a classic bullish reversal setup after Lido DAO rebounds 40%.
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LDO price faces downside risks from “sell-the-news” sentiment coupled with a bearish technical setup.
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Several altcoins have not only out performed Bitcoin and Ethereum in the last three months, but have also posted impressive gains.
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It’s not just ETH price that stands to benefit from Ethereum’s move to proof-of-stake in September.
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LDO price is up roughly 30% over the past day, gaining approximately 500% since mid-June.
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LDO has recently witnessed a growing bearish divergence between its price and key momentum oscillator.
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