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Lido DAO (LDO) Token Price: Breaks Out of Falling Wedge Pattern with $2.70 Target
Lido DAO’s token has broken out of a falling wedge pattern, showcasing a 50% recovery from recent lows.
The price action revealed resilience when LDO experienced a pullback to $1.40, instead of continuing downward. The token staged a 50% recovery, demonstrating buying pressure at lower levels. This recovery brought attention to the next crucial price level at $2.70, which traders are closely monitoring.
Market data shows that Lido DAO currently maintains its market capitalization of 1.28 billion USD.
Source: blockonomi.com
