1
LDO price is stuck in a range and shows buyers’ efforts for a pullback.
2
Bulls attempted a bounce but faced rejection near $1.680.
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
We współpracy z: https://www.thecoinrepublic.com/2023/10/17/lido-dao-ldo-in-dilemma-will-ldo-surpass-100-day-ema-barrier/
