Lido DAO (LDO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Decentralized Finance has declined 0.42% to $2.38.
InvestorsObserver is giving Lido DAO a 59 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lido DAO!
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
LDO’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Lido DAO price is in a favorable position going forward. With support around $2.33 and resistance near $2.44. This leaves Lido DAO with room to run before facing selling pressures.