Over the past six weeks, the $1.55-$1.7 former support zone of Lido was slowly flipped to a resistance region
Worryingly, th mean coin age metric took a huge hit after the rejection at $1.7. This suggested the accumulation ground to a halt as panic gripped buyersDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.dominant position
This level served as support in early November 2022, before the FTX debacle saw prices nosedive across the industry. In recent weeks LDO has tested it as support. Given the market structure and the loss of the $1.6 level to the bears, it was likely that the token would slide below $1.44 soon.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LST sector takes a hit, but Lido marches forwardIn a year marked by market volatility, the liquid staking sector has defied the odds, showing substantial growth despite challenges.
Read more »
Family care team coming to Grand Falls-Windsor clinicExplore stories from Atlantic Canada.
Read more »
IMAX's buyout proposal of China unit falls throughExplore stories from Atlantic Canada.
Read more »
New Family Care Team Established in Grand Falls-WindsorThe Department of Health and Community Services has announced the creation of a new family care team in Grand Falls-Windsor. The new family care team will be located at the Killick Clinic in Grand Falls-Windsor. It will accommodate 21 staff members including two physicians, a nurse practitioner, a physiotherapist, an occupation therapist, a psychologist, and […]
Read more »
IMAX's buyout proposal of China unit falls throughIMAX, which currently owns 71.6% of its Chinese subsidiary, had offered to buy IMAX China at HK$10 ($1.28) per share in July, a 49% premium to the 30-day...
Read more »
German industrial output falls slightly more than expected in AugustExplore stories from Atlantic Canada.
Read more »