Lido DAO (LDO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Decentralized Finance has lost 5.94% to $1.56.
InvestorsObserver is giving Lido DAO a 42 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lido DAO!
Moderately Volatile
InvestorsObserver gives Lido DAO a moderate volatility rank of 42, placing it in the bottom 42% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. LDO's moderate volatility reading is coupled 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 favorably positioned going forward. With support around $1.49 and resistance around $1.58. This leaves Lido DAO with room to run before facing selling pressures.