Lido DAO (LDO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Decentralized Finance has increased 2.84% to $2.1.
InvestorsObserver is giving Lido DAO a 53 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lido DAO!
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
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 good position going forward. With support at $1.97 and resistance around $2.15. This leaves Lido DAO with room to run before facing selling pressures.
