📊 LAUSDT (Lagrange) Analysis
@Lagrange Official #lagrange $LA
On the daily chart $LA after testing strong support at $0.32–0.33 (purple zone), the asset bounced upwards and is holding in a sideways range 🔄. EMA7 and EMA25 are close to the price, indicating consolidation. Parabolic SAR is still above the candles → pressure persists. The nearest resistance is at $0.38–0.40, breaking above will open the way to $0.46 🚀. Losing support at $0.32 will increase the risks of dropping to $0.29–0.27 📉.
🔗 Fundamentals:
Lagrange is a Web3 project based on Zero-Knowledge Proofs (ZK), building a decentralized proof network and ZK Coprocessor. Its technologies enable:
⚡ Accelerating cross-chain interactions
🧠 Performing verifiable computations and AI inference
🔗 Working with EigenLayer for scalability and security
Thus, Lagrange enhances the efficiency and security of blockchain applications, making the project promising in the ZK and DeFi sectors.
📌 Conclusion:
The asset is at a fork — key support holding at $0.32. The fundamentals are strong, and the ZK trend continues to gain momentum. A consolidation above $0.38 will be a bullish signal. 🧐