In the last 24 hours, the price of Lagrange ($LA ) has risen by 0.71% and reached $0.335, despite a weekly decline of 5.78% and a drop of 36.88% over 90 days. Key factors influencing the dynamics:
Speculations on a buyback - On July 14, the Fund announced possible buybacks of LA tokens to stabilize the price
Attention to security - On August 1, the project made the list of new cryptocurrencies with a high level of security (CertiK Skynet rating: 86.28/A)
Technical rebound - the RSI indicator shows oversold conditions (40-43), support at $0.33
The slight rebound of $LA is related to expectations of a buyback and a reduction in oversold conditions; however, macroeconomic risks remain. Key support is in the $0.327–$0.33 range.#la #lagrange @Lagrange Official