$LDO lido dao Analysis

Ranked at 64th place on CoinMarketCap, Lido is a cryptocurrency that, despite negative news, remains on solid support. Lido is the leading liquid staking platform for Ethereum (ETH), and when capital starts rotating to ETH, Lido is expected to be one of the cryptocurrencies that will rise the most in this final bullish phase.

Lido has a pattern similar to #eos ; both cryptocurrencies have not been able to break the upward movement of November. Lido has been in a macro range for over 900 days and is currently at important support levels that it has not been able to break, indicating that investors are not panic selling.

LDO is a relatively new cryptocurrency in the market, which we speculate could have significant gains (I speculate a 5x return). In the coming months, Lido is expected to test the upper range levels, around the 2.3 zone.

This is my analysis; make yours and if you are afraid, use stop-loss. We will start accumulating this crypto at current levels and place 3 buy orders in case the price retests the lower levels. Remember to never spend all your liquidity, stagger entries, or use some form of DCA (Dollar-Cost Averaging).