Lido DAO (LDO)
✏The price of LDO has increased by 22% in the last 24 hours, reaching $1.13, after BitGo announced support for ETH staking through the Lido protocol. BitGo has become the first U.S. custodian to support ETH staking via Lido. This strengthens confidence in the altcoin and its prospects.
📊The announcement is expected to support further growth of LDO over the weekend. The price may break the resistance level of $1.18. Strong support is indicated by the Parabolic SAR points below the price candles. It may support the altcoin's rise to $1.34, which would be a 4-month high.
