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.
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.