According to data from the crypto market tracking website CoinMarketCap, the price of LDO has soared 44.49% in the past 24 hours to $2.12. The LDO price last day was a high of $2.14 and a low of $1.48.
Regarding the two crypto market leaders, BTC (BTC) and Ether (ETH), LDO prices are up 31.78% and 26.84% respectively, as at the time of writing, one, LDO is worth approximately 0.00009175BTC and 0.001294ETH .
The 24-hour trading volume of LDO also soared by 343.92%, and the total daily trading volume reached 207, 236, and 058 US dollars.
The price on the LDO 4-hour chart confidently broke through the resistance at $1.916 and rose to the current level. $50. The move started after the EMA failed to break above the 20EMA, as LDO price rose above the two lines for early signs of movement.
After breaking through the 2 EMAs, a hyperbola moves upwards, and multiple green 4-hour candlesticks appear.
The MACD line echoes the sharp rise in the price of LDO due to the sharp rise in price. In the past day, the histogram of MACD has picked up significantly. The MACD line is above the MACD power line.
