MAJOR SUPPORT OF #LDO CURRENTLY HOLDING AND WE'RE ANTICIPATING ANOTHER MARKET SHIFT FROM HERE!
This is an update of our LDO setup with the 42.67% increase!
LDO has been moving in its lows and we have yet to see any major move from this altcoin. These accumulations happening from these key levels will most likely have impulsive movements and causing the major resistance to be retraced once again.
Last month, it has retest to in between the major support and major resistance at 1.30. This retest will provide a path towards the testing the weakness of the major resistance holding its price from going higher. We are now waiting for the long opportunities for the possible rebound. As the price continues to move on top of the 1 dollar price, there will be a high chance that it will stay on top of this price and attempt to attain higher prices in its long-term prospects.
Taking a look at this price action, many buyers have already attempted this altcoin's retest and as well as resistance. The extreme buying orders from the support key levels made this took off from the initial pattern that we've highlighted. Therefore, the monthly lows of LDO caused the price to be held without breaking down further.
Stay wise, trade cautiously.