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Price Analysis: Lido DAO (LDO) Falls More Than 6% In 24 Hours

Price Analysis: Lido DAO (LDO) Falls More Than 6% In 24 Hours

Over the past 24 hours, the price of Lido DAO (LDO) has fallen 6.33% to $3.16. 

LDO Price Chart | Source: Coinstats

 

This continues its negative trend over the past week where Lido DAO (LDO) has experienced a 19.0% loss, moving from $3.89 to its current price.

The chart below compares the price movement and volatility for Lido DAO over the past 24 hours (left) to its price movement over the past week (right). 

LDO Price and Volatility

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

See Also: Price Analysis: Arbitrum (ARB) Decreases More Than 3% Within 24 Hours

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has decreased 72.0% over the past week, while the overall circulating supply of the coin has decreased 0.61% to over 890.19 million. 

LDO Circulating Supply and Trading Volume

 

This puts its current circulating supply at an estimated 89.02% of its max supply, which is 1.00 billion. 

The current market cap ranking for LDO is #36 at $2.81 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.