Lido (LDO) is gaining traction as investor sentiment improves due to Ethereum staking demand and ETF partnerships. The token's price movement suggests a potential bullish reversal, with a sustained recovery above $1.30 being a critical indicator. Lido opened at $1.2324, peaked near $2.936, and closed at $1.2561, with pivotal technical levels at $1.30 and $3.00. Analysts attribute the positive outlook to ETF-related developments and growing institutional interest in staked-ETH.
Lido (LDO) Rises on Ethereum Staking and ETF Partnerships
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