CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

LDO Price Prediction: 11% Selloff Pins Token at Bollinger Floor as Futures OI Surges 20%

Blockchain.News logo

Published on

Add as a preferred source on Google
LDO Price Prediction: 11% Selloff Pins Token at Bollinger Floor as Futures OI Surges 20%

Lido DAO's token dropped 10.82% on October 30 to $0.33, landing precisely at the Bollinger Band lower boundary on Binance spot data, while Binance futures open interest expanded 19.80% in the same ...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

LDO shed 10.82% across the 24-hour session recorded on Binance spot, printing an intraday low of $0.31 before settling at $0.33 at time of writing. The full session range of $0.31–$0.38 spans roughly four times the asset's 14-period ATR of $0.03, marking this as a significantly outsized directional move relative to recent baseline volatility. The 24-hour spot volume on Binance reached $7.22 million.

The price now sits at the Bollinger Band lower boundary of $0.33, derived from a 20-day middle band (SMA 20) of $0.39, upper band of $0.44 and lower band of $0.33, all sourced from Binance spot daily data. The %B reading of -0.056 confirms that the close did not merely test the lower band — it closed marginally through it. That distinction matters: a %B below zero describes a breach of the statistical envelope, not a bounce off it.

Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.

The moving average stack is uniformly bearish relative to current price. 39 — all above spot. 35, which now represents the nearest overhead reference rather than a support floor. A sustained close back above the SMA 200 would be the minimum structural repair; until then, every supplied MA reads as resistance, not context for recovery.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.