Category: AI

Artificial intelligence, or AI for short, is a type of technological advancement that aims to work like the human brain, autonomously completing functions. As a computer science, artificial intelligence technology has been a developing field of study since the 1950s. As for its use cases, AI examples include voice recognition services, self-driving cars, chatbots and more. Machine learning falls under the umbrella of artificial intelligence, representing AI that can make adjustments on its own. What’s the latest in AI? Cryptoonaut covers the latest AI news and trends as it explores topics related to the future of money. Readers can find artificial intelligence news on the latest artificial intelligence technologies, the future of AI and more under Cryptoonaut’s artificial intelligence tag.

Donald Trump’s actions show a man fighting to lose, not win the election

DonaldTrumpisnotactinglikeamanseriousaboutwinningthispresidentialelection.Hiskeyproposal(universaltariffs)iswildlyunpopularwithvoters. AnNBCNewspollrevealedthat44%ofvotersarelesslikelytobackacandidatewhosupportstariffsofupto20%onimports.Only35%saidtheywouldbemorelikelytosupportsuchacandidate,and19%saiditwouldn’tmatter.Thisisnotawinningstrategy. Despitethebacklash,Trumpisdiggingin.Hislogic?PushtariffssohighthatcompanieshavenochoicebuttorelocatetotheUnitedStates.Inarecentinterview,Trumpexplainedthat: “Thehigherthetariff,themorelikelyitisthatthecompanywillcomeintotheUnitedStatesandbuildafactoryintheUnitedStates,soitdoesn’thavetopaythetariff.” He’sfloateda20%tariffonallimportsanda60%tariffonChinesegoods,bettingthatthiswillforcejobcreationandmakeAmericarichagain. Trump’sfacesejectionfromallsides Theproblem?Economists,voters,andevensomemembersofhisownpartyarecallingtheideareckless.ExpertswarnthattariffshurtAmericanbusinessesfirst. Importerswillpaythetariff,andthosecostswillgetpassedontoconsumers.Moreexpensivegoodsmeanhigherinflation—justasinflationintheU.S.hadstartedtoease. Withinflationataround5.5%year-on-yearinOctober2024,someeconomistsfearthattariffscouldpushinflationbeyond7%. RepublicanSenateMinorityLeaderMitchMcConnellsaidinSeptember,“I’mnotafanoftariffs.TheyraisepricesforAmericanconsumers.” KamalaHarris,Trump’sDemocraticopponent,jumpedontheissue,callinghistariffproposalthe“Trumpsalestax.” TheBidenadministrationhaskeptsomeTrump-eratariffsbutclaimsitsapproachismorecalculated.TreasurySecretaryJanetYellenemphasizedthattheirtariffsaretargetedatstrategicsectors. Shealsosaidthatagroupofeconomistsoverwhelminglybelievebroadtariffswouldharmtheeconomy.TheBiden-HarriscampinsiststheyareprotectingAmericanindustrieswithouthurtingconsumers. ElonMusk,Bitcoin,andTrump’stariffs AsTrumpbattlesbacklashovertariffs,he’sgotastrongsupporterinElonMusk,whohasbeenpushingapetitiontoenticeswingstatevotersforhim. AtaneventinPennsylvania,Muskpromised$1millionadaytoasignerofhispetitiontogetvotersmotivated.Naturally,thishasgottenbothmenatonofbacklashoverthepastcoupleofdays. ForBitcoin,Trump’stariffplanmightbebothathreatandanopportunity.Ifhispoliciesspikeinflation,itcouldgetaboost. Historically,Bitcoinisviewedasahedgeagainstinflation.DuringTrump’sfirstterm,histariffsonChinacontributedtopricehikesacrossvarioussectors,andanalystsexpectarepeatperformance. SomeanalystsbelieveBitcoincouldhit$150,000ifinflationjumps.Still,volatilitywillbeamajorconcern.Politicaleventslikedebatesandelectionshavemadepricesswingwildlythisyear. ShouldTrumpwin,theannouncementofnewtariffscouldtriggeranothershort-termsell-off.Butinthelongrun,BitcoinmightthriveundertheinflationarypressuresthatTrump’stariffswouldunleash. cryptopolitan.com

Ethereum in accumulation addresses double since January 2024: CryptoQuant

AsignificantamountofEthereumisbeingheldbyentitiesnotactivelyspendingormovingtheirfunds. AccordingtothelatestCryptoQuantdata,thetotalnumberofEthereum(ETH)inaccumulationaddressessurpassed19million. AsofOct.18,thetotalamountofEthereuminaccumulationaddressesalmostdoubledincomparisontoJanuary2024. Duringthefirstmonthof2024,thismetricstoodat11.5million.Atleastoneanalystbelievesthatthisnumberwillsurpass20millionbytheendoftheyear. Why?EthereumETFapproval “Inearly2024,EthereumSpotETFswereofficiallyapproved,markinganewera.Regulationsboostedconfidence,makingEthereummainstream,”theanalyststated. TheCryptoQuantanalysthighlightedthatsincetheSecuritiesandExchangeCommissionapprovedspotEthereumexchange-tradedfunds(ETFs),Ethereumexpandedtoinstitutionsandindividualsalike. Aspertheanalysis,it’salsoexpectedthatbytheendof2024,whentheaddressholdingshit20millionETH,thevalueoftheaccumulationaddresseswillbeasbigasthatoftheworld’slargestcompanies. Theanalystalsoexpectsthetotalvalueoftheseholdingstohit$80billion,withEthereumpricedataround$4,000. 71%ofEthereumholdersinprofit AccordingtothelatestdatafromIntoTheBlock,71%oftheEthereumholdersarecurrentlyinprofit. Thedataalsoshowsthat29%oftheholdersareinloss,withroughly1%inneutral. Source:IntoTheBlock AcloserlookattheETHholderscompositionshowsthatover74%oftheholdershaveheldtheircoinsforoverayear. About23%oftheholdershaveheldtheirETHforthedurationof1to12months.Only3%oftheholdershavehelditforlessthan1month. TheEthereumpricehassurgedbyover2%inthelast24hours.It’salsoupbyover10%inthelastsevendaysandreclaimedthe$2,700levelatpresstime. crypto.news

Watch Out: There Are Many Economic Developments and Altcoin Events in the New Week – Here is the List to Follow

Therehasbeenasignificantriseinthecryptocurrencymarketoverthepastweek,withBitcoinpricesincreasingbyalmost10%. Asofthelatest,theBTCpriceistradingaround$68,529,justbelowthepsychological$70,000mark. However,therearemanyeconomicdevelopmentsthatwillaffectthecryptocurrencymarketinthenewweek,andinaddition,therewillbevariouseventsinaltcoins. Hereisthetokenunlockcalendarthatwe,asBitcoinsistemi.com,havepreparedspeciallyforyou. (AlltimesarestatedasUTC+3Türkiyetime. Monday,October21 ATOM–CosmoverseEvent SIFMAAnnualMeeting–SECChairmanGaryGenslerwilldeliverremarksattheSIFMAAnnualMeetinginNewYorkandparticipateinaone-on-onediscussionwithSIFMAPresidentandCEOKennethBentsen. 20:00–FOMCmemberKashkariwillspeak. Tuesday,October22 RealWorldAssets(RWA)Summit 17:00–FOMCmemberHarkerwillspeak. WednesdayOctober23 ADA–CardanoSummit 21:00–FED\'sBeigeBookdocumentwillbepublished. Thursday,October24 15:30–USInitialJoblessClaims(Expected:243k,Previous:241k) Sunday,October27 Money20/20FintechEvent *Thisisnotinvestmentadvice. en.bitcoinsistemi.com

DYDX Price Jumps 30%, Ranks Among Top-Performing Altcoins Today

OnOctober19DYDXpricewas$0.96.However,inthelast24hours,thenativetokenofthedecentralizedprotocolhasjumpedby30%. Asaresult,DYDXisoneofthebest-performingaltcoinstoday,onlybehindApeCoin(APE)outofthetop100.Whyisthishappening,andwhatisnextforthetoken? dYdXVolumeRisesAheadofMajorEvent Asofthiswriting,DYDX’spriceis$1.22.Thisiscomingaheadoftheproject’sconference,whichisscheduledtostarttomorrow,October21,inDubai,suggestingthatthebroadermarketisenthusiasticabouttheupcomingevent. Besidesthis,thealtcoin’svolumehassurgedto$210.53million.Volumeisakeyindicatorasitmeasurestherelativeimportanceofamarketmove.Apricemovewithahighvolumeisconsideredmoresignificant,whileamovewithalowervolumeisgenerallyviewedaslessimpactful. ForDYDX,thesurgeinvolumecouldbelinkedtotheconferenceandtheproject’slaunchoftheTrumpElectionPerpetualTradingMarket.Forcontext,thedecentralizedplatformallowsuserstoleveragepositionsinaperpetualtradingmarketlinkedtoelectionoutcomes. Readmore:UnderstandingdYdX:AGuidetotheDecentralizedPerpetualExchange DYDXVolume.Source:Santiment Ifthevolumecontinuestoincreasewiththeprice,thenDYDX’svaluemightcontinueitsupwardtrend.Ifnot,thepriceincreasewillslowdown. Furthermore,thisdevelopmenthasalsoaffectedsocialdominance,whichtracksthelevelofdiscussionsurroundingthetoken.Whensocialdominancerisesalongwiththeprice,itcansignalgrowingdemandforthetoken. Conversely,adropinsocialdominanceindicatesthatdiscussionsaroundDYDXhavesurpassedthoseofothertop100cryptocurrencies.Giventhecurrenttrend,thealtcoincouldclimbabove$1.22inthecomingdays. DYDXSocialDominance.Source:Santiment DYDXPricePrediction:HigherHighsNext Alookatthe4-hourDYDX/USDchartrevealsthattheAwesomeOscillator(AO),whichwaspreviouslyinthenegative,hasnowshiftedtothepositivezone,signalingbullishmomentumforthetoken. ThismomentumenabledDYDX’spricetobounceoffits$0.94supportlevel.TheChaikinMoneyFlow(CMF)hasalsoshownanupwardtrend,indicatingthataccumulationaroundthealtcoinisincreasing.Ifbuyingpressurecontinuestorise,DYDXcouldpotentiallyclimbtothepeakofthewickat$1.35. Readmore:Top11DeFiProtocolsToKeepanEyeonin2024 DYDXPriceAnalysis.Source:TradingView However,thetoken’svaluemightdropifdistributionoutpacesaccumulation.Intheshortterm,thiscouldcausethecryptocurrency’svaluetohit$0.94. beincrypto.com

TON Leads Top 10 Blockchains by YoY Growth as Transactions Surge

Asperthelatestdata,prominentblockchainsaredemonstratingremarkablegrowthintheYoYtransactionvolumegeneratingstrongcompetition.AccordingtothereportfromSwapspace,thetransactiongrowth(YoY)foreachofthetop10blockchainsshowsthatTheOpenNetwork(TON)isatthetopofthelist,governinganincredible2492%changeinthetransactionvolume.TON,whichhasnowmade241milliontransactions,istheleadingblockchain. 📊Top10BlockchainsbyTransactionGrowth 1.TON+2,492%2.NEAR+997%3.Injective+261%4.Axelar+181%5.Avalanche+145% 📍It\'snotsurprisingtoseesomelesspopularblockchainsonthelist,asthechartreflectsYoYgrowth–comparingoneyear’sperformancetothe…pic.twitter.com/8IxpfHZdxc —SwapSpace(@SwapSpaceCo)October20,2024 NEARandInjectiveShowSignificantIncreasesFollowingTON FollowingTON,theNEARblockchainhasseenanotablerise,withYoYtransactiongrowthreaching997%.ThisincreasehasbeendrivenbygrowingadoptionandintegrationswithintheNEARecosystem,pushingitstotaltransactionsto1.8billion.Meanwhile,Injectivehasexperiencedasignificantincreaseof261%,continuingtogainmomentumwithinthedecentralizedfinancecommunity.Injective’stotaltransactionshavereached644millionoverthepastyear. AxelarandAvalancheClosetheTopFive AxelarandAvalancheroundoutthetopfiveblockchainsforYoYtransactiongrowth.Axelar,withanincreaseof181%,hascapitalizedonthedemandforcross-chaincommunication,resultingin1.5milliontransactions.Similarly,Avalanche,whichhasgrownby145%,continuestoattractattentionforitsfastandscalablesmartcontractcapabilities.Avalanchehasseen218milliontransactions,cementingitsplaceasakeyplayer. AlsoonthelistareStacks,Polkadot,Gnosis,Celo,andArbitrum,eachexperiencingtransactiongrowthof140%,136%,127%,119%,and116%,respectively.Whilelessprominentintheheadlines,theseblockchainshavesteadilyincreasedtheirtransactionvolumes,reflectingthebroaderindustrytrendofdiversificationbeyondthelargestplatforms. blockchainreporter.net

Why $2.8K is the Key Price Level for Ethereum’s Next Rally

Ethereumneedstobreakthe$2.8Kleveltoexititscurrentchoppytradingrangeandstartabullishtrend. Reclaimingthe$2.8KpricelevelcouldpushEthereumaboveits200-dayMA/EMA,signalingstrongerupwardmomentum. UntilEthereumclears$2.8K,traderscanexpectcontinuedvolatilityandsidewaysmarketconditions. Ethereum(ETH)tradersarecloselymonitoringapotentialpricebreakoutasthedigitalassethoversnearsignificanttechnicallevels.Atthemoment,Ethereumisstillinasidewaysmovement,whichmeansthatvalueswingsshouldcontinueuntilthereisacleanbreakabove$2,800.MostanalystsbelievethatETH/BTCispoisedtostartitsnextbullphasegivenacloseabove$2800,preferably$3000.The$2,800areaisanimportantresistancelevelforEthereumasasortofpricerangehighthat,ifbreached,canpushthepricefurtherup. Therealfunfor$ETHstartswhenittradesbackabove$2.8Kandpreferablyeven$3K. Atthatpointwe\'veseenamassiveflush,longsidewayschopandretakeofthepreviousrange. ItwouldalsoretaketheDaily200MA/EMAatthatpoint. Untilthen,it\'sgoingtobechoppy.pic.twitter.com/p3Pmd4jxX1 —DaanCryptoTrades(@DaanCrypto)October20,2024 Currently,Ethereumissituatedina‘chop’zonewhichisjustthesidewaysmarketzoneaccordingtothedifferentanalystsavailable.ThiszoneisnormallycharacterizedbylowswingsandabsenceofcertainpricedirectionalityasEthereumoscillatesbetweenrangelowandhigh.Untilnow,ethereumhasstayedwithinthisrangeandtradersanticipateananticipatedmoreoscillationmovementbeforethereisabreakout. AnIncreaseAbove$2.8KIndicatesaChange Gettingabove$2,800wouldnotonlyshifttheEthereumpriceoutofthecurrentrangebutwouldalsolikelyleadtotheassetregaining200-MAandEMA.Takingbacktheseprimarytechnologicalmetricswouldsignifymorerobustupwardmovementandpropelpricesover$3,000.ThesamemoveforEthereummightmeanthereversalfromanowstagnantrangeforthecryptocurrencyandthestartofalargeradvancement. Thus,whiletradersstillhopeforabreakoutbeyondtheselevelsinEthereum,wecouldnotethattheoverallmarketsituationwillremainquiteconsolidatedandpossesshighlevelsofvolatility.Thus,fornow,tradersofETHmayhavetoholdtheirhorsesbecausewell,itseemsthattheassetcanmoveupordownsignificantly.Investorswillremainfocusedat$2,800becauseitdefinesthenextmovementofEthereum’sprice. cryptonewsland.com

The ApeCoin Explosion: APE Price Surge Nears 100% In 1 Day

ApeCoin(APE)ismakingheadlinesforitsextraordinarypricesurge.Inthepast24hours,APE’spricehasincreasedbyover85%nearinga100%pricesurge,drivenbyaseriesofdevelopmentsthathaveredefineditsecosystem.SowhatfueledthisAPEpricesurge? ByTradingView-APEUSD_2024-10-20(5D) ApeCoinNewDevelopmentsFuelAPEPriceSurge 1-ApeCoinBecomestheNativeGasTokenofApeChain ApeCoin’stransitiontoApeChainisoneofthedrivingfactorsbehindAPEpricesurge.WithAPEnowservingasthenativegastokenforApeChain,thetokenisbeingusedfortransactionfeeswithinthenetwork.ThisshiftreducesdependencyonEthereumandlowerstransactioncosts,whichbenefitsuserswithintheYugaLabsecosystem. APEalsoretainsitskeyrolesinApeCoinDAOgovernance,whereholdersvoteonecosystemdevelopments,andasapaymentmethodforYugaLabstitlesandreal-lifepurchases.TheseexpandedusecaseshavesignificantlyboosteddemandforAPE,contributingtoitsrecentpricesurge. 2-OmnichainFungibleToken:ExpandingInteroperability WiththeApeCoinadoptionofLayerZeroOmnichainFungibleToken(OFT)standard,APEcannowbeseamlesslytransferredacrossblockchains,includingApeChain,Ethereum,andArbitrum.ThisincreasedinteroperabilityiscrucialinattractingmoreuserstoApeChainwhilemakingAPEmoreversatile. ThisnewfoundabilitytoeasilymoveAPEacrosschainshasamplifiedthetoken\'sutility,resultinginasharpuptickinitsmarketactivity.Today,APE’s24-hourtradingvolumesurgedbyastaggering3,968.64%,reaching$1.25billion,reflectingthegrowingexcitementsurroundingthisupgrade. 3-NativeYieldMechanism:PassiveRewardsforAPEHolders Theintroductionofnativeyield,developedincollaborationwithDecentXYZ,isanotherkeyfactordrivingthepricesurge.APEholderscannowearnyieldautomaticallywithouthavingtomanuallystakeorclaimrewards.BysimplyholdingAPEonApeChain,usersbenefitfromautomaticyieldcompounding,agame-changerintheDeFispace. Thisfeaturehasbeenparticularlyattractivetolong-terminvestors,whoseeApeChain’sAutomaticYieldModeasalow-effortwaytogrowtheirAPEholdingspassively.ThisinnovationhasdrawninnewusersandincreaseddemandforAPE,contributingtoitsrisingprice. 4-BridgingApeCoin:SeamlessTransferstoApeChain TheApeChainbridgehasseenhightrafficasusersrushtomovetheirAPEfromotherblockchainstotakeadvantageofnativeyieldandinteroperability.Thebridge’seaseofuse,coupledwithexcitementsurroundingthesenewfeatures,hasdrivenAPE’smarketmomentum. Communitymembershavebeenactivelyengaginginthebridge’sfunctionality,andtheincreasedactivityisexpectedtocontinueasnewfeatures,suchasToptrader_xyz,golive.Thisongoingbridgingofassetshascreatedadditionalbuyingpressure,helpingtopushAPE’spriceevenhigher. APEPriceSurge:AnalysisandPrediction 1-APEPriceAnalysis ApeCoin’spricesurgehasbeenoneofthemostsignificantinthemarket.Currentlytradingat$1.37,APEhasshownimpressiveperformance: 1-dayperformance:+85.43% 7-dayperformance:+89.52% 1-monthperformance:+74.14% APEhasalsoclimbed+185.37%fromitsall-timelowof$0.4826,furtherdemonstratingitsbullishmomentum.APE’smarketcapnowstandsat$1.03billion,representingan85.39%increaseoverthepastday. ByTradingView-APEUSD_2024-10-20 2-APETechnicalIndicators\"STRONGBUY\" ApeCoin’stechnicalindicatorsstronglysupportfurtherpricegrowth: RelativeStrengthIndex(14):Currentlyat85.47,indicatingAPEisinoverboughtterritorybutstillbullish. MACDLevel(12,26):Apositive0.0558signalsabuy. HullMovingAverage(9):At0.9749,signalingbuy. Allmovingaveragespointtoastrongbuy,furthersupportingtheongoingbullishsentiment.Withthepricemomentum,technicalanalystsexpectAPEtocontinueitsupwardtrajectory,possiblytestingnewresistancelevelsinthecomingdays. ByTradingView-APETechnicalIndicators…

Memecoin Trader Falls Victim to FOMO

Amemecointraderwhorushedtobuy5differentmemecoinsinjust5hoursendeduplosingalargeamountofmoney.Thetrader’stotallossreached274$SOL,whichisabout$43.5K,accordingtodatafromLookonchain. Pleasedon\'tbuyoutof#FOMO! Yesterday,atrader#FOMObought5#MEMEcoinsinjust5hoursandlostmoneyoneachone,withatotallossof274$SOL($43.5K)andanROIof-67.89%.https://t.co/aIh2v57Oeopic.twitter.com/doBpWTkGSH —Lookonchain(@lookonchain)October20,2024 FOMOPurchasesLeadto68%LossforMemecoinTrader Thispurchasewasmadeoutoffearofmissingout(FOMO),orthefearofmissingout,andthetraderhasboughtthesecoins.FOMOisafamiliarsensationtothoseinvestorswhoseektocapitaliseonquicklyevolvingtrendsinthemarket.Butthetraderwouldsoonfindthatusingthisfeelingwillonlyresultinagreatloss. Withinthe5hours,thetraderbought5differentmemecoins.Unfortunately,eachofthesecoinsdeclinedinvalueimmediatelyafterthepurchasesweremade.Consequently,thetrader’sROIbecamealossofapproximately68%. FOMOBuyingLeadsto$43.5KLossinMemecoinMarket Thetotalamountof$43.5klostindicatesthedangersofinvestingincryptocurrenciesandmoresomemecoinsduetotheirerraticpricemovements.Alotoftradersfailtobepatientwhenpricesarerisingandtheyendupbuyingstockswhenpricesarehigh. Thespecialistsadvisenottoinvestincoinsduetofearofmissingout,FOMO.Theyurgedthatpeopleshouldtaketime,andconductresearchbeforepurchasingtheminsteadofhurrieddecisions.Whileimpulsebuyingisarelativelyfunactivity,FOMObuyingisasurewaytogetburned. Therefore,thiscase,reportedbyLookonchain,bringsanimportantlessonofFOMOtradingespeciallyconcerningthehighlyriskymemecoins.Suchbehaviorsareverydangerousbecausetheyarelikelytocausemassivelosesasitwasinthiscase.Tradersareencouragedtoavoidmakingimpulsivedecisions,undertakeadequateresearchandactinthelong-terminterestoftheirinvestmentstoreducerisks. blockchainreporter.net

LDO Price Recovery May Gain Momentum Post Prolonged Consolidation

Sellershavebeenstrongthroughoutthisyear,andtheLidoDao(LDO)pricehaslostmanycrucialsupportlevels.TheLDOpricehasdeclinedbyforminglowerlowsandlowerhighs,reachingamulti-yearlow.Further,thecryptopricehasbeeninaconsolidationphaseforthepast3months. Here,technicalindicatorsfavoredabullishforecastevenintheconsolidationphase.TheLDOpricestruggledoverthe20-dayexponentialmovingaverage(EMA).Afterremovingtheconsolidationzone,let’sfindouthowtheLDOcryptopriceperforms. CanLDOPriceGainMomentum? Dedy(@Traderdedy)isacryptocurrencyanalystwhoclaimsthattheLDOcryptopricehasthepotentialtoshootupsoon.Thepricehasdeclinedandundergoneaconsolidationphaseina4-Htimeframe. $LDO Shouldsendsoon.pic.twitter.com/Y9lhWOjPIV —Dedy(@traderdedy)October18,2024 -Advertisement- TheLDOpriceisexpectedtoreboundby30%inthenextfewdays.Anincreaseintradingvolumemayenhancethechancesofbuyingmomentum. CouldtheLDOPriceShootUporDeclineFurther? Whenwriting,theLidoDAOcryptotradedat$1.15withanintradaygainof1.32%.Themarketcapitalizationwas$1.03Billion,andthe24-hourtradingvolumewas$40.11Million. SinceAugust,theLDOpricehasdefendedthepsychologicallevelof$1andsurpassedthe20-dayEMA.Additionally,ithastriggeredapullbackinasmallertimeframe.However,thepricehasformedaninvertedheadandshoulderpatternonadailytimeframe. TrackallmarketsonTradingView Ifbuyersshowinterest,theLDOpricemayeasilyextendtothe200-dayEMA.Strongbuyingpressurecanbeanticipatedoncethepriceovercomesthe200-dayEMA.Ifthepricesurpassesthe$2mark,thenamomentumoflossrecoverycanbeseen. Ontheotherhand,iftheLDOcryptopriceslipsbelowthe20-dayEMA,itcouldbeasellingsignal.Massivesellingcanbeseenoncethepricelosesthestrongsupportlevelof$1.Additionally,itcouldbechallengingforbuyerstotakeoverthechargeagain. Turningtothetechnicalindicators,theRSIhasdisplayedbullishdivergenceonadailytimeframe.Itcouldliftthepriceforawhile.TheMACDhastriggeredagoldencrossoverwiththeSignallineandisheadingforthepositiveterritory.Thehistogramshaveflippedtogreen,whichcouldinvitebuyers. LidoDAOPricePrediction ThetechnicalindicatorsareshowingbullishsignsfortheLDOprice.TheRSIhasdisplayedbullishdivergenceonadailytimeframe,andtheMACDhastriggeredagoldencrossover.TheSignallineisheadingforthepositiveterritory.Thiscouldpotentiallyliftthepriceforawhile. However,keepinganeyeonthe$1supportlevelandthe20-dayEMAisessential.Theyarecrucialfordeterminingthefuturedirectionoftheprice.Ifthepricesurpassesthe200-dayEMAandthe$2mark,itcouldsignalapotentiallossofrecoverymomentum. Ontheotherhand,aslipbelowthe20-dayEMAcouldbeasellingsignal.Thiscouldleadtomassivesellingifthestrongsupportlevelof$1isbreached. thecoinrepublic.com