Trader Predicts Ethereum-Based Lido DAO (LDO) Could Rally Soon After Perfect Retest
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Trader who predicted Bitcoin bottom in 2018 says Ethereum-based altcoin Lido DAO (LDO) could rally soon.
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Trader uses Elliott Wave theory and sees LDO ready for a "massive move" after perfect retest.
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LDO currently trading at $2.44, up 2.5% in last 24 hours.
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Trader also optimistic about crypto market after decline in US Dollar Index (DXY).
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Earlier said DXY showed signs of "distribution" and could boost risk assets like Bitcoin if it declines further.