One Ethereum (ETH)-based token has the potential to soar, according to a crypto expert who correctly predicted the end of the Bitcoin (BTC) bull market.
The native token of ETH staking project Lido DAO, LDO, is expected to post significant gains now that it is trading over a crucial resistance level at $3.10, according to pseudonymous crypto analyst Pentoshi.
Analyst’s Watchlist
According to the Daily Hodl data, LDO is now worth $3.23, up over 9% from the previous day. The stablecoin-focused decentralized exchange Curve Finance’s governance token, CRV, has also caught the attention of the cryptocurrency expert.
Pseudonymous crypto analyst Pentoshi believes that CRV is positive now that it has overcome resistance at $1.14 on the low timeframe (LTF).
- One Ethereum (ETH)-based token has the potential to soar
- LDO is now worth $3.23, up over 9% from the previous day
- CRV is currently trading at $1.25, up more than 4% today
- SYN’s value has slightly decreased over the last day to $1.55
CRV is currently trading at $1.25, up more than 4% today, which is based on the data published in the Daily Hodl.
Pseudonymous crypto analyst Pentoshi is also closely monitoring the interoperability protocol Synapse (SYN), which he predicts will see protracted rallies.
SYN’s value has slightly decreased over the last day to $1.55. Pseudonymous crypto analyst Pentoshi thinks that Bitcoin will continue to rise after turning a previous level of resistance into support.
Pentoshi’s new support level is far above the current price of Bitcoin, which is $24,709, and these data are based on the post of the Daily Hodl.
