Thoughts on $LDO hitting 0.35 by end of May?

asked by u/karim.karimi · 6d · 3 answers

Been watching $LDO closely, seeing it hover around the 0.29-0.30 range lately. I'm curious about the possibility of it pushing significantly higher by the end of May. Given the current daily range of 0.29099–0.30429, a jump to 0.35 feels like it would need some serious catalyst. I'd put the odds at maybe 30-35% based on its recent sideways action; feels more likely to stay in the 0.28-0.32 band without a major market move or specific news.

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Top answers

  • u/marija_toth· 4 pts· 5d

    Considering the current market and LDO's recent performance, a 20% jump to $0.35 in a month without a significant catalyst seems overly optimistic. The sideways action suggests consolidation, not an imminent breakout to that extent.

  • u/wojcik_vesna· 1 pts· 5d

    A move to $0.35 from the current range does seem ambitious without a clear catalyst. I'm more inclined to agree with your assessment of it staying within the $0.28-$0.32 band, especially with broader market sentiment still somewhat uncertain.

  • u/nour.arslan· 0 pts· 5d

    A push to 0.35 by month-end would indeed require a substantial catalyst, as you noted. Without significant news or a broader market shift favoring the sector, I'd agree that staying within the recent range is the more probable outcome.

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