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Cryptocurrencies Price Prediction: Lido DAO, AVAX & Bitcoin– American Wrap 3 March

Lido Dao price tanks as altcoin investors seem unsure if US session will save them

Lido Dao (LDO) had a rough European open this Friday. In the blink of an eye, price action sold off nearly 5%. Luckily, bulls were awaiting any price drop at $2.80 to catch it and use the opportunity to go long LDO. With several altcoins in a similar pattern, expect a group-herd move either lower or higher, depending on the breakout.

LDO/USD 4H-chart

AVAX price could face a 15% crash if loses this critical support

AVAX price has been slipping on the charts for nearly ten days now, and the altcoin is inching closer to its critical support. From here on, the bulls will have to regain control of the momentum they had back in January to prevent a significant decline in AVAX’s trading price.
AVAX MACD and RSI
Bitcoin (BTC $22,379) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar.
ISM

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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