Cryptocurrencies Price Prediction: Lido DAO, Polkadot & Crypto.com– American Wrap 10 February
Lido DAO price set to plummet 24% amid ETH staking ban rumors
Lido Dao (LDO) price action is set to see interest from investors fading quite rapidly as the price action has been trading erratically and illogically these past few days. Those investors will probably take their money and run as volatility is getting too high, making it very difficult to maintain good trade management. With the current outside pressures and tailwinds, a decline of 24% would not be unlikely.
Polkadot price could plummet below $6 despite a successful year for DOT’s parachains
The price of Crypto.com Coin (CRO) took a strong uppercut of 8% losses as bulls were knocked out against the ropes Thursday. In a ninja-type of event, bears suddenly swarmed the market and sparked sell-offs across the board in bonds, equities and cryptocurrencies. Several warnings were already issued throughout the week that tail risks were flaring up again, and the message from Federal Reserve Chair Jerome Powell on Tuesday was initially perceived as dovish by markets before its hawkish intent was digested later in the week.
Author
FXStreet Team
FXStreet
