LDO - Divergences are surfacing

Assets covered: LDO

Metrics used: Price, Volume, Transaction volume, Social volume, Supply Distribution, Age consumed

Charts: https://app.santiment.net/s/Rvskqmo-

Looks like LDO might be showing some signs of buyer exhaustion as divergences are starting to surface.


LDO price - Sanbase

Price/Volume divergence is observed as price continues to rise but each spike is seeing lower trading volumes coming in, which is typically indicative of buyer exhaustion.

In a healthy growing market, we should be seeing higher prices and higher trading volumes. But we are not seeing that at the moment.

Transaction Volume

LDO transaction volume - Sanbase

Likewise, transaction volume has seen a drastic drop, establishing lower highs as prices kept on making higher highs.

Social volume

LDO social volume - Sanbase

We did see some decent growth in social volume with growing prices at the start of the rally but

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