Vanar Vision

There are two perspectives on how the price of LSD is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of LSD. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect LSD's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of LSD based on past trends, based on the principle that 'history tends to repeat itself.' Price action of LSD is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of LSD.

LSD reached an all-time high of $2.26 in 2023-03-06, while its current trading price is $0.006414.

LSD reached its historical low of $0.004999 in 2023-03-06.