Lido DAO (LDO) Price Dropped 12%, Will It Break below the $0.60 Level?

  • LDO has declined 68% from December 2024 highs of $2.40 and is currently testing the critical $0.75 support level.
  • RSI at 46.07 shows bearish bias, while MACD confirms downward momentum with negative social sentiment readings.

Lido DAO (LDO) is facing a difficult technical situation since it is trading close to important support levels at $0.76, which shows downward pressure throughout 2025. The token’s price has shown a long-term bearish trend when it peaked at $2.40 in early December 2024 and fell by about 68% from that peak.

The daily chart indicates that LDO is below its main moving averages, and the price is currently trading beneath the 50-day and 200-day exponential moving averages. Since October 2024, the 200-day moving average has gone down, supporting the idea that bears have been in charge of the token’s direction

The setup of the market suggests that bears are still in charge and bulls are not interested in the current price. As per CMC data, the LDO price is trading at $0.77 with an intraday drop of 12%, showing bearishness. Its 24-hour trading volume is $171.69 with a volume to market cap ratio of 24.89%.

What’s Next for Lido DAO (LDO) Price?

Source: TradingviewLDO is neither oversold nor overbought, as the RSI is 46.07 and shows a neutral trend with a slight bearish tendency. It appears that the RSI reading could allow for more downside before oversold levels are reached, which might lead to a bounce. The indicators are still not giving any signs of a bullish divergence that could indicate the market is about to change direction.

Currently, social sentiment analysis shows that market participants are mostly pessimistic, as the reading is -0.151. Moreover, the MACD line is below the signal line, which indicates that the indicator is bearish and supports the downward trend. The histogram indicates that buyers are not active, so sellers still control the market.

According to support and resistance, LDO is currently encountering resistance in the $0.90-$1.00 area, as these levels used to be support levels before. The next important resistance can be found around $1.20, which is where several bounces were denied earlier this year. On the other side, the token has reached a key support area at $0.75, and a drop below this point could lead to a fall toward $0.60.

Lido DAO (LDO) is expected to have a cautiously bearish technical outlook shortly. A recovery that lasts would only happen if the token breaks above $1.00 and shows strong trading volume. Before that, traders ought to watch the $0.75 support level, as breaking it could make the downtrend stronger and bring the price closer to new lows.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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