LDO Overview
| Cryptocurrency | Lido DAO |
| Ticker Symbol | LDO |
| Current Price | $2.25 |
| 24-Hour Price Change | 9.88% |
| Market Cap | $1,865,302,298 |
| Circulating Supply | 840,848,631 LDO |
| All-Time High | $7.3 |
| All-Time Low | $0.40615 |
LDO Price Prediction: Technical Analysis
Lido DAO (LDO) token has been recently pumped in the price chart after breaking its prolonged consolidation range caused by the collapse of crypto exchange giant FTX.
LDO makes a winning streak ahead of the Ethereum Shanghai upgrade as it emerged as one of the top five decentralized protocols in the crypto space. However, the current market conditions remain a concern as several firms continue to file for chapter 11 bankruptcy, resulting in gaining more bearish woes in the altcoin market.
Hence, our Lido DAO technical analysis seeks to bring its in-depth price movement using advanced indicators to invest amid the current market trend and guide you through a profitable investment strategy.
According to CoinMarketCap, the LDO token trades at $1.5, with an uptrend of nearly 14% from yesterday’s performance.
Our Lido DAO crypto technical analysis reveals that this digital asset may soon flash solid bullish signals to new highs after holding its price above $1.6.
Looking at the daily price chart, LDO noted a spike in the first two days of trading starting from the new year as the DeFi token’s value increased from $0.95 to $1.21.
LDO token has broken all its EMA lines and continues to trade above the EMA-200 trend line. However, Lido DAO’s price completely depends upon its hype and buying pressure as the altcoin hit the overbought area earlier, according to the Relative Strength Index (RSI). Traders should be warned as this indicates a trend reversal that could lead LDO to a downward correction.
Moreover, the LDO community has been experiencing high volatility recently, with prices fluctuating between $0.9 and $1.6 over the past few days.
LDO token currently trades near a stable zone after pulling itself out of the bearish mud triggered by FTX’s downfall. However, the asset has faced rejection near $1.6 and made a slight downward retracement to 31.8% Fib retracement.
The Balance of Power (BoP) indicator trades in a negative region of 0.32, which may push the LDO token to test its support near EMA-100.
The popular indicator RSI-14 trades in an extremely bullish region at the level of 72.94, which may send LDO upward to break its resistance near the 23.6% Fib levels.
The MACD line continues to climb vertically above its signal line as it flashes long green candles, signifying bulls’ domination in the LDO price chart.
The SMA-14 looks optimistic as it trades above the range-bound zone near the level of 56, which may quickly initiate a freefall for LDO if it makes a reversal. However, a downward correction is forecasted if the LDO token falls below EMA-20 at $1.1.
If LDO price trades above $1.6, it can make an attempt to break its crucial resistance of Bollinger band’s upper limit at $1.8. Conversely, a sudden downfall is expected if LDO’s price drops below the critical support level of $0.8; below this price level, Lido DAO may trigger a sharp fall as it can head toward its Bollinger band’s lower limit of $0.57.
If LDO fails to hold above $0.5, it may trigger a more bearish bloodbath and trade near $0.35.
LDO Price Today
LDO Recent News
- Ethereum Staking Now Available on MetaMask: Here’s How It Works
- Lido (LDO) Leads Liquid Staking Derivatives Resurgence
LDO Price Predictions 2023-2030
| Year | Minimum Price of LDO | Average Price of LDO | Maximum Price of LDO | Potential ROI |
|---|---|---|---|---|
| 2023 | $1.81 | $2.60 | $3.24 | 116% |
| 2024 | $4.03 | $4.32 | $5.13 | 242% |
| 2025 | $5.34 | $5.98 | $6.49 | 332% |
| 2026 | $7.11 | $7.86 | $8.45 | 463% |
| 2027 | $8.90 | $9.76 | $10.32 | 588% |
| 2028 | $11.24 | $12.44 | $13.84 | 822% |
| 2029 | $15.56 | $16.78 | $18.23 | 1115% |
| 2030 | $19.93 | $21.39 | $23.19 | 1446% |
LDO Price Prediction 2023
The maximum price of LDO in 2023 is predicted to be $3.24.
The minimum price of LDO in 2023 is predicted to be $1.81.
The average price of LDO in 2023 is predicted to be $2.60.
Potential ROI: 116%
LDO Price Prediction 2024
The maximum price of LDO in 2024 is predicted to be $5.13.
The minimum price of LDO in 2024 is predicted to be $4.03.
The average price of LDO in 2024 is predicted to be $4.32.
Potential ROI: 242%
LDO Price Prediction 2025
The maximum price of LDO in 2025 is predicted to be $6.49.
The minimum price of LDO in 2025 is predicted to be $5.34.
The average price of LDO in 2025 is predicted to be $5.98.
Potential ROI: 332%
LDO Price Prediction 2026
The maximum price of LDO in 2026 is predicted to be $8.45.
The minimum price of LDO in 2026 is predicted to be $7.11.
The average price of LDO in 2026 is predicted to be $7.86.
Potential ROI: 463%
LDO Price Prediction 2027
The maximum price of LDO in 2027 is predicted to be $10.32.
The minimum price of LDO in 2027 is predicted to be $8.90.
The average price of LDO in 2027 is predicted to be $9.76.
Potential ROI: 588%
LDO Price Prediction 2028
The maximum price of LDO in 2028 is predicted to be $13.84.
The minimum price of LDO in 2028 is predicted to be $11.24.
The average price of LDO in 2028 is predicted to be $12.44.
Potential ROI: 822%
LDO Price Prediction 2029
The maximum price of LDO in 2029 is predicted to be $18.23.
The minimum price of LDO in 2029 is predicted to be $15.56.
The average price of LDO in 2029 is predicted to be $16.78.
Potential ROI: 1115%
LDO Price Prediction 2030
The maximum price of LDO in 2030 is predicted to be $23.19.
The minimum price of LDO in 2030 is predicted to be $19.93.
The average price of LDO in 2030 is predicted to be $21.39.
Potential ROI: 1446%
