- Bullish LDO price prediction for 2024 is $2.186 to $3.409.
- Lido DAO (LDO) price might reach $5 soon.
- Bearish LDO price prediction for 2024 is $0.928.
In this Lido DAO (LDO) price prediction 2024, 2025-2030, we will analyze the price patterns of LDO by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
LIDO DAO (LDO) PRICE PREDICTION 2024 |
|
| LIDO DAO (LDO) PRICE PREDICTION 2025, 2026, 2027-2030 |
| CONCLUSION |
| FAQ |
Lido DAO (LDO) Current Market Status
| Current Price | $1.62 | 24 – Hour Price Change | 0.45% Up |
| 24 – Hour Trading Volume | $125,808,559 |
| Market Cap | $1,449,037,297 |
| Circulating Supply | 893,756,404 LDO | All – Time High | $7.30 (On August 20, 2021) |
| All – Time Low | $0.406 (On June 18, 2022) |
What is Lido DAO (LDO)
| TICKER | LDO |
| BLOCKCHAIN | Ethereum |
| CATEGORY | Decentralize Finance |
| LAUNCHED ON | December 2020 |
| UTILITIES | Governance, security, gas fees & rewards |
Lido DAO is a decentralized autonomous organization focused on providing liquid staking solutions for blockchain assets. Lido DAO (LDO) is the native utility token of the Lido decentralized finance (DeFi) protocol Established on the Ethereum network, Lido enables users to stake their tokens, such as Ethereum, into the network without compromising liquidity. Governed by its community through a decentralized governance model, Lido DAO allows participants to contribute and vote on protocol upgrades. Lido addresses the liquidity problem associated with staking, making it an innovative and user-friendly platform within the broader decentralized finance (DeFi) ecosystem.
Lido DAO 24H Technicals
(Source: TradingView)
Lido DAO (LDO) Price Prediction 2024
Lido DAO (LDO) ranks 59th on CoinMarketCap in terms of its market capitalization. The overview of the Lido DAO price prediction for 2024 is explained below with a daily time frame.
LDO/USDT Horizontal Channel Pattern (Source: TradingView)
In the above chart, Lido DAO (LDO) laid out a horizontal channel pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.
At the time of analysis, the price of Lido DAO (LDO) was recorded at $1.57. If the pattern trend continues, then the price of LDO might reach the resistance levels of $1.968, $2.611 and $4.509. If the trend reverses, then the price of LDO may fall to the support of $1.493.
Lido DAO (LDO) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Lido DAO (LDO) in 2024.
LDO/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as the resistance and support levels of Lido DAO (LDO) for 2024.
| Resistance Level 1 | $2.186 |
| Resistance Level 2 | $3.409 |
| Support Level 1 | $1.418 |
| Support Level 2 | $0.928 |
LDO Resistance & Support Levels
Lido DAO (LDO) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Lido DAO (LDO) are shown in the chart below.
LDO/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Lido DAO (LDO) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $1.959Price = $1.525 (50MA < Price) | Bullish (Uptrend) |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 27.670 <30 = Oversold 50-70 = Neutral>70 = Overbought | Nearly Oversold |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
Lido DAO (LDO) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Lido DAO (LDO) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
LDO/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Lido DAO (LDO).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 17.934 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 27.97 <50 = Low >50 = High | Low Volatility |
Comparison of LDO with BTC, ETH
Let us now compare the price movements of Lido DAO (LDO) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs LDO Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of LDO is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of LDO also increases or decreases respectively.
Lido DAO (LDO) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Lido DAO (LDO) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Lido DAO (LDO) Price Prediction 2025 | $8 | $0.9 |
| Lido DAO (LDO) Price Prediction 2026 | $11 | $0.8 |
| Lido DAO (LDO) Price Prediction 2027 | $13 | $0.7 |
| Lido DAO (LDO) Price Prediction 2028 | $15 | $0.6 |
| Lido DAO (LDO) Price Prediction 2029 | $17 | $0.5 |
| Lido DAO (LDO) Price Prediction 2030 | $20 | $0.4 |
Conclusion
If Lido DAO (LDO) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Lido DAO (LDO) price prediction for 2024 is $3.409. Comparatively, the bearish Lido DAO (LDO) price prediction for 2024 is $0.928.
If there is a positive elevation in the market momentum and investors’ sentiment, then Lido DAO (LDO) might hit $5. Furthermore, with future upgrades and advancements in the Lido DAO ecosystem, LDO might surpass its current all-time high (ATH) of $11.00 and mark its new ATH.
FAQ
1. What is Lido DAO (LDO)?
Lido DAO is a decentralized autonomous organization focused on providing liquid staking solutions for blockchain assets.
2. Where can you buy Lido DAO (LDO)?
Traders can trade Lido DAO (LDO) on the following cryptocurrency exchanges such as Binance, Huobi, OKEx, and Uniswap
3. Will Lido DAO (LDO) record a new ATH soon?
With the ongoing developments and upgrades within the Lido DAO platform, Lido DAO (LDO) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Lido DAO (LDO)?
Lido DAO (LDO) hit its current all-time high (ATH) of $11.00 (On Nov 16, 2021).
5. What is the lowest price of Lido DAO (LDO)?
According to CoinMarketCap, LDO hit its all-time low (ATL) of $0.406 on Jun 19, 2022.
6. Will Lido DAO (LDO) hit $5?
If Lido DAO (LDO) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon.
7. What will be the Lido DAO (LDO) price by 2025?
Lido DAO (LDO) price might reach $8 by 2025.
8. What will be the Lido DAO (LDO) price by 2026?
Lido DAO (LDO) price might reach $11 by 2026.
9. What will be the Lido DAO (LDO) price by 2027?
Lido DAO (LDO) price might reach $13 by 2027.
10. What will be the Lido DAO (LDO) price by 2028?
Lido DAO (LDO) price might reach $15 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
