- LDO saw a surge of 10.06% in the last 24 hours.
- Lido Dao broke out of the bullish pennant as buyers took control of the market.
Over the past week, Lido DAO [LDO] has shown consistent gains, increasing by 27% on its price charts.
Currently, Lido DAO is trading at $2.14, marking a 10.06% daily increase. The altcoin has also made significant gains on monthly charts, surging by 12.68%.
Despite the recent price increase, LDO is still around 88.45% below its all-time high of $18.62. The community is hopeful for a sustained recovery in the current market conditions.
Analyst Kartha has suggested a potential 80% rally, pointing to a bullish breakout.
Market Sentiment
In his analysis, Kartha noted that LDO has broken out of the bullish pennant on the daily timeframe.
Breaking out of this pattern, especially to the upside, indicates a continuation of a bullish trend. This breakout is usually accompanied by high volume, indicating strong buying activity.
Source: X
According to Kartha, a successful retest here could lead to a 60-80% bullish wave in the mid-term, potentially pushing LDO to between $3.39 and $3.82.
LDO Charts Analysis
According to AMBCrypto’s analysis, Lido DAO is experiencing a strong upward momentum as buyers dominate the market.
Source: TradingView
This uptrend is supported by a rise in the +DI of DMI, while ADX has decreased. The +DI surged to 27.36 after a bullish crossover two weeks ago, indicating strong momentum.
Source: Santiment
LDO’s adoption rate and active users are increasing relative to its market cap, as shown by a positive price DAA divergence signaling a rise in active addresses.
Source: Santiment
The declining circulative NVT further confirms the market’s growing network and utility, suggesting undervaluation and a potential upside for LDO.
Source: Coinalyze
Investors in Lido DAO are increasingly bullish, with long positions accounting for 59.94% on daily timeframes, indicating a bullish sentiment.
Read Lido DAO’s [LDO] Price Prediction 2025-2026
In summary, LDO is showing signs of a sustained uptrend, with bullish market participants expecting further gains.
If current conditions persist, LDO could reach $2.5 and face resistance at $2.8, while a correction may see it drop to $1.92.
sentence: The cat chased the mouse around the house.
Rewritten sentence: The mouse was chased around the house by the cat.