Lido DAO

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Lido DAO price prediction suggests a short-term rally toward $2.00 is possible.</a> </li> 
 <li> <span>2</span> <a>LDO price is in a downtrend and facing resistance at the 50-day EMA.</a> </li> 
 <li> <span>3</span> <a>Lido DAO crypto price is near to the previous month’s low.</a> </li> 
</ul> 
<p>Lido DAO price prediction is mildly bullish for October and suggests a rise toward $2.00. It is trading near the previous month’s low which is acting as a strong support for bulls.&nbsp;</p> 
<p>LDO price is stuck in a narrow range between $1.400 to $1.800. It seems to be consolidating for the base formation and buyers trying to defend the lower range.&nbsp; In the last two months, Lido DAO crypto price has not performed well and traded with a bearish bias.&nbsp;</p> 
<p>Currently, the price is near the crucial support so possibility of the further downside looks limited. If in the coming months, the overall crypto market recovers then it may indirectly affect the price of LDO.&nbsp;The 50-day and 200-day EMA sloping down indicates the trend is in a downward direction. Moreover, if the recovery comes then EMAs are likely to act as an immediate hurdle for the bulls.&nbsp;</p> 
<p>Buyers of LDO crypto will gain confidence when prices break the 50-day EMA hurdle and sustain. At present, Lido DAO price is trading at $1.462 with an intraday decline of -0.42%. The 24-hour volume to market cap is 2.17%.</p> 
<h2 class="wp-block-heading" id="strong-will-lido-dao-price-defend-the-previous-month-low-strong"><strong>Will Lido DAO Price Defend the Previous Month Low?</strong></h2> 
<div class="wp-block-image"> 
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  <img decoding="async" loading="lazy" width="1024" height="434" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880-1024x434.png" alt="Lido DAO Price Prediction: Will LDO Price Rebound in October?" class="wp-image-171603" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880-1024x434.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880-300x127.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880-768x325.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880-1536x651.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880-750x318.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880-1140x483.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-880.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   LDO/USDT daily chart by <a href="https://www.tradingview.com/x/knfDHiwi/">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>Lido DAO price prediction showcases LDO crypto may consolidate for some time before reversing upward.&nbsp;</p> 
<p>Till the price holds the previous month’s low at $1.400 the possibility of taking a U-turn remains high. However, the price will pick up momentum when buyers succeed in a breakout of the $1.800 level.&nbsp;</p> 
<p>If the <a href="https://www.thecoinrepublic.com/2023/09/12/lido-dao-price-prediction-is-ldo-ready-for-a-reversal-toward-2/" target="_blank" rel="noreferrer noopener">LDO price</a> faces rejection from $1.800 then prices are expected to continue the consolidation in an existing range. On the other hand, if sellers get aggressive and succeed in dragging the price below $1.400 then more downside will open.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-ldo-price-analysis-bears-losing-their-grip-strong"><strong>LDO Price Analysis: Bears Losing Their Grip</strong></h3>  
<div class="tradingview-widget-container"> 
 <div id="tradingview_673e0"></div> 
 <div class="tradingview-widget-copyright">
  <a href="https://www.tradingview.com/" rel="noopener nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> 
 <script type="text/javascript">
  new TradingView.widget(
  {
  "width": 950,
  "height": 500,
  "symbol": "BINANCE:LDOUSDT",
  "interval": "D",
  "timezone": "Etc/UTC",
  "theme": "light",
  "style": "1",
  "locale": "en",
  "enable_publishing": true,
  "allow_symbol_change": true,
  "studies": [
    "STD;Supertrend"
  ],
  "container_id": "tradingview_673e0"
}
  );
  </script> 
</div>  
<p>LDO price forming a Doji candle on a weekly time frame indicates that bears are losing their grip. However, till now, no clear signs of upward reversal are visible. Therefore, investors should wait for a $1.800 breakout before creating any bullish positions.&nbsp;</p> 
<p>The MACD curve in <a href="https://www.thecoinrepublic.com/2023/09/12/lido-dao-price-prediction-is-ldo-ready-for-a-reversal-toward-2/" target="_blank" rel="noreferrer noopener">Lido DAO </a>is sloping sideways indicating range-bound trading is likely to continue for a few more weeks. The RSI at 38 denotes weakness but if the price recovers then RSI might reach the neutral territory.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Lido DAO price prediction is bullish for the next month and suggests buyers will soon return back to track.&nbsp;LDO price consolidated for quite a long time so it formed a strong base near $1.400. Therefore, the analysis suggests the possibility of a rebound is high.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical levels</strong></h4> 
<ul> 
 <li>Resistance levels: $1.842 and $2.000</li> 
 <li>Support levels: $1.400 and $1.264</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Lido DAO Price Prediction: Will LDO Price Rebound in October?

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