- Lido DAO (LDO) price fell almost 10% as altcoins dumped.
- Bitcoin’s bounce sees Lido DAO price get better to a key stage.
- Bears are, nonetheless, prone to pull LDO decrease.
Lido DAO (LDO), a number one liquid staking protocol out there, noticed its native token’s price dip by almost double digits as volatility hit cryptocurrencies early Monday.
Lido DAO (LDO) has rebounded to a key technical stage alongside a broader restoration in threat property.
Nevertheless, the outlook stays fragile, with the potential for a contemporary drop if bears regain management, notably if the price revisits the $0.86 mark.
On-chain information provides to the cautionary tone, as whale exercise round LDO has spiked.
A notable giant holder just lately moved a big quantity of tokens to main crypto exchanges, a transfer that might sign intent to promote and doubtlessly exert downward stress on the price.
Lido DAO price slips to key help stage
Lido DAO’s price hovered above $1.16 final week. Nevertheless, with altcoins nonetheless unable to grasp an altseason, the token’s price has ridden draw back motion to slide greater than 16% up to now week.
Previously 24 hours, the LDO token’s worth dipped to $0.86. This decline in early buying and selling hours on Might 19, 2025, largely aligned with Bitcoin’s dip from above $106k.
A broader market pattern that additionally noticed Ethereum shed beneficial properties to under $2,300 additionally formed Lido DAO’s price motion.
“The broader crypto space is seeing similar momentum. Coinbase is set to join the S&P 500 tonight — a landmark moment for institutional credibility, coming on the heels of its acquisition of Deribit. Mainstream adoption is no longer a question of “if. Volatility markets agree. Despite sideways spot action, crypto vols remain firm, and $BTC call skew is holding across tenors — a sign of structurally bullish positioning,” QCP analysts posted.
LDO price analysis
Among the bearish stress on Lido DAO price is from whales promoting.
Revenue taking and different market dynamics have seen giant holders dump LDO tokens.
On-chain information and analytics tracker Lookonchain highlighted one such incident on Monday.
Per the information, a big whale dumped 21.3 million LDO tokens (value about $21.6 million) over the previous week.
The promoting added to the general revenue taking offers, pushing the Lido DAO price down greater than 25% over the week.
Hypothesis of probably insider promoting additionally contributed to in the present day’s price decline.
Technical indicators present a bearish outlook. The Relative Power Index (RSI) signifies LDO is close to the oversold territory.
In the meantime, the Shifting Common Convergence Divergence (MACD) suggests weak spot with a bearish crossover.
If LDO holds above $0.86, it might goal resistance close to $1.00. Nevertheless, draw back motion might see it slide towards $0.80.