Lido DAO Token is Predicted to Drop to $ 1.34 By Sep 20, 2022

Lido DAO Token is predicted to decrease -28.44% in the next 5 days and hit a price target of $1.34 per LDO. Check out today's Lido DAO Token price prediction to learn why.

Lido DAO Token is Predicted to Drop to $ 1.34 By Sep 20, 2022
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Lido DAO Token is up 4.84% today against the US DollarLDO/BTC increased by 5.19% todayLDO/ETH increased by 5.52% todayLido DAO Token is currently trading 39.75% above our prediction on Sep 20, 2022Lido DAO Token dropped -31.81% in the last month and is down -66.63% since 1 year agoLido DAO Token price$ 1.87Lido DAO Token prediction $ 1.34 (-28.44%)Sentiment BearishFear & Greed index 28 (Fear)Key support levels$ 1.70, $ 1.58, $ 1.48Key resistance levels$ 1.92, $ 2.01, $ 2.13LDO price is expected to drop by -28.44% in the next 5 days according to our Lido DAO Token price predictionLido DAO Token price today is trading at $ 1.87 after gaining 4.84% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.72% in the same time period. LDO performed well against BTC today and recorded a 5.19% gain against the world’s largest cryptocurrency.According to our Lido DAO Token price prediction, LDO is expected to reach a price of $ 1.34 by Sep 20, 2022. This would represent a -28.44% price decrease for LDO in the next 5 days.LDO Price Prediction ChartBuy/Sell Lido DAO TokenWhat has been going on with Lido DAO Token in the last 30 daysLido DAO Token has been displaying a negative trend recently, as the coin lost -31.81% in the last 30-days. The medium-term trend for Lido DAO Token has been bullish, with LDO increasing by 227.74% in the last 3 months. The long-term picture for Lido DAO Token has been negative, as LDO is currently displaying a -66.63% 1-year price change. On this day last year, LDO was trading at $ 5.59.Lido DAO Token reached its all-time high price on Aug 20, 2021, when the price of LDO peaked at $ 7.28. The current LDO cycle high is $ 3.09, while the cycle low is at $ 0.404540. LDO has been displaying high volatility recently – the 1-month volatility of the coin is at 12.25. Lido DAO Token recorded 12 green days in the last 30 days.Lido DAO Token technical analysis for today - Sep 15, 2022The sentiment in the Lido DAO Token markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 1.70, $ 1.58 and $ 1.48, while $ 1.92, $ 2.01 and $ 2.13 are the key resistance levels.Bearish sentiment for Lido DAO Token7 indicators are currently signaling a bullish prediction for Lido DAO Token, while 19 indicators are showing a bearish forecast. With 73% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Lido DAO Token.Crypto market is currently experiencing FearCurrently, the Fear & Greed index is at 28 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.Lido DAO Token moving averages & oscillatorsLet’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Lido DAO Token is positioned in the market right now.PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly ExponentialMA3$ 1.88 (SELL)$ 1.82 (BUY)--MA5$ 1.97 (SELL)$ 1.88 (SELL)--MA10$ 1.96 (SELL)$ 1.94 (SELL)--MA21$ 1.93 (SELL)$ 1.99 (SELL)$ 1.65 (BUY)$ 1.92 (SELL)MA50$ 2.19 (SELL)$ 1.96 (SELL)$ 2.45 (SELL)$ 2.23 (SELL)MA100$ 1.52 (BUY)$ 1.87 (BUY)--MA200$ 2.02 (SELL)$ 1.99 (SELL)--PeriodValueActionRSI (14)43.63NEUTRALStoch RSI (14)50.22NEUTRALStochastic Fast (14)8.41BUYCommodity Channel Index (20)-66.67NEUTRALAverage Directional Index (14)16.25NEUTRALAwesome Oscillator (5, 34)-0.13NEUTRALMomentum (10)-0.17NEUTRALMACD (12, 26)0.00NEUTRALWilliams Percent Range (14)-91.59BUYUltimate Oscillator (7, 14, 28)48.82NEUTRALVWMA (10)1.97SELLHull Moving Average (9)2.08SELLIchimoku Cloud B/L (9, 26, 52, 26)1.95NEUTRALThe Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Lido DAO Token is at 43.63, suggesting that LDO is currently neutral.The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Lido DAO Token over the last 50 days. Currently, Lido DAO Token is trading above the SMA 50 trendline, which is a bullish signal.Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the LDO closing price for the last 200 days. LDO is now trading above the SMA 200, signaling that the market is currently bullish.The bottom line about this Lido DAO Token predictionAfter considering the above factors, we can conclude that the current forecast for Lido DAO Token price prediction is Bearish. LDO would have to decrease by -28.44% to hit our $ 1.34 target within the next five days. Moving forward, it will be important to monitor the LDO market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Lido DAO Token price predictions click here.Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.