This week, Lido DAO (LDO) recorded a remarkable price increase, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the token shows increasing bear pressure. The price of LDO has increased by 11.6% in the last 14 days. Looking at short-term price predictions, technical analysis predicts a range of $3.24 - $4.40 for 2024. However, the overall market correction triggered widespread panic selling and investor fear that affected many cryptocurrencies, including LDO. At the time of writing, Lido DAO is priced at $2.15. LDO's current market cap is approximately $1.9 billion. 📉