Lido DAO Token (LDO) has experienced significant declines recently, with its price dropping by 3.23% against the US Dollar in the last 24 hours. The token has underperformed the broader cryptocurrency market, which saw a 3.36% decrease in the same period. LDO also fell 2.97% against Bitcoin.
Over the past month, LDO has declined by 18.88%, and it is down 41.22% from a year ago. The token is currently trading at $1.08, which is 24.03% below the predicted price of $1.42 for November 5, 2024. Despite a forecasted 30.11% increase in the next five days, the overall sentiment remains bearish.
The Fear & Greed index is at 69, indicating market greed, yet 81% of technical indicators suggest a negative outlook. Key support levels are $1.08, $1.03, and $0.985499, while resistance levels are $1.17, $1.22, and $1.27. The market's current sentiment and technical indicators point to continued volatility and uncertainty for Lido DAO Token.