The Lido Dao price returns to visit the key support level: what follows for LDO?

Lido Dao (LDO), a leading liquid staking protocol in the market, saw the price of its native token fall in almost two digits as volatility hit cryptocurrencies on the early Monday.

Lido Dao (LDO) has recovered at a key technical level along with a broader recovery of risk assets.

However, the prospects are still fragile, with the possibility of a new fall if the bassists regain control, especially if the price returns to the mark of 0.86 dollars.

On-chain data add to the warning tone, since the activity of the whales around Ldo has shot.

A great remarkable fork recently moved a significant amount of tokens to the main cryptocurrency exchanges, a movement that could indicate the intention of selling and potentially exerting down the price on the price.

Dao Lido Price falls to the key support level

The Dao Lido price exceeded $ 1.16 last week. However, since the Altcoins still can not dominate a Altcoins season, the price of Token has suffered a downward action to fall more than 16% in the last week.

In the last 24 hours, the value of Token Ldo fell to $ 0.86. This decline in the first hours of negotiation of May 19, 2025 lined up largely with the fall of Bitcoin from more than 106 thousand dollars.

A broader market trend that also caused Ethereum to lose profits below USD 2,300 also shaped the action of the DAO Lido price.

“The broadest space of cryptocurrencies is experiencing a similar impulse. Coinbase will join the S&P 500 tonight, a historical moment for institutional credibility, which occurs immediately after its acquisition of detribit. Generalized adoption is no longer a matter of“ yes. Volatility markets coincide. Despite the lateral action in cash, the cryptocurrency volumes remain firm and $ BTC purchase bias is maintained in all deadlines, a structurally bullish positioning signal ”, They published QCP analysts.

LDO Price Analysis

Part of the bearish pressure on the price of Dao Lido comes from the sale of whales.

The profits and other market dynamics have caused large holders to get rid of Ldo tokens.

The data tracker and analysis on-chain lookonchain highlighted one of those incidents on Monday.

According to the data, a large whale threw 21.3 million tokens Ldo (for an approximate value of USD 21.6 million) during the past week.

The sale joined the General Profit Agreements, which caused the Lido Dao price to fall more than 25% during the week.

Speculation about a probable sale of privileged information also contributed to the fall in today’s prices.

Graphic Ldo of tradingview

Technical indicators offer a bassist perspective. The relative force index (RSI) indicates that LDO is close to the over -sales territory.

Meanwhile, the divergence of convergence of the mobile average (MACD) suggests weakness with a bassist crossing.

If LDO remains above USD 0.86, could point to a resistance close to USD 1.00. However, the downward action could cause them to slide around $ 0.80.