Lido DAO (LDO) Maintains Crucial Breakout Level While Traders Anticipate Retest
Market Activity: Lido DAO (LDO) is retesting its breakout zone above $1.15, with a 28.77% increase in trading volume indicating heightened market participation as it consolidates around $1.19.
Technical Analysis: The token's price movement shows a shift from resistance to support, with key levels at $1.15-$1.17 being monitored; a breakout above $1.21 could lead to further gains, while failure to hold support may revert it to previous levels.
Valuation Insights: Lido DAO remains a dominant player in DeFi with a total value of $37.26 billion in locked assets, and its Market Cap-to-TVL ratio of 0.02869 suggests it is undervalued relative to its secured assets.
Supply Dynamics: With a circulating supply of 895.93 million out of a total of 1 billion tokens, LDO's structure limits dilution risk and supports a stable trading environment for both retail and institutional investors.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI) As of , DeFi (DEFI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DEFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DEFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000203 | 0.000249 | 0.000292 | 0.000338 | 0.000381 | 0.000427 | 0.00047 |
| Fibonacci | 0.000249 | 0.000283 | 0.000304 | 0.000338 | 0.000372 | 0.000393 | 0.000427 |
About DEFI
About the author
