News View Non-AMP

Lido DAO (LDO) Price Prediction for January 25

Published by
Chandan Gupta

Lido DAO’s native token, LDO, has captured the attention of crypto enthusiasts following a strong rally in the past 24 hours. However, the token is now testing a key resistance level at $2.10, a level historically associated with selling pressure and price declines.

$7.18 Million LDO Inflows into Exchanges

As LDO’s price surged, on-chain data from CoinGlass revealed an inflow of $7.18 million worth of LDO tokens into exchanges, hinting that long-term holders or whales may be preparing to sell.

The inflows into the exchanges suggest that long-term holders or whales have moved their holdings to the exchanges for a potential sell-off. However, this could lead to selling pressure and further price decline.

Looking at such a dump in the past 24 hours indicates that history may repeat itself.

Lido DAO (LDO) Technical Analysis and Key Levels

According to expert technical analysis, LDO appears bullish but is currently at a crucial resistance level of $2.10. LDO’s daily chart shows that its price has reached this level more than twice, and each time, it has witnessed a price drop of over 28%, from $2.08 to $1.47.

However, this time, due to past history, investors have begun dumping their holdings and speculating that LDO could once again drop by 28% to reach the $1.47 level.

Conversely, if the current sentiment for LDO continues and the price breaches the resistance level, closing a daily candle above $2.10, there is a strong possibility it could soar by 65% to reach the $3.50 level. However, in the cryptocurrency market, such a rally is easily achievable.

LDO is currently trading near $2 and has experienced a price surge of over 15.50% in the past 24 hours. However, during the same period, its trading volume has jumped by 78%, indicating heightened participation from traders and investors compared to previous days.

Chandan Gupta

Chandan Gupta is a crypto analyst and news writer at CoinPedia. He specializes in market analysis using on-chain metrics and industry insights to forecast market trends. With over four years of trading experience, Chandan simplifies complex concepts in technical and on-chain analysis, making them easy to understand. At CoinPedia, he leverages his expertise to identify and present emerging opportunities in the cryptocurrency space

Recent Posts

Is Pi Network Breakout Imminent? New Roadmap Sparks 4% Surge Amidst Mixed Reactions

Pi Network price has surged over 4% in the past 24 hours following the launch…

April 20, 2025

Charles Schwab to Launch Spot Crypto Trading by 2026, Boosting Bitcoin and Ethereum Access

Charles Schwab’s new CEO, Rick Wurster, announced that the company is gaining significant momentum in…

April 20, 2025

What Happened In Crypto This Week?

 The cryptocurrency market experienced a whirlwind of developments this week. From Bitcoin price volatility and…

April 20, 2025

Firing Powell Could Set Dangerous Precedent and Hurt Crypto, Warns Pompliano

Crypto investor Anthony Pompliano recently criticized President Trump's recent threat to fire Fed Chair Jerome…

April 19, 2025

XRP Price Prediction 2025

XRP is currently trading near $2 after bouncing back from $1.61, with many traders viewing…

April 19, 2025

XRP News: ETF Approval Could Suck Up Supply Like a “Vacuum” & Pump Price Higher

A popular crypto analyst from the Good Morning Crypto podcast has made a strong prediction…

April 19, 2025