The price of Lido DAO has increased by 6.8%, reaching $0.92, although it remains below the essential 20-day moving average of $1.04. Currently, the $LDO price’s rise comes amid mixed technical signals for the liquid staking protocol. Analysis of the situation suggests that while daily gains are significant, the trading figures remain closely tied to critical moving averages. Traders are monitoring these indicators closely for potential implications on future performance. Despite the positive movement in price, caution persists as the $LDO price struggles to break through the key threshold that has been identified.
