Lido DAO’s price has increased by 6.8% to $0.92, although it continues to trade below the essential 20-day moving average of $1.04. The rise in price indicates some level of interest, but the liquid staking protocol faces mixed signals from technical indicators. These signals suggest uncertainty in the market regarding the sustainability of the recent gains. Traders are closely monitoring the situation as Lido DAO tests potential technical recovery. The current price positioning under the 20-day moving average raises questions about the protocol’s ability to maintain upward momentum in the near term.
