The Lido DAO token (LDO) has seen a 3.34% rise today against the US Dollar and a 4.14% rise against BTC, outperforming the broader crypto market. However, the long-term outlook for LDO has been negative, with it down 1.60% from a year ago and down 29.48% in the last month.

According to our predictions, the LDO price is expected to reach $2.67 by May 02, 2024, which would represent an increase of 29.68% in the next 5 days. Although the sentiment in the Lido DAO Token markets is currently bearish, the Fear and Greed index stands at 67 (Greed), indicating widespread optimism in the crypto market.

Despite the recent volatility, with a 1-month volatility ratio of 15.52%, LDO has recorded 11 green days in the last 30 days. The key support levels to watch are $1.92, $1.89 and $1.83, while the key resistance levels are $2.02, $2.07 and $2.11.

Although 71% of indicators favor a negative prediction for Lido DAO Token, it is important to remember that crypto markets are unpredictable and feature a lot of price volatility. It is therefore recommended that you seek independent professional advice in the form of legal, financial and tax advice before making any investment decisions.