Lido DAO ($LDO) price prediction for June 12, 2025: Breakout stalls below $1.00 as bulls defend key $0.95 support
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The recent surge in Lido DAO price has captured significant market attention, but with momentum now cooling, the question is whether bulls can sustain the breakout or if a short-term pullback is imminent. As of June 11, the Lido DAO price today trades near $0.958, down slightly from an intraday high of $0.999, reflecting a mild rejection from the psychological $1.00 mark.
What’s Happening With Lido DAO’s Price?
LDO began June with tight consolidation, but the breakout above $0.88 on June 9 triggered a vertical rally, lifting price nearly 20% in less than 48 hours. The surge aligned with a bullish break of a descending wedge pattern visible on both the 4-hour and daily charts. However, price is now struggling to hold above the 0.5 Fibonacci retracement level at $0.961 from the April high to May low. This could mark the start of near-term exhaustion as indicators enter overbought territory.
Lido DAO Price Action Cools After Breakout
The 30-minute and 4-hour charts both show signs of topping behavior after the recent Lido DAO price spikes. Price has begun to retreat mod…
The post Lido DAO ($LDO) price prediction for June 12, 2025: Breakout stalls below $1.00 as bulls defend key $0.95 support appeared first on Coin Edition.
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Lido DAO ($LDO) price prediction for June 12, 2025: Breakout stalls below $1.00 as bulls defend key $0.95 support
Share:
The recent surge in Lido DAO price has captured significant market attention, but with momentum now cooling, the question is whether bulls can sustain the breakout or if a short-term pullback is imminent. As of June 11, the Lido DAO price today trades near $0.958, down slightly from an intraday high of $0.999, reflecting a mild rejection from the psychological $1.00 mark.
What’s Happening With Lido DAO’s Price?
LDO began June with tight consolidation, but the breakout above $0.88 on June 9 triggered a vertical rally, lifting price nearly 20% in less than 48 hours. The surge aligned with a bullish break of a descending wedge pattern visible on both the 4-hour and daily charts. However, price is now struggling to hold above the 0.5 Fibonacci retracement level at $0.961 from the April high to May low. This could mark the start of near-term exhaustion as indicators enter overbought territory.
Lido DAO Price Action Cools After Breakout
The 30-minute and 4-hour charts both show signs of topping behavior after the recent Lido DAO price spikes. Price has begun to retreat mod…
The post Lido DAO ($LDO) price prediction for June 12, 2025: Breakout stalls below $1.00 as bulls defend key $0.95 support appeared first on Coin Edition.
Read More
XRP Price Prediction: ETF Inflows Clash With Descending Trendline Pressure