LDO Technical Analysis Jan 21
The post LDO Technical Analysis Jan 21 appeared on BitcoinEthereumNews.com.
LDO is attracting attention by climbing to the $0.53 level with a 3.50% jump in the last 24 hours; however, the general downtrend maintains its dominance, and critical supports are being tested as RSI approaches the oversold region at 37. Although this movement signals a short-term recovery, it paints a cautious picture for altcoins under MACD’s negative histogram and Bitcoin’s bearish supertrend. Market Outlook and Current Situation LDO is trading within a clear downtrend on the daily timeframe. With the current price positioned at $0.53, the last 24-hour range was between $0.51 – $0.54, and volume remained at moderate levels of 46.05 million$. The 3.50% daily gain reflects short-term buyer interest, but the price remaining below EMA20 ($0.59) reinforces the bearish short-term outlook. The market is influenced by uncertainties in the broader crypto ecosystem as well as LDO-specific liquidity staking dynamics from the Lido DAO protocol; however, the lack of significant recent news flow indicates that technical factors are in the foreground. Looking at multi-timeframe (MTF) confluence, a total of 11 strong levels are identified across the 1D, 3D, and 1W timeframes: 2 supports/3 resistances on 1D, 1 each on 3D, and a balanced 3 supports/3 resistances distribution on 1W. This confluence increases the breakout potential of the price’s current consolidation around $0.53. While the slight volume increase supported the recent jump, the overall trend direction is downward; the Supertrend indicator gives a bearish signal, marking $0.64 as resistance. Investors can check detailed data for LDO spot analysis on the spot market. In the general market context, factors affecting LDO’s performance include the slowdown in the DeFi sector and its correlation with the Ethereum ecosystem. After experiencing nearly 20% losses in recent weeks, it is showing this recovery, but overcoming resistances is essential for sustainability. Technical Analysis: Levels to Watch…
Filed under: News - @ January 22, 2026 12:28 am