The Lido DAO (LDO) price has been swinging a lot, but the project itself just made a big positive move. The most important update is that Lido finally finished its integration with Chainlink’s CCIP system, which makes wstETH transfers safer and easier across different blockchains.
This upgrade removes reliance on third-party bridges and lets wstETH move securely across more than 16 chains, including Arbitrum and Base. It’s a strong step toward institutional-grade interoperability, even if the market only reacted with a modest 5% bump so far.
Lido DAO also finalized a $250k budget allocation meant to support protocol upgrades and update vesting terms for the Lido Labs Foundation. It signals stability, but the size of the allocation shows cautious spending during a difficult macro environment.
Here’s What Lido Dao Chart Is Showing
The chart shared by WorldOfCharts highlights a structure that the LDO price has struggled with for more than two years. Price has been trapped inside a broad descending channel since 2023, with every rally getting rejected at the upper trendline.
Right now, LDO bounced from the channel’s lower boundary and is now trying to reclaim a major horizontal level that has acted as a pivot zone several times.
According to the tweet, reclaiming this horizontal area is the key signal traders are watching. If the Lido Dao price can hold above it, the chart opens up toward the first major target at $1.30, which lines up cleanly with the upper trendline resistance.
It’s a level that has repeatedly capped upside moves, so breaking into it would be the strongest sign of a genuine trend shift.
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Right now, the structure is showing early signs of strength. The LDO price has pushed above its short-term downtrend inside the channel, which suggests that momentum is trying to flip. Suppose buyers defend this breakout during the retest.
In that case, the market could finally be transitioning from a controlled downtrend into the first phase of a potential recovery – helped by Lido’s new cross-chain improvements going live.
But the bearish scenario is still on the table. If LDO falls back under the reclaimed zone and loses support again, momentum breaks down and the price could slip toward the middle of the channel or even revisit the October lows around $0.33. With macro sentiment still shaky, traders are watching closely to see how LDO behaves on pullbacks.
What Lido Dao Traders Should Watch Next
Everything coLido DAO Long Downtrend Is Cracking – Here’s How LDO Price Could Push Highermes down to how LDO handles the reclaim level it’s sitting on right now. Any strong bounce on a retest would confirm bullish intent and make the path toward $1.00 and then $1.30 much more realistic.
A weak reaction would be particularly evident with falling volume, signaling that the rebound is running out of steam.. If the structure holds, the LDO price has a clear roadmap toward breaking its multi-year channel. If it fails, the chart resets back into the same downtrend that has controlled price action since 2023.
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