Lido Staked Ether (stETH) is showing signs of recovery after a minor pullback in late July. This article examines the current situation and price forecasts for stETH in the coming years.
Current stETH Situation
Lido Staked Ether (stETH) is currently trading at $3,482.17, up 2.87% for the day after a short-term decline from nearly $4,000. The decline was met with support near the 50-day moving average and the lower Bollinger Band, where buyers have started to step back in.
Technical Analysis and Indicators
The analysis of Bollinger Bands shows current prices below the midpoint of the 20-day band, which is a short-term resistance. The narrowing of the bands indicates low volatility, usually preceding significant market movements. The RSI closed at 53.46, indicating a neutral stance after a temporary slide into oversold territory.
Price Forecast for stETH Until 2029
Price predictions for stETH until 2029 are as follows: a minimum of $3,200, an average of $3,600, and a maximum of $4,200 in 2025. An upward trend in average prices is expected, rising from $4,100 in 2026 to $5,200 in 2029, driven largely by staking demand and continued evolution of Ethereum.
At present, Lido stETH is in a consolidation phase following a brief correction. Signs of recovery and key support levels indicate a possible return to the $4,000 price range, should the current trends continue.