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- 1 UNUS SED LEO price prediction points to the consolidation phase of LEO crypto inside the horizontal range.
- 2 LEO crypto has been trying to remain above the 20, 50 and 100-days DMA to reach the 200-days Daily Moving Average.
- 3 The pair of LEO/BTC was at 0.0001236 BTC with an intraday drop of 6.77%.
UNUS SED LEO price prediction demonstrates the token’s sideways momentum inside the horizontal range-bound area over the daily chart. LEO’s price has been trying to escape from the consolidation phase but has failed multiple times. Investors in LEO cryptocurrency should exercise patience until the token reaches the upper threshold of the consolidation phase on the daily time-frame chart.
UNUS SED LEO price was at $3.5743 and has gained 0.66% of its market capitalization during the day’s trading session. Trading volume has increased by 26.37% during the intraday trading session. This demonstrates that buyers are trying to push LEO crypto towards the upper trendline. Volume to market cap ratio was at 0.0002.
UNUS SED LEO Price on the Rise!
Trading volume is below average and needs to grow for LEO to surge out of the consolidation phase. Meanwhile, LEO has been trying to remain above the 20, 50 and 100-days DMA to reach the 200-days Daily Moving Average.
UNUS SED LEO price has gained 1.81% in a week and 6.32% in the last three months, thereby demonstrating the continuous recovery of LEO within the horizontal range. LEO price has been consolidating between the horizontal price range of $3.50 and $3.60.
Technical indicators suggest the uptrend momentum of LEO within the consolidation phase. Relative strength index (RSI) indicates the upward trend of LEO crypto. RSI was at 55 and is heading towards the overbought territory.
MACD exhibits the upward velocity of LEO crypto. The MACD line is above the signal line after a positive crossover. Investors in LEO crypto should practice patience until the token price stabilizes consistently within the upper threshold of the consolidation phase.
Summary
UNUS SED LEO price prediction showcases the token’s sideways momentum inside the horizontal range-bound area over the daily chart. Trading volume can be seen below average and needs to grow for LEO crypto to surge out of the consolidation phase. LEO crypto price has been consolidating inside the horizontal price range of $3.50 and $3.60. Investors in LEO crypto need to wait until the token price sustains at the upper threshold of the consolidation phase.
Technical Levels
Resistance Levels: $3.60 and $3.65
Support Levels:$3.50 and $3.48
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
