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UNUS SED LEO (LEOUSD) Market Maintains Bullish Momentum Within Reaccumulation Phase

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UNUS SED LEO (LEOUSD) Market Maintains Bullish Momentum Within Reaccumulation Phase

UNUS SED LEO Price Prediction – March 15

LEOUSD market maintains bullish momentum within the ongoing reaccumulation phase. A breakout above the $9.970 resistance is likely to trigger a massive rally as the bullish trend continues.

The Moving Average (SMA) and Moving Average Convergence Divergence (MACD) indicators confirm the bullish bias on the LEOUSD chart. The 9-period SMA is currently at $9.750, suggesting that price action is hovering just below this dynamic support level. This indicates the market is still respecting short-term bullish pressure. The MACD histogram remains positive, with the MACD line slightly above the signal line, signalling mild bullish momentum. Although there has been a recent slowdown in upward momentum, no significant bearish divergence is present, which keeps the upward trend intact.

LEOUSD Market Key Levels:

Resistance levels: $9.970, $10.710, $11.500
Support levels: $9.000, $7.940, $6.500

CRYPTO:LEOUSD Chart Image by amiraoluwaseyifunmi

LEO/USD – Daily Chart

The daily chart for LEO/USD shows that the market is in a reaccumulation phase.

From a price action perspective, the market has shown clear bullish strength following a Break of Structure (BOS) above $9.000. This breakout confirms buyers’ control after retesting a bullish Order Block (OB) near $8.500.

The market has since formed a range between $9.00 and $9.970, with multiple rejections at the upper boundary. The market has consistently respected previous support zones, further reinforcing the bullish outlook.

What is the projection for LEOUSD market?

The projection for LEOUSD remains bullish. A minor pullback may be likely before the next impulsive move upward. If buyers sustain momentum, a breakout above $9.970 could push prices toward the resistance of $10.710.

Beyond this, the next major target lies at $11.500. However, if the price breaks below $9.000, it may retest the lower support at $7.940, though the current structure favours a continuation higher.

BITFINEX:LEOBTC Chart Image by amiraoluwaseyifunmiLEO/BTC Price Analysis

LEOBTC recently broke out of a consolidation phase, confirming bullish momentum after bouncing off the 0.00010600 BTC support level. The price is currently retracing and may revisit the bullish order block (OB) between 0.00010600 BTC and 0.00011000 BTC.

The 9-period SMA at 0.00011480 BTC aligns with short-term support, suggesting a potential bounce if the price stabilizes. If buyers regain control, the next major resistance lies at 0.00013070 BTC, with a further target at 0.00014500 BTC.

UNUS SEO LEO (LEO) Current Statistics
The current price: $9.730
Market Capitalization: $8,980,000,000
Trading Volume: $2,750,000

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