CryptoSignals News
Join our Telegram

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

Estimated Reading Time: 3 minutes

Article Rating:
Based on 1 vote
Login to rate this article.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more

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

Place winning LEO trades with us. Get LEO here

Recent News

July 23, 2024

Top Cryptocurrency Lending Rates

Crypto lending platforms operate similarly to traditional banking, where one deposits his or her money in savings and the bank lends it out. However,  crypto lending involves storing your cryptocurrency on a “lending platform” instead of a “savings account. “The key differen...
Read More
November 16, 2022

Ethereum Is in a Narrow Range as It Challenges the $1,350 High

Ethereum Price Long-Term Analysis: BearishEthereum’s (ETH) price has fallen after retracing above the $1,200 support level as it challenges the $1,350 high. Ether has been trading just slightly above the existing support since November 13. The $1,350 resistance area is where the upward correc...
Read More
April 25, 2025

Wall Street Memes (WSM) Trade Wags Around, Nurturing Hikes

Wall Street Memes Price Prediction – April 25 The Wall Street Memes coin is exhibiting pronounced buying and selling pressures against the US dollar, with its valuation showing bearish momentum punctuated by corrective rebounds, as the price wags around, nurturing hikes. A broader range of promisin...
Read More

Join Our Free Telegram Group

We send 3 VIP signals a week in our free Telegram group, each signal comes with a full technical analysis on why we are taking the trade and how to place it through your broker.

Get a taste of what the VIP group is like by joining now for FREE!

arrow Join our free telegram