UNUS SED LEO Price Prediction: LEO/USD Bounces Above $3.85 Level
Estimated Reading Time: 3 minutes
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 Price Prediction – October 25
The UNUS SED LEO price prediction gains 0.09% as bulls keep working hard to nurture a bullish cross above the upper boundary of the channel.
LEO/USD Long-term Trend: Ranging (Daily Chart)
Key levels:
Resistance Levels: $4.20, $4.30, $4.40
Support Levels: $3.60, $3.50, $3.40
LEO/USD is currently trading at the $3.85 resistance level as the market price is trading above the 9-day and 21-day moving averages, indicating a bullish movement since the beginning of today. For the past few days, the UNUS SED LEO price has been preparing a move to the upside, and in the context of the UNUS SED LEO exchange rate forecast; an application of $4.0 resistance is expected.
UNUS SED LEO Price Prediction: Will LEO Hit the $4.10 Level?
According to the daily chart, if the UNUS SED LEO price stays and keeps moving above the 9-day and 21-day moving averages conveniently; it is likely for the coin to touch the $4.05 level. This is where traders should expect buyers to fight for a further rise in LEO/USD and further development of the bullish trend. However, the purpose of this movement is to provide a level of resistance close to $4.10.
Looking at the market movement, it is likely that the UNUS SED LEO price may experience a quick retracement or sell-off just in case it touches the crucial $3.80 level, but if not; traders may see additional resistance levels of $3.90 and $4.00. However, any further bullish movement could hit the resistance levels of $4.20, $4.30, and $4.40 respectively.
On the downside, if the price falls below the moving averages, LEO/USD could see a further decline towards the support levels of $3.60, $3.50, and $3.40. As revealed by the chart, the market may gain more if the 9-day MA remains above the 21-day MA.
LEO/USD Medium-Term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the UNUS SED LEO price is moving sideways within the 9-day and 21-day moving averages. On the contrary, if the selling pressure still exists, it could hold the coin not to follow the upward movement, and the $3.72 and below may come into play.
But, if the buyers push the price above the moving averages, traders may expect a strong bullish movement that could hit the resistance at $4.00 and above as the 9-day moving average remains above the 21-day moving average, suggesting a bullish movement.
Place winning LEO trades with us. Get LEO here
