UNUS SED LEO Price Prediction: LEO/USD Dips Below $3.79 Resistance
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UNUS SED LEO Price Prediction – September 26
The UNUS SED LEO price prediction reveals a pullback for LEO as it slips below the critical $3.70 level, testing support at $3.65.
LEO/USD Long-term Trend: Bearish (Daily Chart)
Key Levels:
Resistance Levels: $3.90, $4.00, $4.10
Support Levels: $3.50, $3.40, $3.30
LEO/USD recently faced rejection at the $3.79 level, preventing a breakthrough of the $4.0 resistance level. On the downside, support has been established at $3.65. Currently, LEO/USD is trading at $3.66. The prevailing trend exhibits a bearish bias, the coin is likely to gain more support if the sellers increase the pressure.
UNUS SED LEO Price Prediction: LEO May Gain More Downtrends
At the moment, the UNUS SED LEO price slides below the 9-day and 21-day moving averages, with sellers anticipating a possible breakdown toward the lower boundary of the channel. If the 9-day moving average remains above the 21-day moving average, the market could rebound and face the upside. However, a resurgence of bullish momentum might propel the price toward resistance levels at $3.90, $4.00, and $4.10.
Nevertheless, if the market sustains its downward trajectory, the UNUS SED LEO price could decline to $3.60. If this support fails to hold against the sell-off, further drops to $3.50, $3.40, and $3.30 support levels may occur. This potential bearish movement is indicated by the Relative Strength Index (14), which is nearing a crossover below the 40-level.
LEO/USD Medium-term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the UNUS SED LEO price currently moving sideways, trading below the 9-day and 21-day moving averages, with a value of around $3.66. While the coin has not yet breached the $3.65 support level, it remains poised for a possible rebound, although it may require time to consistently trade above $3.80.
Moreover, LEO/USD keeps hovering below the moving averages as the Relative Strength Index (14) moves around 30-level. This could lead the UNUS SED LEO price toward the support level of $3.50 and below while a higher resistance level could be found at $3.80 and above.
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