UNUS SED LEO Price Prediction: LEO/USD Fails to Push Higher
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UNUS SED LEO Price Prediction – November 24
At the time of writing, the UNUS SED LEO price prediction is dropping over 0.41% within 24 hours as it trades around the $4.06 level.
LEO/USD Long-term Trend: Ranging (Daily Chart)
Key levels:
Resistance Levels: $4.30, $4.40, $4.50
Support Levels: $3.86, $3.76, $3.66
The daily chart reveals that LEO/USD failed to break above the upper boundary of the channel as the coin begins the day off by trending lower toward the support level of $4.00 and may likely cross below the 9-day and 21-day moving averages. However, the first support level is $3.80. Beneath this, other supports lie at $3.86, $3.76, and $3.66.
UNUS SED LEO Price Prediction: LEO/USD May Trend Downward
As shown in the daily chart, the UNUS SED LEO price may not stay above the moving averages as it looks to set up another few days of negative price declines beneath $4.06. Meanwhile, a break above the daily high at $4.09 would have set the coin up to reach the nearest resistance at the $4.20 level.
However, LEO/USD couldn’t go higher as it is dropping toward the south. Moreover, should the technical indicator slide to the downside, the market price may end on the negative side. Nevertheless, any bullish movement above the channel could hit the resistance levels at $4.30, $4.40, and $4.50.
LEO/USD Medium-term Trend: Ranging (4H Chart)
The 4-hour chart reveals that buyers may take time to come back into the market if the price remains below the 9-day and 21-day moving averages. Therefore, if the bulls step back and push the coin above the moving averages, the UNUS SED LEO price may hit the resistance level of $4.20 and above.
Nevertheless, if the sellers bring the current market value below the support level of $4.00, breaking this level may further allow the coin to hit the support at $3.95 and below. At the moment, the 9-day MA may cross below the 21-day MA to give additional bearish signals to the market.
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