UNUS SED LEO Price Prediction: LEO/USD Price Could Rally to $4.20 Resistance
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UNUS SED LEO Price Prediction – August 9
The UNUS SED LEO price prediction shows that LEO is going to face moderate volatility as the coin moves to cross above the 21-day moving average.
LEO/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $4.5, $4.7, $4.9
Support levels: $3.6, $3.4, $3.2
LEO/USD is moving to cross above the 9-day and 21-day moving averages as the market price hovers at $4.0 with a daily gain of 0.26%. However, as the coin moves to create additional gains, a potential resistance can be found at the $4.2 level. On the contrary, sliding below the lower boundary of the channel may hit the closest support at $3.8.
UNUS SED LEO Price Prediction: LEO/USD Ready for a Spike to the North
Looking at the daily chart, with the confirmation of the technical indicators, the UNUS SED LEO price is going to create additional bullish trends as the Relative Strength Index (14) is moving above the 50-level, warming up for a positive movement.
Nevertheless, LEO/USD bulls will push the coin to cross above the 9-day and 21-day moving averages, but any bearish movement toward the south could bring the UNUS SED LEO price to a downtrend where the new investors can take advantage of investing in the coin. However, the support levels for LEO/USD can be located at $3.6, $3.4, and $3.2, while the resistance levels lie at $4.5, $4.7, and $4.9.
LEO/USD Medium-term Trend: Ranging (4H Chart)
The UNUS SED LEO is moving above the 9-day and 21-day moving averages as the coin prepares for the upside. However, the nearest resistance could be set near the channel’s upper boundary for the market price to touch the nearest resistance level of $4.05.
However, if the UNUS SED LEO price slides below the 9-day moving average, it can create a new low, and crossing below the lower boundary of the channel could hit the support level of $3.85 and below. Meanwhile, as the technical indicator, Relative Strength Index (14) moves above the 50-level, the market will form a new trend and could hit the resistance level at $4.10 and above.
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