UNUS SED LEO Price Prediction: LEO/USD Ready to Reclaim $4.23 Resistance
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UNUS SED LEO Price Prediction – February 22
The UNUS SED LEO price prediction shows that LEO keeps trading around $4.14, and the bulls are ready to push the coin to hit $4.3 level.
LEO/USD Long-term Trend: Ranging (Daily Chart)
Key levels:
Resistance Levels: $4.35, $4.45, $4.55
Support Levels: $3.90, $3.80, $3.70
LEO/USD will follow a bullish movement as the coin hovers within the 9-day and 21-day moving averages. At the beginning of today’s trading, the UNUS SED LEO price sees a slight rise toward the upside, and the UNUS SED LEO price hits the daily high at $4.23.
UNUS SED LEO Price Prediction: LEO Price Will Face the Upside
The UNUS SED LEO price is seen retracing and within the 9-day and 21-day moving averages as the market price prepares for the upside. However, any bullish cross above the previous daily at $4.23 will increase the current market value to reach the nearest resistance at $4.30. Meanwhile, the buyers may locate the potential resistance levels at $4.35, $4.45, and $4.55 if the bulls put in more effort.
In the meantime, if the resistance level of $4.20 fails to hold, it may reverse and face the support level of $4.10, further increase in the bears’ pressure may bring down the price below the lower boundary of the channel, and this could cause the coin to hit the support levels at $3.90, $3.80, and $3.70 respectively. Moreover, the 9-day moving average is above the 21-day moving average, suggesting bullish movement.
LEO/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the UNUS SED LEO price is hovering below the 9-day and 21-day moving averages at $4.14. The bulls can push the price toward the upper boundary of the channel if they increase the buying pressure but any bearish movement toward the lower boundary of the channel could bring the coin to the support level of $3.95 and below.
Moreover, if the UNUS SED LEO price finds a decent resistance level at $4.20 level, it will head to the north, which could hit the resistance level of $4.35 and above. At the moment, the 9-day moving average may follow the bearish movement as it crosses below the 21-day moving average.
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