UNUS SED LEO Price Prediction: LEO/USD Could Move Higher as Price Hits $3.99 Level
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UNUS SED LEO Price Prediction – December 2
Looking at the daily chart, the UNUS SED LEO (LEO) price prediction is showing positive signs, and it is likely to accelerate further.
LEO/USD Long-term Trend: Bullish (Daily Chart)
Key levels:
Resistance Levels: $4.20, $4.30, $4.30
Support Levels: $3.80, $3.70, $3.60
According to the daily chart, LEO/USD touches the daily high at $3.99. The coin is aiming to cross above the 9-day and 21-day moving averages to create additional gains. Moreover, if the buyers increase the pressure, it is for LEO/USD to touch the resistance level of $4.0.
UNUS SED LEO Price Prediction: LEO Price Sets For the Upside
The UNUS SED LEO price is trading comfortably within the channel as it moves toward the upper boundary of the channel establishing a new bullish signal. At the moment, one could say that the long-term outlook may favor the bulls if the current market value closes above the 9-day and 21-day moving averages. Any further bullish movement near the upper boundary of the channel may locate the resistance levels at $4.20, $4.30, and $4.30.
On the contrary, if the coin decides to face the lower boundary of the channel, any bearish cross below this barrier could lead to declines in the critical support. However, in case LEO drops and touches the low of $3.85 support, then the coin can rely on the long-term support levels at $3.80, $3.70, and $3.60.
LEO/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the UNUS SED LEO price is seen trading around the 9-day moving average at $3.99. However, the bulls may have to push the coin above the 21-day moving average to maintain its bullish movement. Nonetheless, the coin is likely to move sideways before creating additional gains.
On the contrary, LEO may take a downward move if the bulls fail to push the price higher, and the coin could breach the lower boundary of the channel, which could reach support at $3.80 and below. Nevertheless, if the bulls find a decent resistance level above the moving averages, the coin may locate the resistance level of $4.20 and above.
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