Dacity Coin
Injective
Starknet
NEAR Protocol
Pearl
Quantus
Pump.fun
- LEO price action indicates the buyer accumulation and may reach the $5 mark soon.
- The token has rebounded from the 20-day EMA mark and signifies positive sentiments.
The LEO token price signifies bullish momentum and jumps above the $4 mark, conveying the reversal on the charts. Moreover, the token has gained momentum, and fresh buying interest has been revealed in the last sessions. The token has noted a rebound from the 50-day EMA support zone near the $4.00 mark and surged over 12% this week. However, the token is close to the supply zone of $4.60, the make-or-break region, which bulls are targeting to escape for a significant breakout.
LEO token price has escaped the key moving averages and has lifted the gains toward the neutral region. The price action favors the bulls and suggests a rise above the immediate hurdle of $4.50 shortly. Amidst the correction, the token managed the gains, and a notable pullback was witnessed in the past weeks. Per the Fib retracement levels, the token has rebounded from the 23.6% zone and is
The UNUS SED token (LEO) price was $4.41 at press time, with an intraday drop of 0.50%, showing neutrality on the charts. Moreover, the trading volume has increased by 5.42% to $6.72 Million. UNUS SED token has a monthly return ratio of 10.68% and 32.20% on a yearly basis. The pair of LEO/BTC is at 0.0000699 BTC, and the market cap is $4.05 Billion. Analysts are neutral and suggest that the LEO token price will cross the upside mark of $5 soon.
LEO Displays Buyer Accumulation: Can It Register a Breakout?
The LEO price signifies a higher high swing formation and depicts a pullback, which trapped sellers. Additionally, the token is keen to register a breakout above $4.60, which might lift the token toward $5 soon. The token witnessed buying momentum from the beginning of February and signifies a bounce.
The Relative Strength Index (RSI) curve stayed in the overbought zone and formed a positive crossover. Similarly, the MACD indicator shows a bullish crossover and displays green bars on the histogram, suggesting the bullish continuation pattern for the following sessions.
Presently, LEO crypto price is trying to crash the supply region of $4.50 to enter the bullish trajectory. A rejection candlestick in the previous session was noted, which conveys the fight between the sellers and bears.
LEO Exhibits Range Breakout: Could Bulls Succeed in Flying Above $5?
On the weekly charts, the token registered a range breakout above the hurdle of $4.10, and a much-awaited bullish move was witnessed. However, the token must continue the up move and breach the $5 mark for a significant trend reversal. The technicals are giving a bullish crossover and are suggesting bull accumulation will continue, and the token will skyrocket soon.
Summary
The LEO token price signified an up move and rebounded from the demand zone of $3.50, glimpsing bulls’ accumulation on the charts. The price action suggests that the token has climbed above the $4 mark and has the potential to reach $5 soon.
Technical Levels
Support Levels: $4.20 and $4.0
Resistance Levels:$4.70 and $5
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
