- The worth of LEO has elevated by 2.32% within the final 24 hours.
- Previously day, LEO was additionally in a position to drop $3.478 in help.
- The technical knowledge on the LEO each day chart means that the value of LEO will proceed to rise over the subsequent 24 hours.
The worth of UNUS SED LEO (LEO) has elevated by greater than 3% within the final 24 hours in response to CoinMarketCap. At press time, the value of the altcoin is up 3.42% and buying and selling at $3.57. On high of that, LEO was additionally in a position to strengthen towards the 2 crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 6.37% and 6.95%.
The worth of LEO is presently buying and selling very near its 24-hour excessive of $3.58, suggesting that the altcoin will hit a brand new each day excessive earlier than the tip of in the present day’s buying and selling session. The 24-hour quantity for LEO has additionally elevated by 2.32% up to now 24 hours, bringing the whole each day buying and selling quantity to $648,303 at press time.
LEO value broke above the important thing resistance degree at round $3.478 within the final 24 hours and seemed to do the identical with the resistance degree at $3.584. Though the value of the altcoin was in a position to break above the $3.584 mark, it was unable to show the extent into help and fell again to commerce under the extent at press time.
Technical indicators on LEO’s each day chart recommend that the altcoin’s value has entered a short-term bullish cycle, with the 9-day EMA crossing larger above the 20-day EMA final Wednesday.
Moreover, the each day RSI for LEO is presently buying and selling above the each day RSI SMA and is positively sloping in the direction of overbought territory at press time. This implies that the value of LEO will rise within the subsequent 24-48 hours. If the value of LEO closes in the present day’s buying and selling session above $3.584, then this bullish thesis shall be validated and LEO shall be trying to attain round $3.68.
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