- The worth of LEO rose by 2.32% within the final 24 hours.
- LEO was additionally in a position to flip $3,478 into assist within the final day.
- The technical knowledge of LEO’s day by day chart means that LEO’s worth will proceed to rise over the subsequent 24 hours.
Based on CoinMarketCap, the worth of UNUS SED LEO (LEO) has elevated by greater than 3% within the final 24 hours. At press time, the altcoin was up 3.42% and buying and selling at $3.57. As well as, LEO additionally managed to achieve towards the 2 cryptocurrency market leaders Bitcoin (BTC) and Ethereum (ETH) by 6.37% and 6.95%.
The worth of LEO is at the moment very near its 24-hour excessive of $3.58, suggesting that the altcoin will set a brand new intraday excessive by the tip of at this time’s buying and selling session. LEO’s 24-hour quantity has additionally elevated by 2.32% over the previous 24 hours, with a complete day by day buying and selling quantity of $648,303 at press time.
The worth of LEO has damaged above the important thing resistance degree of round $3.478 within the final 24 hours and appears just like the resistance degree at $3.584. Though the altcoin worth managed to interrupt above the $3,584 mark, it failed to show the extent into assist and returned to buying and selling under the extent at press time.
Technical indicators on LEO’s day by day chart counsel that the altcoin worth has entered a short-term bullish cycle, with the 9-day EMA rising above the 20-day EMA final Wednesday.
Moreover, LEO’s day by day RSI is at the moment buying and selling above the day by day RSI SMA and is positively trending towards overbought territory at press time. This means that the worth of LEO will rise within the subsequent 24-48 hours. If the worth of LEO ends at this time’s buying and selling session above $3.584, this bullish thesis might be confirmed and LEO ought to rise to round $3.68.
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