UNUS SED LEO Price Prediction Today, November 20, 2022: LEO/USDT Is Attracting Sellers

Price activity in the LEO/USDT market has presented a successful upside retracement. Consequently, this has seen the crypto breaking above $4.157. But, unfortunately, this much success appears to be attracted selling. What can we expect in this market? Let’s take a closer look at activities and we’ll find out shortly.

UNUS SED LEO Forecast Statistics Data:
LEO’s current price: is $4.22
UNUS SED LEO’s market cap: $ 4.02 billion
LEO circulating supply:  953.95 million
LEO total supply: 985.23 million
UNUS SED LEO Coinmarketcap ranking: #18

Crucial Price Levels:
Top Level: $4.50, $4.80, $5.00
Base Levels: $4.22, $4.00, $3.90

UNUS SED LEO Price Prediction Today, November 20, 2022: LEO/USDT Stays Above 61.80 Fib Level

LEO/USDT has managed to stay above both the 9 and 21-day moving averages despite the commencement of selling in this market. The behavior of the Stochastic RSI is portraying, that the overall trend is still on. Consequently, this implies that the price may resume upside movement, going by the two technical indicators. Nevertheless, Traders will have to exercise a bit more patience to see if the price will find support at the 4.157 price level. This is because if this happens LEO’s price action may move further upwards.

UNUS SED LEO Price Prediction Today, November 20, 2022: LEO/USDT Is Fighting Headwind

Progressing to the 4-hour LEO/USDT chart It could be seen that price action is battling selling pressure. This can be seen through the appearance of a tiny bearish price candles in the recent past trading sessions. However, bringing hope to the anticipated uptrend is the appearance of a green candlestick which represents the current trading period. This implies that buyers have the chance to further advance LEO’s price. Meanwhile, the RSI curves have taken to a downward path, but are still above the 70 levels. By implication, if buyers can exert a bit of pressure, fresh upside momentum may build up. Subsequently, this may see UNUS SED LEO the price move toward the $4.50 level.

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