UNUS SED LEO Price Prediction Today, October 20, 2022: LEO/USDT Is Ranging

After USUS SED LEO attempted to break a strong resistance, downward forces have since then been triggered. Subsequently, it has acted on price action and this has pushed LEO/USDT price e to $4.297.

UNUS SED LEO Forecast Statistics Data:
LEO’s current price: is $4.296
LEO market cap: $3.97 billion
UNUS SED LEO circulating supply: 952.94 million
UNUS SED LEO total supply: 985.24 million
LEO Coinmarketcap ranking: #19

Major Levels:
Resistance: $4.500, $4.750, $5.000
Support: $4.296, $4.000, $3.454

UNUS SED LEO Price Prediction Today, October 20, 2022: LEO/USDT Tests a Strong Resistance

LEO/USDT generally has been trading within the price level of $4.488 and $4.013. UNUS SED LEO has been trading within this level since the close of September and price action hasn’t been able to break this level. Nevertheless, at this point, it appears as if the price candle has found more elevated support from which it could significantly break the resistance of $4.488. The last candle here can be observed as it kind of moved away from the support created by the MA line. Bolstering the possibility of reaching even higher is the fact that price action stays above the MA of the Bollinger indicator. Therefore, this implies that the uptrend may continue from this point. However. the MACD curves are still below the 0.00 level, with the faster line taking a bend towards the slower one, as the histogram grows on the positive side. If buyer eventually win this session the line will correct upwards, and price action may break the resistance of $4.488.

UNUS SED LEO Price Prediction Today, October 20, 2022: LEO/USDT Is Bouncing Lacks Strength

The LEO/USDT 4- hour chart reveals buyers may be getting exhausted. This is portrayed as price candles appears to be attempting a bounce off the floor of the Bollinger band. However, this bounce seems not to have enough strength to reach high enough. Additionally, price action is under the Moving Average line. Consequently, this implies that unless buyers comes to the rescue price action may move sideways at this point.

Finally, the MACD curves have passed under the equilibrium point of 0.00, indicating a downtrend. However, this line appears to be changing direction. It appears that little effort buyers can take control of the market. Consequently, this would initiated an upside crossover. This will happen as Price action may break the $4.488..

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