Based

Resistance

Million

UNUS SED LEO

<ul class="list-ic vertical">
 <li><span>1</span> <a>LEO price is trading above the key moving averages, showcasing bullishness on the daily technical chart.</a></li>
 <li><span>2</span> <a>The crypto has risen by almost 45.64% in the last 3 months.</a></li>
</ul>
<p>Unus Sed LEO (LEO) is a utility token crafted for the Bitfinex cryptocurrency exchange network and its parent entity, iFinex’s, broader platform. It was introduced as a strategic move to navigate through pivotal financial challenges faced by the company. LEO functions as a utility token within the iFinex network and embodies the firm’s dedication to transparency and superior performance following a significant financial recovery.</p>
<p>In May 2019, iFinex unveiled the LEO token, marking a recovery phase from Bitfinex’s financial turbulence, which involved a $850 Million deficit affecting both client and corporate funds. The launch of LEO aimed to mitigate these losses and rebuild trust with the Bitfinex clientele.</p>
<h2 class="wp-block-heading" id="strong-technical-analysis-of-leo-price-crypto-strong"><strong>Technical Analysis Of LEO Price Crypto</strong></h2> 
<div class="tradingview-widget-container">
 <div class="tradingview-widget-container__widget"></div>
 <div class="tradingview-widget-copyright"><a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div>
 <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-advanced-chart.js" async>
  {
  "width": "980",
  "height": "425",
  "symbol": "BITFINEX:LEOUSD",
  "interval": "D",
  "timezone": "Etc/UTC",
  "theme": "light",
  "style": "1",
  "locale": "en",
  "enable_publishing": false,
  "allow_symbol_change": true,
  "calendar": false,
  "studies": [
    "STD;RSI",
    "STD;Supertrend"
  ],
  "support_host": "https://www.tradingview.com"
}
  </script>
</div> 
<p>The UNUS SED LEO crypto (LEO) crypto price is in bullish territory and has demonstrated bullish momentum in the past few trading sessions. Moreover, the token is sustaining gains above the key moving averages and is persistent in stretching the gains. The token has given a golden crossover and has surged over 45% in the last 3 months, replicating the bull accumulation.</p>
<p>The price of UNUS SED LEO crypto has initiated a significant bullish movement from the lower support levels, breaking above the major trendline and resulting in a surge towards the upper resistance.</p>
<p>The LEO token price has been on an uptrend, forming multiple higher-high swings and continuing its bullish rally. This reflects the stability and trust of the UNUS SED LEO community in the project.</p>
<p>The LEO asset price is currently above the 50-day and 200-day exponential moving averages, indicating bullish sentiments in the current trading session. Previously, both EMAs had a golden crossover, signifying a strong uptrend.</p>
<p>UNUS SED LEO Crypto has shown bullish strength, with daily charts indicating bullishness in crypto<a href="https://www.thecoinrepublic.com/2024/04/06/aave-price-prediction-is-aave-poised-for-an-uptrend-ahead/" target="_blank" rel="noopener noreferrer nofollow"> price</a>. Additionally, the price is trading above the major EMAs, further indicating strength for the cryptocurrency. The RSI curve is near 53, in a positive zone, with a positive outlook indicating bullish sentiment in the cryptocurrency. The MACD indicator continues to form a green band, with a bullish crossover indicating a corrective move.</p>
<h2 class="wp-block-heading" id="strong-unus-sed-leo-crypto-price-vs-volume-analysis-strong"><strong>UNUS SED LEO Crypto Price vs Volume Analysis</strong></h2> <iframe loading="lazy" title="Santiment Chart: Price (LEO), Volume (LEO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=unus-sed-leo&amp;pt=LEO&amp;df=2023-11-11T00%3A00%3A00.000Z&amp;dt=2024-04-08T18%3A29%3A59.506Z&amp;sat=shchcfg_oLNutJSH8Ng7&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bvolume_usd&amp;wax=0%3B1&amp;wc=%2326C953%3B%232845c2&amp;ws=%3B" scrolling="no"></iframe>
<p>The volume and price graph displayed that the trading volume has increased in the last few days and the price has also inclined. In the last few days, the price has grown significantly. Hence, the price is expected to grow in the long term.</p>
<h2 class="wp-block-heading" id="strong-unus-sed-leo-crypto-social-dominance-vs-social-volume-strong"><strong>UNUS SED LEO Crypto Social Dominance vs Social Volume</strong></h2> <iframe loading="lazy" title="Santiment Chart: Social Dominance (LEO), Social Volume (LEO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=unus-sed-leo&amp;pt=LEO&amp;df=2023-11-11T00%3A00%3A00.000Z&amp;dt=2024-04-08T18%3A29%3A59.506Z&amp;sat=shchcfg_oLNutJSH8Ng7&amp;emcg=1&amp;emhwm=1&amp;wm=social_dominance_total%3Bsocial_volume_total&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%2368DBF4&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p>Based on the social dominance and social volume graph, it is evident that both social dominance and social volume increased over the last few months, positively impacting the price. Additionally, the momentum of the UNUS SED LEO price may be influenced by changes in social dominance and volume dominance.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>UNUS SED LEO price prediction is bullish for the long term and suggests that the bullish momentum might continue. LEO price is within the bulls’ grip, so the probability of reaching the upper level in the upcoming weeks remains high.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p>Support Level: $5.533</p>
<p>Resistance Level: $6.195</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>It’s important to note that the views and opinions presented in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading stocks carries inherent risks, and readers should conduct their research before making any financial decisions.</p>

LEO Crypto Price Prediction: Will It Cross the $10 Mark In 2024?

Tabla de contenidos

Thecoinrepublic.com

Otros artículos publicados el 8 abr 2024

Bitcoin: A New Rise to $70,000 Raises Questions

What Are The Projects That Will Distribute Airdrops And Launch Altcoins In The Coming Days? Here ...

Multichoice is considering Canal+’s $1.9bn buyout offer

SHIB Price Analysis: Will Nexo Listing Propel SHIB To $0.0001 In April?

How Is RWA (Real World Asset) Tokenization Disrupting Industries?

5 Bitcoin-Centric Stocks to Buy Amid Recent Meltdown

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!