LEO/USD maintains a strong bearish market. Even recently the resulting price of the last candles appears very close to the lower limits as it moves towards the downside. At this point, traders need to know what could be expected next from this market.
LEO Speculation Statistics Data:
UNUS SED LEO’s current price: is $4.1420
UNUS SED LEO’S market cap: $3.90 billion
LEO’s circulating supply: 953.95 million
UNUS SED LEOs total supply: 985.24 million
LEOs Coinmarketcap ranking: #22
Important Value Marks:
Top Levels: $4.1420, $4.2216, $4.300
Bottom Levels: $4.1200, $4.1100, $4.0000
UNUS SED LEO Price Increase Looks Unlikely, Excitement Trails Tamadoge Listing on OKX
Price candles on the LEO/USD chart look stuck to the lower limit of the Bollinger indicator. And, this makes it look unready for a tangible price move. Here the lower band of the Bollinger band has been so much pushed. Even though the most recent candle on this chart is a bullish one, the MACD indicator lines aren’t affected by this. This can be seen as the lines of this Indicator continues a generally downward path. Even, in more recent terms, the MACD faster curve looked more divergent from the slower one as it moves downward. Going by the activities on the MACD Indicator, we can anticipate that the UNUS SED LEO price will progress further downwards to around $4.00. Since this level may prove to be strong support as it is this 100 Fib level.
USNUS SED LEO Price Deduction: The General Downtrend May Continue LEO/USD Market
The last two price candles on the LEO/USD four-hour chart are small bullish ones, with one forming a bit higher than the previous one. However, the Bollinger indicator appears to be getting narrower, as if to be preparing for a decisive price trend.
Your capital is at risk.
At this stage, the MACD indicator lines are intertwined under the 0.00 mark. Consequently, this is revealing the Indecision that has set into this market. Therefore, it is likely that this noticed little Increase in price may only be a minor pullback before the general downtrend trend continues. Nevertheless, we may be at the end of the general downtrend since the price is now closer to the 100 Fibonacci level. Subsequently, traders may have anticipated this level as a buying level, should this be so the price may move upwards from here, as significant traction will be gained, and UNUS SED LEO’s price may move towards $4.00.
In other altcoin news Tamadoge, a deflationary meme coin and ERC-20 token, will have its initial coin offering (IDO) on OKX. TAMA is set to list at $0.03 on Sept 27th.”
Tamadoge – Play to Earn Meme Coin
- Earn TAMA in Battles With Doge Pets
- Capped Supply of 2 Bn, Token Burn
- Presale Raised $19 Million in Under Two Months
- Upcoming ICO on OKX Exchange
