Bitcoin
BTC$62 538.82

4.26%

Ethereum
ETH$3 337.33

4.27%

Tether
USDT$1.000431

-0.01%

Binance Coin
BNB$560.21

4.36%

Solana
SOL$151.78

4.46%

USD Coin
USDC$0.999957

-0.03%

UNUS SED LEO (LEO) has been correcting since making a new all-time high at $8.14


20 Feb 2022

#UNUS SED LEO

The bears pulled the price below the 50% Fibonacci retracement level at $5.74 but the bulls are aggressively defending the 20-day EMA ($5.45). The rising 20-day EMA and the RSI in the positive territory indicate that bulls have a slight edge. If buyers drive the price above $6.24, the LEO/USD pair could attempt to resume the up-move. The pair could then rise to $7.

Conversely, if bulls fail to sustain the current rebound, the bears will sense an opportunity and try to pull the pair below the 20-day EMA. If they manage to do that, the sentiment could turn bearish and the pair may slide to the 61.8% retracement level at $5.18.

The 4-hour chart shows that the pair is range-bound between $5.52 and $6.24. The 20-EMA and 50-simple moving average have flattened out and the RSI is near the midpoint, indicating a balance between supply and demand. This balance will shift in favor of the bears if they pull and sustain the price below $5.52. The pair could then drop toward the 200-SMA. Conversely, if buyers push and sustain the price above the 50-SMA, the pair could rally to $6.24. The bulls will have to clear this hurdle to signal that they are back in the driver’s seat.


Related

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72.8% 46 $62 538.82 4.26% 9.89% $1 233 633 214 996 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74.8% 49 $3 337.33 4.27% 10.02% $401 207 056 171 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $1.000431 -0.01% 0.03% $112 585 448 619 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 72.4% 47 $560.21 4.36% 9.35% $82 676 552 417 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 84.4% 29 $151.78 4.46% 8.67% $70 438 687 891 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 96% 1 $0.999957 -0.03% -0.01% $34 041 675 514 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 76.8% 37 $0.534577 0.32% 23.30% $29 832 244 844 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 87.6% 21 $7.40 0.44% 2.90% $18 561 993 879 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 72.4% 49 $0.117155 3.59% 8.30% $17 002 052 588 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 80% 35 $0.434209 0% 16.01% $15 579 847 734 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 80.8% 40 $0.138233 0.21% 10.38% $12 043 056 081 TRX 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 75.6% 44 $26.78 2.81% -0.40% $10 565 219 011 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 81.6% 37 $0.000018 2.98% 8.01% $10 503 854 213 SHIB 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 95.2% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.