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.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 83.2% | 32 | $43 820.10 | 1.39% | 13.14% | $857 334 806 631 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ![]() |
Ethereum predictions | 77.2% | 36 | $2 361.38 | 0.41% | 12.42% | $283 880 573 853 | ||
3 | ![]() |
Tether predictions | 96% | 1 | $1.000299 | 0.02% | -0.02% | $90 362 643 646 | ||
4 | ![]() |
XRP predictions | 81.6% | 28 | $0.681118 | 5.93% | 10.95% | $36 751 390 365 | ||
5 | ![]() |
Binance Coin predictions | 85.2% | 18 | $240.90 | 3.09% | 5.40% | $36 543 180 385 | ||
6 | ![]() |
Solana predictions | 80.8% | 38 | $75.73 | 6.81% | 22.25% | $32 258 285 071 | ||
7 | ![]() |
USD Coin predictions | 90.8% | 1 | $1.000125 | 0% | 0.01% | $24 502 884 471 | ||
8 | ![]() |
Cardano predictions | 81.2% | 37 | $0.617471 | 27.74% | 59.37% | $21 808 674 474 | ||
9 | ![]() |
Dogecoin predictions | 74.4% | 53 | $0.101944 | 5.02% | 21.08% | $14 492 322 552 | ||
10 | ![]() |
Avalanche predictions | 75.6% | 50 | $32.71 | 20.35% | 48.38% | $11 963 701 556 | ||
11 | ![]() |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
12 | ![]() |
TRON predictions | 94% | 7 | $0.107625 | 1.58% | 4.25% | $9 521 831 874 | ||
13 | ![]() |
Wrapped TRON predictions | 90.4% | 7 | $0.107531 | 1.92% | 4.08% | $9 513 557 659 | ||
14 | ![]() |
Chainlink predictions | 77.6% | 38 | $16.84 | 5.42% | 6.77% | $9 377 894 789 | ||
15 | ![]() |
Polkadot predictions | 78% | 38 | $7.44 | 19.08% | 34.95% | $9 335 385 230 |
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2023 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.