UNUS SED LEO – Where to Now?

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According to coinmarketcap, the total supply of LEO is around 985M LEO and the circulating supply is around 953M LEO. It holds the 52nd rank according to market cap and has a market dominance of about 0.13%.

At the time of writing LEO is being traded at the price of $3.24 with a decrease of almost 7.76% in the last 24 hours. LEO is a really strong token fundamentally. The maximum and minimum today are $3.55 and $3.28 respectively. The daily trading volume has decreased by almost 11.96%. LEO had created its ATH in May 2021 and reached a price of almost $4.03. The price later dropped down to a price of almost $2.060. Since then the price started moving upwards and has been on the same trajectory since then. The past two months have been bullish. In October, we saw an increase of about 12.62% and in November, it was around 4.63%.

Technical Analysis – UNUS SED LEO (LEO)

LEO a few days back was dropping and printing lower low. Soon after, the price had a reversal. During this reversal, the price showed an impulsive move upwards. This move created an order block that remain unmitigated. The price increased continuously for a few days with good momentous candles. Soon after that, the price went into consolidation.

LEO - 1D

It can be seen that the order block was unmitigated for a long period of time. A few days after the consolidation, the price dropped down and mitigated the order block. Within a few days, the price was back in the range and consolidating again.

Soon after the price has broken out of the consolidation zone. Now we can expect the price to rise up and then drop down to mitigate the middle level of the consolidation zone. After that, we can expect the price to rise again. Possible longs can be taken from this point. Invalidation of this case would be price dropping down and closing below to show a possible fakeout.

Price Prediction – UNUS SED LEO (LEO)

According to wallet investors, LEO is a good investment and is providing a great return. According to them, LEO is supposed to reach the value of $39.060 in a single year and in five years the price is expected to reach a value of $99.607. But people who trade are quite optimistic about the price and think that it would reach quite a high value.

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