LEO Price is on Great Support Line for Price Correction
LEO Price went up from 0,04 USD to 0,16 USD in this year. It is one of great performance in crypto market. After supporting by great news about LeoDex, LEO price broke up consolidation zone and entered bullish season.
I shared lots of analysis and shared this drawft below. LEO price stucked into conoslidation zone for 2 years. I said It was great time and level to pick up LEO in this zone.
After breaking up this zone, LEO Price went up as parabolic.. Price target was to hit 0,16 USD for LEO which height is equal to consolidation zone.
After bad news coming from Iran&Israel crisis crypyo market went down and this was a pretext for LEO for price correction!
Here you can see daily chart of LEO price. Price correction should be completed!
LEO price touched the top line of consoldiation zone. It worked as support..
The top line of consolidation zone is great support for LEO price. Bullish trend retest has been completed! We can go up!
MACD Indicator reversed from the top. We may see correction on Indicators. This is healthy for long term price pump. We need longterm pump and price correction help us to pump!
There is also support line on RSI Indicator. There is no problem for uptrend without seeing breaking down on support line..
LEO price entered bullish trend yet. This is only at beginning. We have much time to pump.
The way is too long. This level is great place to pick up LEO. I hope we will never see LEO price again in this level..
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Hello good analysis, yes I have noticed that the price of leo increased a little. see you later, have a great week.
Hmm! This is a very good catch and the chart looks promising, may consider adding it to my portfolio after a good DYOR while looking for some potential gems to grab an early bag on the largest derivatives trading platform.