LEO Crypto Appears Geared for Upside; Can Its Price Boost Next?

LEO Crypto Appears Geared for Upside; Can Its Price Boost Next?
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The recent volume increase and social media activity indicate growing popularity.
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Active addresses fluctuated but have been increasing recently.
In the LEO crypto, the price was in a consolidating range between $3.50 and $4.20, which has demonstrated a tough battle between bulls and bears. The bears lost their ground in the last week of April 2024, and bulls gained attraction on the daily chart, which led the price to fly solidly up to the $6.20 price mark.
However, the price resisted at the top price level, failing to exceed the supply. Instead, it started consolidating in a range. Furthermore, the price developed a quick pullback in the first week of April, which was a sign of a liquidity grab on the chart.
Since the LEO price is above the $5.50 support level, the 20-day and 50-day EMA bands’ dynamic support bands make the crypto bullish. Likewise, the MACD has started converging, and a bullish cross is anticipated next, as the MACD

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