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LEO price prediction suggests that the LEO token is under bears hold.
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On the daily chart, LEO price is down by 0.74% in the last 7 days.
LEO price prediction indicates that bears have a keen watch over the price as it heads toward the supply zone. The LEO price is steadily approaching its crucial immediate support near a confluence of 50 and 100 EMA. There is a significant selling pressure near $4.200, the LEO token has attempted to break above this crucial resistance zone thrice facing rejection each time. Though the buyers are still persistent in their attempts.
The price of the LEO token is taking a reversal from its resistance despite the bull’s attempt to make a breakout. The price will require fierce support from the buyers in order to make a break, even if the present trend is bearish. As past attempts have not yielded the desired result for the buyers, the probability of a breakout is not very feasible. At present it can make a slight 4 –
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