Biggest Movers: LEO Hits 1-Week High, ATOM Rebounds From Recent Declines
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Loading... - Mandy Hill
- 16 Sep 2022
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UNUS SED LEO rose to a one-week high on Thursday, as prices rebounded following a three-day losing streak. Another token which rebounded in today’s session was cosmos, which climbed higher following five straight days of declines. Overall, crypto market
UNUS SED LEO (LEO)
UNUS SED LEO (LEO) rebounded on Thursday, following three straight days of lower lows.
Following a bottom of $4.73 on Wednesday, LEO/USD rallied to an intraday peak of $5.23 in today’s session.
However, Thursday’s rally came as LEO bulls pushed prices higher, following the earlier breakout of a $4.80 support point.
Today’s peak is the strongest point the token has hit in the last week, and comes as a ceiling was broken within the relative strength index (RSI).
As of writing, the 14-day RSI is tracking at 50.22, following a move past its resistance point of 48.11.
Should this momentum continue throughout the week, bulls will likely look at exiting around a price point of $5.40 which has historically acted as a ceiling. Read More…
