LEO
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#LEO It's been a long time since I've seen a chart where the "bulls" are fighting so fiercely with the "bears." This battle is happening as the bulls attempt to break through the 6.20 level. If they succeed, another strong resistance awaits them at 8.30, corresponding to its ATH. For now, we need to keep a close eye on the 6.20 level and consider the support between 5.60 and 5.50.
It's also worth noting that many cryptos are testing and even surpassing their highs, which is a good sign for the future.
Watch the market sentiment as well. A very high level of confidence could mean less strength to break through these resistances. When many traders believe something will happen, often the opposite occurs.
Currently, the greed level stands at 74 out of 100, which means there's still strength to attack the resistances.
#TechnicalAnalysis
It's also worth noting that many cryptos are testing and even surpassing their highs, which is a good sign for the future.
Watch the market sentiment as well. A very high level of confidence could mean less strength to break through these resistances. When many traders believe something will happen, often the opposite occurs.
Currently, the greed level stands at 74 out of 100, which means there's still strength to attack the resistances.
#TechnicalAnalysis
LEOUSD targeting now $9.00 on the second cyclical rally.
UNUSD SED LEO (LEOUSD) has completed the 6-month consolidation by making a Higher High. As it trades now above both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line), it looks now ready to start the 2nd rally of the Bull Cycle.
In the previous Bull Cycle (2020 - 2022), the two major rallies were almost of the same % rise (+194.50% and +198.50% respectively). Since the December 2023 - March 2024 rally peaked after a +72.26% rise, it is technically justified to assume at least a similar Bullish Leg based on the pattern.
As a result, we are expecting at least $9.00 by early 2025.
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#UnusSedLEO #LEOUSD #LEO #signals #Cryptosignals
In the previous Bull Cycle (2020 - 2022), the two major rallies were almost of the same % rise (+194.50% and +198.50% respectively). Since the December 2023 - March 2024 rally peaked after a +72.26% rise, it is technically justified to assume at least a similar Bullish Leg based on the pattern.
As a result, we are expecting at least $9.00 by early 2025.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#UnusSedLEO #LEOUSD #LEO #signals #Cryptosignals
#LEO looking strong! 💪 After a brief dip the price is back on the rise and currently trading at $5.757 with a +1.44% increase.
The MACD is showing a positive crossover and the RSI is hovering around the neutral zone.
While the overall trend is still bullish it's important to monitor the support levels at $5.635 and $5.648.
#US_Job_Market_Slowdown #VanEck_SOL_ETFS #BinanceTournament #SOFR_Spike
The MACD is showing a positive crossover and the RSI is hovering around the neutral zone.
While the overall trend is still bullish it's important to monitor the support levels at $5.635 and $5.648.
#US_Job_Market_Slowdown #VanEck_SOL_ETFS #BinanceTournament #SOFR_Spike
These 5 altcoins are preparing for the bull: They stood firm!
1- Lido DAO (LDO)
LDO, one of the first cryptocurrencies that comes to mind when Ethereum is mentioned, increased by 3.30 percent in the last 24 hours. #LDO , which exhibited an upward movement in response to the retreat in BTC, gave confidence both on parity and ETH basis. If ETH recovers, even higher levels can be targeted for LDO.
2- Tron (TRX)
#TRX , which has attracted attention with its solid stance in recent days, has achieved a 2 percent increase in a short time. The popular coin, which came to the fore with Justin Sun, seems to be on the agenda for a while longer.
3- THORChain (RUNE)
#RUNE , which was not affected much by the downward movements in Bitcoin, gained upward momentum again. The altcoin, which gained 1.80 percent in value in the last 24 hours, made its ecosystem and investors happy. Especially in altcoin bulls, RUNE may stand out as a project that can make a difference.
4- Unus Sed Leo (LEO)
LEO, known for its inverse pricing to BTC, did not surprise this time either. LEO, which knows how to rise while Bitcoin is losing value, ranked fourth on the list with an increase of 1.60 percent. #LEO investors are eagerly awaiting the next price moves.
5- Ethena (ENA)
ENA, one of Binance's latest launchpools, managed to increase slightly by challenging Bitcoin. A dollar band continues to act as resistance for the popular altcoin, which has increased by 0.50 percent in the last 24 hours. If #ENA exceeds one dollar, volatile movements may be observed in the parity.
$TRX $RUNE $LDO
1- Lido DAO (LDO)
LDO, one of the first cryptocurrencies that comes to mind when Ethereum is mentioned, increased by 3.30 percent in the last 24 hours. #LDO , which exhibited an upward movement in response to the retreat in BTC, gave confidence both on parity and ETH basis. If ETH recovers, even higher levels can be targeted for LDO.
2- Tron (TRX)
#TRX , which has attracted attention with its solid stance in recent days, has achieved a 2 percent increase in a short time. The popular coin, which came to the fore with Justin Sun, seems to be on the agenda for a while longer.
3- THORChain (RUNE)
#RUNE , which was not affected much by the downward movements in Bitcoin, gained upward momentum again. The altcoin, which gained 1.80 percent in value in the last 24 hours, made its ecosystem and investors happy. Especially in altcoin bulls, RUNE may stand out as a project that can make a difference.
4- Unus Sed Leo (LEO)
LEO, known for its inverse pricing to BTC, did not surprise this time either. LEO, which knows how to rise while Bitcoin is losing value, ranked fourth on the list with an increase of 1.60 percent. #LEO investors are eagerly awaiting the next price moves.
5- Ethena (ENA)
ENA, one of Binance's latest launchpools, managed to increase slightly by challenging Bitcoin. A dollar band continues to act as resistance for the popular altcoin, which has increased by 0.50 percent in the last 24 hours. If #ENA exceeds one dollar, volatile movements may be observed in the parity.
$TRX $RUNE $LDO
UNUS SED LEO ( #LEO )
Current Price: $6.05
Trend: Slight bullish.
TP: $6.50SL: $5.90
Target: $7.00
Analysis: LEO has shown resilience with low volatility.
Entry near $6.00 with a target towards $7.00 might yield gains if the bullish sentiment holds, particularly if it can sustain levels above $6.30.
#USNFPCooldown #OctoberCryptoFundingSurge #EthereumWhitepaper #TetherAEDLaunch
Current Price: $6.05
Trend: Slight bullish.
TP: $6.50SL: $5.90
Target: $7.00
Analysis: LEO has shown resilience with low volatility.
Entry near $6.00 with a target towards $7.00 might yield gains if the bullish sentiment holds, particularly if it can sustain levels above $6.30.
#USNFPCooldown #OctoberCryptoFundingSurge #EthereumWhitepaper #TetherAEDLaunch
🔥🔥🔥 #LEO Price Soars As #Bitfinex. Could Soon Reclaim $BTC From 2016 Hack
LEO Price Soars After US Government's Statement on Bitfinex Bitcoin Hack Compensation
- The price of LEO has surged following news that the US government considers Bitfinex to be the sole entity eligible for compensation related to the 2016 Bitcoin hack. As the utility token of the Bitfinex ecosystem, LEO has seen a price boost amid this potential recovery.
LEO Price Spikes on Bitfinex's Potential Bitcoin Recovery
- LEO’s price climbed to a monthly high of $6.50 after a recent US government filing suggested that Bitfinex may soon recover part of the Bitcoin lost in the 2016 hack. Court documents indicate that the government does not recognize any other party besides Bitfinex as a victim under the Crime Victims’ Rights Act and the Mandatory Victims Restitution Act (MVRA).
- This development stems from the case against Ilya Lichtenstein, who was arrested for allegedly laundering the stolen bitcoins. Since his arrest in 2022, the US government seized 94,643 BTC from him. With the latest filing, Bitfinex could potentially reclaim these bitcoins, currently valued at around $5.8 billion.
- Bitfinex has previously received funds from US authorities. In 2023, the exchange announced it had reclaimed $312,219.71 in cash and 6.917 BCH from the Department of Homeland Security (DHS) as part of ongoing recovery efforts.
How Could This Impact Bitcoin Prices?
- If Bitfinex recovers the bitcoins, concerns may arise about how it handles the funds and their impact on Bitcoin's price. Bitfinex might use the recovered BTC to redeem Recovery Right Tokens (RRTs) issued after the 2016 breach. Meanwhile, the US government may sell 69,370 BTC following a Supreme Court decision, but an immediate sale is unlikely due to pending processes.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareBTC #
LEO Price Soars After US Government's Statement on Bitfinex Bitcoin Hack Compensation
- The price of LEO has surged following news that the US government considers Bitfinex to be the sole entity eligible for compensation related to the 2016 Bitcoin hack. As the utility token of the Bitfinex ecosystem, LEO has seen a price boost amid this potential recovery.
LEO Price Spikes on Bitfinex's Potential Bitcoin Recovery
- LEO’s price climbed to a monthly high of $6.50 after a recent US government filing suggested that Bitfinex may soon recover part of the Bitcoin lost in the 2016 hack. Court documents indicate that the government does not recognize any other party besides Bitfinex as a victim under the Crime Victims’ Rights Act and the Mandatory Victims Restitution Act (MVRA).
- This development stems from the case against Ilya Lichtenstein, who was arrested for allegedly laundering the stolen bitcoins. Since his arrest in 2022, the US government seized 94,643 BTC from him. With the latest filing, Bitfinex could potentially reclaim these bitcoins, currently valued at around $5.8 billion.
- Bitfinex has previously received funds from US authorities. In 2023, the exchange announced it had reclaimed $312,219.71 in cash and 6.917 BCH from the Department of Homeland Security (DHS) as part of ongoing recovery efforts.
How Could This Impact Bitcoin Prices?
- If Bitfinex recovers the bitcoins, concerns may arise about how it handles the funds and their impact on Bitcoin's price. Bitfinex might use the recovered BTC to redeem Recovery Right Tokens (RRTs) issued after the 2016 breach. Meanwhile, the US government may sell 69,370 BTC following a Supreme Court decision, but an immediate sale is unlikely due to pending processes.
Source - coingape.com
#CryptoMarketTrend #BinanceSquareBTC #