- Bullish LEO price prediction ranges from $6.29 to $7.07.
- LEO price might also reach $10 soon.
- LEO bearish market price prediction for 2022 is $2.49.
This UNUS SED LEO (LEO) price prediction 2022 article is based on technical analysis. Below, you will see the key confluences why we arrived at our UNUS SED LEO (LEO) price analysis and prediction.
The cryptocurrency market is growing steadily and gaining momentum with the total market capitalization of all cryptocurrencies tending towards $1.885 trillion according to CoinMarketCap. The price of LEO has increased by over 174% in the past 1 year.
In this UNUS SED LEO (LEO) price analysis and price prediction, we take a look at the performance of LEO and if it will reach $10 by the end of 2022. But before that, let us look at is UNUS SED LEO (LEO)?
What is UNUS SED LEO (LEO)?
UNUS SED LEO is a utility token that’s used across the iFinex ecosystem. The unusual name is based on a Latin citation from one of Aesop’s fables. A token burn mechanism means iFinex is committed to buying back UNUS SED LEO from the market on a monthly basis. The amount that’s purchased and burned is equal to at least 27% of the revenues generated by iFinex — and tokens are also purchased at the market rate.
UNUS SED LEO was founded by iFinex after Crypto Capital, the company that processed its payments, saw part of its funds seized by the government. IFinex is the parent company of Bitfinex, which warned that it may not be possible to recover these funds. To cover the financial shortfall, it decided to launch the LEO token.
Current Market Status for UNUS SED LEO (LEO)
At the time of writing, the price of UNUS SED LEO (LEO) is $5.97 with a 24-hour trading volume of $6,800,194 and a decrease in the price of 0.47%.
The present circulating supply of LEO is 953,954,130.00 LEO. Some of the major crypto exchanges for LEO are Bitfinex, FTX, Gate.io, Digifinex, Probit Global, and others.
Now that we have seen the present status of UNUS SED LEO (LEO) in the market, let’s look at the price analysis of LEO.
UNUS SED LEO (LEO) Price Analysis 2022
UNUS SED LEO (LEO) is in the 28th position in the market capitalization of cryptocurrencies according to CoinMarketCap. It has increased by 3.9% in the past 7 days.
But will the recent changes and development in the blockchain help the digital currency price to reach higher? Let’s proceed to the charts in this LEO price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for LEO/USDT, we can deduce that the price of UNUS SED LEO might get bullish in some days since the price is almost breaking out at the first half of the channel from the bottom though seems to be consolidating. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 54.60. This shows that UNUS SED LEO (LEO) is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.
From the chart above, the 200-MA is below the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are below the recently formed candlesticks, the price of the coin might decrease soon.
UNUS SED LEO (LEO) Price Prediction
The chart below shows that LEO has performed great over the past few days. If this trend continues, UNUS SED LEO might run along with the bulls, overtaking its $6.29 resistance1 level and climbing higher to $7.07 at the resistance2 level, the 2022 bullish signal.
Conversely, if the investors turn against the crypto, the bears might take over and dethrone UNUS SED LEO (LEO) from its uptrend position. In simpler terms, the price of LEO might plummet to almost $2.49, a bearish signal.
Meanwhile, our long-term UNUS SED LEO) price prediction 2022 is bullish. It has a low possibility of surpassing its current all-time-high (ATH) at about $4.99 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.
UNUS SED LEO (LEO) Price Prediction 2022
If this bullish trend continues, UNUS SED LEO will reach $7.07 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $6.29. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $10 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
UNUS SED LEO (LEO) Price Prediction 2023
The price of UNUS SED LEO (LEO) can move even great heights, however reaching $20 Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency LEO breaks past the psychological resistance level.
UNUS SED LEO (LEO) Price Prediction 2024
The price of UNUS SED LEO (LEO) can move even great heights, however reaching $50 Moreover, this is possible only if the market maintains its bullish trend. In addition, only if the cryptocurrency LEO breaks past the psychological resistance level.
UNUS SED LEO (LEO) Price Prediction 2025
In the next four years, LEO prices could race up to $80. However, reaching this level could not be so difficult for UNUS SED LEO as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that LEO has a high possibility of reaching a new ATH soon in the next four years as per the prediction.
UNUS SED LEO (LEO) Price Prediction 2026
As per the latest upgrades, developments, UNUS SED LEO (LEO) price prediction, and new project forecasts of the platform. Moreover, this might boost the price of LEO in the crypto market, and it will be the best investment as the price can spike and reach around $100.
Conclusion
UNUS SED LEO has a bright future ahead of it from 2022 to 2026. With ongoing developments happening within the Audius ecosystem, as well as in the overall crypto market, we may see LEO reach new heights.
Meanwhile, our long-term UNUS SED LEO (SED) price prediction 2022 is bullish. In addition, it has a high possibility of surpassing over $7.07 and may reach above $10 this year. However, that will only happen if it breaks past many psychological resistances.
As said above, UNUS SED LEO may even reach $4 if investors have decided that LEO is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
UNUS SED LEO is a utility token that’s used across the iFinex ecosystem. The unusual name is based on a Latin citation from one of Aesop’s fables.
Like other digital assets in the crypto world, LEO can be traded on many exchanges. Users can obtain UNUS SED LEO tokens by purchasing them from cryptocurrency exchanges such as Bitfinex, Digifinex, Gate.io, and others.
LEO is considered one of the top-rising cryptocurrencies this year. It is a good investment in 2022. However, crypto traders need to take extra care when trading in cryptocurrencies, as they are highly volatile.
Yes, for as long as the investors and the bullish market continue to side with the crypto.
LEO price may reach $10 in this year if the crypto keeps pumping its growth rate.
LEO is one of the active digital assets in the crypto market. With more interest in lending and saving protocols, its price will surely surge.
LEO price is expected to reach between $6.29 and $7.07 by 2022.
UNUS SED LEO (LEO) price is expected to reach $20 by 2023.
UNUS SED LEO (LEO) price is expected to reach $50 by 2024.
UNUS SED LEO (LEO) price is expected to reach $80 by 2025.
UNUS SED LEO (LEO) price is expected to reach $100 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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