LEO rose to a six-week excessive on Wednesday, as costs rallied for a fifth consecutive session. The transfer got here because the token raced previous a key resistance degree, on its technique to at this time’s peak. Close to protocol was one other notable gainer, climbing for a 3rd straight day.
UNUS SED LEO (LEO)
Unus Sed Leo (LEO) was one of many massive movers in at this time’s session, because the token rose for a fifth consecutive day.
Following a low of $5.33 on Tuesday, the token raced to an intraday peak of $5.68 earlier within the day.
The transfer noticed LEO/USD climb previous its resistance level at $5.40, on its technique to its highest level since July 10.
As seen from the chart, at this time’s surge took LEO shut to a different value ceiling on the $5.70 degree, nevertheless, bullish momentum pale because the session matured.
Presently, the LEO is buying and selling at $5.64, which is marginally under earlier highs, and comes because the relative power index (RSI) approaches its personal impediment.
The index is monitoring at 65.10 as of writing, which is near a ceiling of 66.50. Ought to we see this resistance sustained, costs will seemingly decline.
Close to Protocol (NEAR)
Like LEO, close to protocol (NEAR) additionally prolonged latest good points on Wednesday, as costs moved larger for a 3rd straight day.
NEAR/USD surged on hump-day hitting a excessive of $4.42, which is its strongest level since August 25.
This one-week excessive comes as costs broke out of a $4.00 resistance level, two days after buying and selling on the help of $3.70.
As of writing, the token is now at $4.40, which is over 7% larger than yesterday’s low, and comes because the RSI has risen to a two-week peak of 47.50.
Honing in on the chart, you possibly can see that this upwards momentum has altered the route of the 10-day shifting common (purple), which is now trending sideways.
Ought to relative power transfer past an upcoming ceiling at 49.00, it’s seemingly we’ll see NEAR hit $4.50.
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