UNUS SED LEO rose to a one-week excessive on Thursday, as costs rebounded following a three-day shedding streak. One other token which rebounded in right this moment’s session was cosmos, which climbed greater following 5 straight days of declines. General, crypto markets are down 1.09% as of writing.
UNUS SED LEO (LEO)
UNUS SED LEO (LEO) rebounded on Thursday, following three straight days of decrease lows.
Following a backside of $4.73 on Wednesday, LEO/USD rallied to an intraday peak of $5.23 in right this moment’s session.
Nonetheless, Thursday’s rally got here as LEO bulls pushed costs greater, following the sooner breakout of a $4.80 help level.
LEO/USD – Day by day Chart
Immediately’s peak is the strongest level the token has hit in the final week, and comes as a ceiling was damaged throughout the relative energy index (RSI).
As of writing, the 14-day RSI is monitoring at 50.22, following a transfer previous its resistance level of 48.11.
Ought to this momentum proceed all through the week, bulls will possible take a look at exiting round a value level of $5.40 which has traditionally acted as a ceiling.
Cosmos (ATOM)
After 5 straight days of declines, cosmos (ATOM) rose greater on Thursday, because the token additionally rebounded.
ATOM/USD hit a peak of $14.75 in right this moment’s session, as bulls rejected a breakout of a key help level.
Bearish sentiment had threatened ATOM, with costs at $13.30 on Wednesday, nonetheless merchants noticed this as a chance to purchase the dip.
ATOM/USD – Day by day Chart
It was solely final Friday, September 9, that cosmos was buying and selling at a four-month excessive of $17.20, and it seems that some nonetheless consider additional highs are forward.
At the moment value energy stays in-between overbought and oversold, monitoring at some extent of 59.00.
A ceiling is at 61.00, and may this level be damaged, then we’ll possible see extra bulls reenter the market.
Register your electronic mail right here to get weekly value evaluation updates despatched to your inbox:
Will cosmos proceed to climb again in the direction of current highs this week? Tell us your ideas in the feedback.
Earlier article
ETC, RVN, ERGO Hashrate Soars Following The Merge, Massive Amount of Hashpower Awaits ETHW Fork
Subsequent article
Be a part of TRON Grand Hackathon 2022 Season three to Win $1.2M Prize Pool
Extra Fashionable Information
In Case You Missed It
Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Nicely’
The CEO of Ripple Labs says that the lawsuit introduced by the U.S. Securities and Change Fee (SEC) in opposition to him and his firm over XRP “has gone exceedingly effectively.” He careworn: “This case is essential, not only for Ripple, it’s … learn extra.
Following a Transient Payment Spike, Fuel Costs to Transfer Ethereum Drop 76% in 12 Days
Argentinian Securities Regulator Launches Innovation Hub to Talk about Regulated Crypto Investments
Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Would not Be Shocked if Shares Fell 40%
Fed’s Bullard Desires to Increase Financial institution Charge to three.5% by 12 months’s Finish, Hints at 75 Foundation Level Charge Hike
