LEO Token (LEO) holds the 24th position on CoinGecko right now. LEO price prediction 2022 is explained below with a daily time frame.
The above chart of LEO Token (LEO) laid out a falling wedge pattern.In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing.
From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, LEO Token (LEO) is in the range of $4.140. If the pattern continues, the price of LEO might reach the resistance levels of $4.822, and $5.931. If the trend reverses, then the price of LEO may fall to $4.064.
LEO Token (LEO) Support and Resistance Levels
Resistance Level 1 $4.669 Resistance Level 2 $5.599 Resistance Level 3 $6.468 Support Level 1 $3.997 Support Level 2 $3.369