Unus sed leo is one of the few gainers on Tuesday Were people, as the cryptocurrency market traded mostly low. Meanwhile, the avalanche was trading lower as the price retreated from the highs of recent weeks.
Unus Sed Leo (LEO)
Unus Sed Leo (LEO) was one of the few tokens to gain on Tuesday, with prices rebounding from recent declines.
Following week-first lows of $3.78, LEO/USD rose to an intraday peak of $3.94 earlier in the day.
This is after the bears failed to break out of his $3.75 major low on Monday.
chart, the price rebound has been driven by his 14-day Relative Strength Index (RSI) or , bounces off its own support. The
Index rose from the 43.50 mark low on Monday and is currently tracking 49.12 at the time of writing.
This is the highest price strength has reached in over a week for him, approaching the 50.00 cap in the process.
Avalanche (AVAX)
Meanwhile, Avalanche (AVAX) is one of many cryptocurrencies that fell during Tuesday’s session.
AVAX/USD hit a low at $13.48 earlier in the day, less than 24 hours after peaking at $14.31.
Monday’s high was the strongest point at which Avalanche traded since November 10, when the price crossed $15.00.
Today’s change in sentiment sees the 10-day (red) moving average making an upward crossover. It happens even though it’s moving whereas blue is moving. 25 days on average.
Traders are likely to attempt a breakout of $14.40 in the coming days.
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