UNUS SED LEO (LEO), Low Volatility but Falling Sunday: Is it Time to Cash Out?

Sunday, September 24, 2023 02:51 PM | InvestorsObserver Analysts

UNUS SED LEO (LEO) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Payment Tokens has fallen 3.8% to $3.7.

InvestorsObserver is giving UNUS SED LEO a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on UNUS SED LEO!

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Low Volatility

InvestorsObserver gives UNUS SED LEO a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. LEO's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

UNUS SED LEO price is trading above resistance. With support around $3.64 and resistance around $3.69. This positions UNUS SED LEO out of range and potentially in a volatile position if the rally burns out.