The price of LEO has risen a nice chunk in 2024 as the eco-system continues to grow and the crypto bull market rolls on.
It is worth taking a look at where price is historically. Much to my surprise, the LEO token is near a 2 year high.
Last time we saw price knocking on 10 cent was in May of 2022.
That is a solid bottoming....
Looking at the chart above I see the 3 to 6 cents range has basically become a foundation like bottom and now we are creeping up and when I look to the left it looks like a cup and handle pattern is beginning to form.
Consolidation at this 9 to 10 cent area would actually be constructive price action, even though we all would love to see it move.
There are catalysts for this though, with LEO hitting thorchain thanks to the maya protocol.
Man it is gonna be sweet when we can swap in and out of leo for coins like bitcoin easily.
Posted Using InLeo Alpha