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UNUS SED LEO (LEO) continues its downtrend from its all-time excessive of $5.26, experiencing a decline to roughly $3 throughout the summer time.
Just lately, LEO has stabilized and garnered assist on the $3.50 stage.
As of seven:30 a.m. EST, LEO is buying and selling at $3.87, indicating a 0.23% drop over the previous 24 hours.
LEO Descending Triangle Alerts Bearish Momentum
The bulls have been grappling with the bears within the LEO worth, leading to a tug-of-war.
Nonetheless, the $3.62 assist stage has served as an anchor for the bulls, enabling them to regroup and propel the value greater to the higher boundary of the descending triangle.
Nonetheless, the latest surge in LEO is a short-term phenomenon as bears put together to drive costs down in affirmation of the descending triangle, which signifies a bearish pattern continuation.
The higher boundary of the wedge is essential. Furthermore, the value is under the 200-day shifting common, signaling that the bears keep a agency grip on LEO’s worth.
The crossover of the 50-day shifting common helps the short-term bullish outlook. Moreover, the 50 SMA instantly helps LEO’s worth, reinforcing the short-term bullish sentiment.
The relative energy index (RSI) confirms the bullish perspective because it hovers at 59, signifying LEO’s neutrality. If the bullish sentiment persists, the RSI might surge into the overbought area, reaching 70.
In mild of this evaluation, LEO is poised for a short-term bearish downswing that might propel it to the $3.23 mark.
Nonetheless, if the value springs above the 200-day shifting common, the bulls may push the value as much as $4.2.
In the meantime, the BTCBSC token is gaining momentum because it approaches its goal smooth cap. The presale worth mirrors Bitcoin’s worth in 2011 at $0.99, providing the potential for top returns.
BTCBSC Presale Promoting Out Quickly Purchase Quick
Bitcoin BSC rides on the BNB Good Chain with a crypto token centered on sustainability and safety.
The challenge presale has the potential for explosive returns for traders, that includes a presale charge of $0.99 per token, paying homage to Bitcoin’s 2011 worth.
The challenge goals to duplicate the funding growth skilled by Bitcoin throughout that interval and entice those that may need missed out on the preliminary explosion.
BTCBSC has already achieved a major milestone by elevating over $4 million out of its $6.023 million smooth cap goal, demonstrating its widespread adoption within the crypto area.
The #BitcoinBSC #Presale has achieved one other spectacular milestone, with over 4.2 million raised!🚀
We lengthen our gratitude to your entire #CryptoCommunity!
If you have not secured your $BTCBSC but, do not miss out on this chance! 💸
Be a part of immediately!https://t.co/oM0YP8IlbV pic.twitter.com/SuhaILOsHb
— Bitcoinbsc (@Bitcoinbsctoken) September 22, 2023
The presale for BTCBSC has already raised $4,341,959.82 in funds, equal to Bitcoin’s circulating provide throughout its early days.
Earn Passive Revenue, Rewards by Staking
Moreover, Bitcoin BSC allows customers to earn passive earnings by its staking program.
Like Bitcoin, which generates new blocks each 10 minutes, Bitcoin BSC rewards customers within the stake pool with BTCBSC cash throughout the similar timeframe.
🚀Immerse your self within the revolution of rewards with #BitcoinBSC!
As we mix the essence of #Bitcoin with BNB Good Chain, delivering eco-friendly staking for potential rewards.
Be a part of the #Presale, purchase $BTCBSC and welcome token-driven rewards.💸🌐https://t.co/oM0YP8IlbV pic.twitter.com/QfGWjjNiDx
— Bitcoinbsc (@Bitcoinbsctoken) September 21, 2023
In response to its tokenomics, the challenge has put aside roughly 14,455,000 tokens as rewards for staking.
Staking earnings depend upon customers’ shares within the staking pool and the out there APY, which exceeds the trade’s standard worth.
Roughly 2,196,226 1,800,091 BTCBSC tokens are staked, providing a powerful annual proportion yield (APY) of 120%.
Bitcoin BSC has launched a real-time staking dashboard to watch token holders, making certain transparency within the course of.
Moreover, the challenge has undergone thorough, good contract audits and ensures locked liquidity upon itemizing on the Uniswap DEX.
Staking presents a probably worthwhile alternative for passive earnings throughout the crypto ecosystem.
When the presale concludes, an extra 420,000 tokens (2%) might be put aside for future launch on decentralized exchanges.
BTCBSC tokens can be found at simply $0.99 per token, with 6.125 million tokens out there.
To take part within the presale, join your pockets to the BTCBSC web site and use BNB, ETH, or USDT to amass tokens.
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