Is LEO forming a Support Level or a Resistance Wall ?

LEO price has pulled back a bit since my last blog 2 weeks ago.
@fjworld/leo-token-up-a-bit-from-3-month-low

As mentioned before, I have been trading and accumulating from my pepEntropy account and transferring to my personal account. I now have 1,000 tokens staked and ready to engage some more to see what level of earnings I can generate from my LEO related activities.

Based on the price boost 2 weeks ago, I had anticipated the possibility of a 20% price increase but that has not happened. The price of Hive did move up a bit, from around 0.23 to 0.26 and the US$ is still under pressure when compared to other major currencies. However, these factors were not significant in moving the price of a LEO token.

Previous Forecast

I suspect some trading will happen below 0.067 and I am not certain that we will be trading near 0.08 in the next 7 days.

We did see some trading near 0.062 with no strong indication to trade above 0.08 and I am not surprised.

Next Week

I am not seeing strong indication of upward movement in price nor much pressure for the price to decline rapidly but there could be some trickle down in price movement. So its a hold as per trading and thus time to focus more on earning from engagement.

That's it for now, so wishing you all the best.

May Positive pepEntropy be with you.