Leo (LEO)
The price of LEO is still far from the January ATH of $10.33. Achieving this peak requires strong market support and investor confidence, which has been lacking in recent weeks amid volatile conditions.
The token needs to grow by 20% to return to its maximum. However, this may be difficult considering that the largest one-day gain of the altcoin this year has been only 4.47%. On the other hand, if Bitcoin surpasses the $110,000 mark, it could trigger a bullish momentum for LEO, if it can turn $9.11 into support.
If LEO breaks the support level at $8.51, the price could fall to $8.20. Such a decline would negate the optimistic forecast and likely increase selling pressure.