LEO crypto slides 25%, nears 2-year low: Rebound possible ONLY IF…
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Unus Sed Leo [LEO] has emerged as the biggest loser in the market over the past 24 hours. The token, with a market capitalization of $6.26 billion, saw its value drop by 25% at press time. Market sentiment suggests that the current outlook could further accelerate the decline, with the asset at risk of falling well below levels established over the past 730 days. LEO wipes out gains LEO has wiped out its accumulated gains from the past year and has now turned negative, posting a notable deficit. The decline became more pronounced over the past 48 hours, as investors positioned against a potential rally and broadly shifted to a bearish stance. Source: CoinMarketCap Community sentiment data shows that among 30,200 investors, bullish sentiment dropped sharply from 72% on the 15th of December to just 14% at the time of writing. With a significant 58% of investors selling, the impact has been far from negligible. This pressure has already been reflected in the spot market, which has seen minimal activity over time but still recorded a $47,000 sell-off. A further decline could take shape if more investors turn bearish on the chart. How deep could the decline go? Despite the recent drop wiping out its entire 2025 gains, market analysis shows that LEO’s 2024 gains are now also at risk. The chart shows that LEO is only one demand zone away from retesting its 2024 price level. This demand zone, highlighted by a blue rectangle, acted as a consolidation area between March and November 2024. After that period of consolidation, the asset eventually broke out. Source: TradingView Typically, unfilled orders tend to remain within such zones, which could act as a potential catalyst if price retraces into this area. However, if selling momentum intensifies, LEO could extend its decline beyond…
Filed under: News - @ December 18, 2025 9:21 pm