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DOGE Killer (LEASH) Price Analysis for February 20

Mon, 02/20/2023 - 15:58
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Denys Serhiichuk
Has Doge killer (LEASH) touched overbought zone yet?
DOGE Killer (LEASH) Price Analysis for February 20
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Even though some coins are in the red zone, the prices of most of the cryptocurrencies keep rising.

Top coins by CoinMarketCap


Doge killer LEASH has not followed the growth of other coins, falling by 5% over the last 24 hours.

LEASH/USD chart by TradingView

On the hourly chart, the price of LEASH has made a false breakout of the local support level at $628.7 against the increased volume. It means that this level is important for traders in terms of further moves. If the closure happens far away from that mark, there is a chance to see the correction in the zone around $660 shortly.

LEASH/USD chart by TradingView

The situation is not so clear on the daily time frame, as the price is far away from key levels. In this case, the more likely scenario is sideways trading in the wide range between the $600 and $700 marks. Furthermore, the declining volume confirms that neither bulls nor bears are ready to seize the initiative.

LEASH/USD chart by TradingView

From the midterm point of view, LEASH keeps trading below the resistance at $699.9. Until the price is below the important $700 mark, traders might see a correction so the altcoin could gain more strength for a further move.

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All in all, a decline to the $600 zone is the more likely scenario until the end of the month.

LEASH is trading at $633.9 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at