Price Deduction for LBLOCK: Bulls Are Active in Lucky Block’s Market

Lucky Block: August 25, 2022

Lucky Block is about to do it again, as it appears to be poised for an Upward trend. Trading indicators are aligning to hint on one thing and one thing only, and that is the upward movement of price. Therefore as signs of a gainful market move keeps showing up, Traders should hop on and ride that trend.

Current Price of LBLOCK: $0.001948
LBLOCK’s Market Cap: $7.3 million
LBLOCK’s Moving Supply: ——
LBLOCK’s Entire Supply: 3.7 billion
LBLOCK’s Rank on Coinmarketcap: #3346

Key Price Level:
Resistance Level: $0.002000, $0.002090, $0.002150
Support Level: $0.002030, $0.001980, $0.001948

Price Analysis for LBLOCK: Bulls Are Active in Lucky Block's Market

Price Deduction for LBLOCK: Lucky Block Sure to See the Upside

Trading indicators used on the LBLOCK/USD four hours chart, are all aligning to foretell that Lucky Block price may increase very soon. Moving on, the Bollinger indicator here is currently contracting towards the last price candle on the chart. And, when this happens, it usually mean that prices of the commodity in question will trend in either Upward or downward direction. However, we have the assistance of another indicator that gives us the direction in which price will move. This is the Relative Strength Indicator, the curves of this indicator is telling that price is preparing to move upwards. The curves of this indicator has cut across each other, and is now pointing upwards below the level 40% of the indicator. Consequently, the price of this crypto may reach up to $0.002200 and above soon.

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Price Analysis for LBLOCK: Bulls Are Active in Lucky Block's Market

Price Deduction for LBLOCK: Lucky Block Price Upside Gain Starts

Looking at the LBLOCK/USD price chart, it can be seen that the price of Lucky Block has started its journey upwards. On this chart, a long bullish candle has formed above the Moving Average of this BB indicator. Consequently, this brought Lucky Block price to $0.001996. Also the RSI have also cut across each other near the 80% mark. By implication this is telling that the upward momentum is gaining ground even at this point. Therefore, Traders in this market can anticipate the mentioned price level $0.002200.

Lucky Block (LBLOCK V2): Gate.io listing has been set to be done on 25th August.

You can purchase Lucky Block here. Buy LBLOCK

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