LBLOCK Maintains Its Pursuit of Higher Resistance

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Lucky Block: September 1st, 2022

Over the past 24 hours, LBLOCK has surpassed forecast, as its value rose beyond the predicted $0.002500 price level. And, after facing some rejection higher resistance, this crypto has been able to recover strong support above $0.002120. And, at the time of writing, indicators portray that this crypto has resumed its movement towards higher levels.

LBLOCK’s Current Value $0.002124
LBLOCK’S’s Market Cap: $5.9 million
LBLOCK’s Moving Supply: ——
LBLOCK’s Overall Supply: 3.65 billion
LBLOCK’s Position on Coinmarketcap: #2980

Key Value Marks:
Upper Value Level: $0.002130, $0.002158, $0.002200
Lower Value Level: $0.002150, $0.002124, $0.002111

Lucky Block’s Price Analysis: LBLOCK Recovers Above $0.002120

After LBLOCK/USD price action face a rejection at higher resistance this crypto has been able to resist falling below decent support of $0.002120. Also, applied trading indicators are now predicting that some profitable moves towards higher price levels are about to occur. At first, we can see that price activity stands at the MA line of the Bollinger indicator, this portrays that Lucky Block’s value can still rise From here. Furthermore, the Stochastic RSI at this point has reached the oversold area. Also, this Indicator is showing that an uptrend is on the rise, as its lines are about to cross. Eventually, the crossing of these lines will eventually indicate an uptrend, and LBLOCK’S price will rise. Therefore, price may reach as high as $0.002500 once more.

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Lucky Block's Price Analysis: LBLOCK Maintains Its Pursuit of Higher Resistance

Lucky Block’s Price Analysis: Lucky Blocks is on Its Way Back Up!

Studying the LBLOCK/USD hourly chart, we can see that value of this crypto is already rising. Consequently, this portrays how active the Lucky Block market is. Furthermore, price action on this chart is getting closer to the MA line of the BB indicator. And at this pace, the price will soon reach beyond the MA, and this will open the window for an additional rise in value. Additionally, the RSI curve is on its way up and about to touch the tip. And, going by how fast value is rising this line is likely to separate and resume its journey upwards. Therefore, traders should enter this market since signs coming from indicators are pointing to a value increase.

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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