LBLOCK Breaks Eyed Resistance and Keeps Moving Higher

Lucky Block V1: October 30th, 2022

Lucky Block V1 has progressed significantly even after it broke the $0.0002130 resistance. LBLOCK V1 price action is now eying higher resistance. Affirming these are the activities emanating from trading indicators, as they stay on the positive side of further price upward move.

LBLOCK’ s Worth: $0.0002149
LBLOCK’s Market Capitalization: $8.90 Million
Lucky Block’s Flowing Supply: 40.77 billion
LBLOCK’s Total Supply: 99.6 billion
Lucky Block’s Ranking on Coinmarketcap: #5213

Key Worth Mark:
Resistance: $0.0002149, $0.0002180, $0.0002200
Support: $0.0002130, $0.0002110, $0.0002100

LBLOCK V1 Price Prediction: Lucky Block V1 Price Continues to Sail Higher

After price action in the LBLOCK V1 4-hour  market broke the $0.0002130 to the upside, indicating from technical indicators keep pointing to more upside price move. Looking at the Bollinger indicator, one can see that the latest  price candles are brushing against the upper band of the indicator. Also, the ongoing session stands in favor of buyers. In addition, since price action is now comfortably placed above the MA line, traders can anticipate price action breaking above the $0.0002200 soon. Furthermore, the Stochastic RSI continues in the overbought area even after downward forces tried to initiate a downside retracement. Consequently, this foretells that the price may continue to acquire more elevated support.

LBLOCK V1 Price Prediction: Lucky Block Price Movement Remains Focused on Reaching Above $0.0002200

Even when ln downside pressure seems to have come alive in the LBLOCK V1 hourly market trading indicators continue to predict upward price movement. Looking at this chart, we can see that the last price remains above the Moving Average line, which retains the possibility of the price resuming its upside move. Additionally, the Stochastic RSI lines have now reached the oversold zone and are now touching at the tip. Eventually, this will result in an upward crossover, and the price uptrend will gather upside momentum from here on. Consequently, this may see Lucky Block’s price moving further upwards as earlier stated.

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