LBLOCK Bulls Stays in the Fight

LBLOCK: October 17th, 2022

After Lucky Block’s price surpassed the $0.0002100 level and subsequently obtained support above the $0.0002150, it appears as if some downside forces were triggered. Consequently, this has caused price action to stay at the $0.0002166 level. But it appears that the bulls in this market aren’t giving up, as they keep fighting the headwind.

Current Price of LBLOCK: $0.0002166
Market Cap of LBLOCK: $0.79 million
Lucky Block Flowing Supply: —–
Total Supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking for Lucky Block: #4762

Major Price Marks:
Top Marks: $0.0002170, $0.0002200, $0.0002210
Bottom Marks: $0.0002166, $0.0002140, $0.0002130

Lucky Block Price Prediction: LBLOCK Aiming Higher From $0.0002160

Finally, price action on the LBLOCK/USDT 4-hour chart seems to have gained a foothold above the $0.00021600 price level. This can be seen as price candles now Recline above the 78.60 Fibonacci level. Also, this level is high above the MA line of the used Bollinger indicator. Furthermore, the Stochastic RSI curves remain in the overbought region above the 70% level. Eventually, this seems to be confirming that this market is aiming higher. Therefore traders can anticipate that this Market will soon break above $0.0002280 as buyers continue to acquire more upward momentum.

Lucky Block Price Prediction: LBLOCK Plans to Slingshot Upwards

Studying the LBLOCK/USDT hourly market, we can see that technical indicators are indicating that a significant price movement is about to occur. The Bollinger band on this chart can be observed to be narrowing lately, as price candles curdle around the MA. Also, the Stochastic curves have crossed each other in the oversold region. Consequently, this signifies that an upside move is in the making. With the explosion of price action to the upside as portrayed on the Bollinger indicator price action may break the previously mentioned levels to the upside. Buying now will then be profitable.

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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