LBLOCK Is Resiliently Seeking the Upside

Lucky Block: October 12th, 2022

LBLOCK seems more bullish recently, judging by the numbers of the green candlestick on its chart. However, there are times when downward forces will act on price movement, nevertheless, Lucky Block’s price action has been quick to bounce back.

Current Price of LBLOCK: $0.0002051
Market Cap of LBLOCK: $0.75 million
Lucky Block Flowing Supply: —–
Total Supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking for Lucky Block: #3878

Key Price Marks:
Resistance Level: $0.0002051, $0.0002075, $0.0002105
Support Level: $0.0002035, $0.0002015, $0.0002005

Lucky Block Price Prediction: LBLOCK Prepares to Break Upwards

On the LBLOCK/USDT four-hour chart, both price candles and technical indicators are aligning to point to an upside move. Rebounding off the lower limit of the Bollinger band are three bullish candlesticks. Also, the last candle here has brought Lucky Block’s price to the same level as that of the MA of the Bollinger indicator. Furthermore, the Bollinger band is getting narrower, as we move on. Additionally, the RSI has delivered a bullish crossover in the overbought region while it was moving reluctantly to the downside. Summing up all observations from technical indicators we can expect price action in this market to break the price level of $0.0002130 soon. Traders can still enter this market even at this point.

Lucky Block Price Prediction: LBLOCK Uptrend Stays On

Observing LBLOCK/USDT hourly chart it could be seen easily that price Candles have made it above the MA of the Bollinger band. Consequently, this holds that the price may continue to rise further upwards. Also, the RSI lines too are now in the overbought region of approximately 92 and 90, however, these line hasn’t crossed each other. By implication, this foretells that price movement can still gather some more upside momentum. In conclusion traders in this market can anticipate more upside gain, judging by the signs here.

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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