LBLOCK Looks Determined To Test Higher Resistance

Price Forecast for Lucky Block: LBLOCK Looks Determined To Test Higher Resistance
Price Forecast for Lucky Block: LBLOCK Looks Determined To Test Higher Resistance

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LBLOCK: 23nd of September

Price activities on Lucky Block’s chart portray determination to test elevated price levels. At this point trading indicators as well are portraying that prices in this market are set to move upwards

Lucky Block’s current worth: $0.0005146
LBLOCKs Market Cap: $1.94 Million
Lucky Blocks Moving Supply: ——
Total Supply of LBLOCK: 3.65 Billion
Coinmarketcap Ranking for Lucky Block: #3394

Important Value Mark:
Top Levels: $0.0005155, $0.0005185, $0.0005210
Floor Levels: $0.0005146, $0.0005100, $0.0005050

Price Forecast for Lucky Block: LBLOCK Looks Determined To Test Higher Resistance

Analysis for LBLOCKs Price: Lucky Block Price Is Takes off

The closing prices of the last three price candles on this LBLOCK/USDT trading chart are all above the lower limit of the Bollinger indicator. Also, the line of the Stochastic RSI is moving steeply to the upside. Interestingly this is happening even when the last candle here appears to be in favor of sellers. Consequently, this may be pointing to the fact that buyers in this market possess more strength than sellers. Furthermore, the faster line of the RSI has made it above the 50% level. Should the favorable form continues, Lucky Block’s Price may reach around $0.0005350 shortly.

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Price Forecast for Lucky Block: LBLOCK Looks Determined To Test Higher Resistance

Analysis for LBLOCK’s Price: Lucky Block Price Action Progresses

LBLOCK/USDT portrays that buyers are now winning, and at that may have taken control of price action. Looking at the hourly chart for this crypto, the last candle here is a bullish one, plus it is now in contact with the moving average of the Bollinger. Consequently, price action may have just received the required push to move upwards. Additionally, the RSI has reached significantly into the oversold 86% and 80% to be precise. At a point such as this traders should place a buy order, since all signs are positive about the price moving upwards.

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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Source: https://insidebitcoins.com/news/price-forecast-for-lucky-block-lblock-looks-determined-to-test-higher-resistance