LBLOCK V1 Stays at the Reach of Upward Forces

Lucky Block V1 Value Deduction: LBLOCK V1 Stays at the Reach of Upward Forces
Lucky Block V1 Value Deduction: LBLOCK V1 Stays at the Reach of Upward Forces

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Lucky Block: 10th September

Examining the LBLOCK v1 price movement we can perceive that price candles are within the reach of upside forces. Consequently, these forces have the potential of making price movement for Lucky Block v1 to see higher resistance soon. Traders should buy in early, to gain from the possible uptrend.

LBLOCK v1 Value Now: $0.0004698
LBLOCK v1 Market Capitalization: $19.30 million
LBLOCK v1 Moving Supply: 40.77 billion
LBLOCK v1 Total Supply: 99.6 billion
LBLOCK v1 Coinmarketcap Ranking: #4397

Key Value Marks:
Top Level: $0.0004700, $0.0004730, $0.0004800
Bottom Level: $0.0004698, $0.0004658, $0.0004600

Lucky Block V1 Value Deduction: LBLOCK V1 Stays at the Reach of Upward Forces

Lucky Block V1 Value Deduction: LBLOCK V1 Is Correcting Upwards

The LBLOCK v1 market is showing some signs of value uptrend on the LBLOCK/USD four hours chart. Furthermore, looking at the price of candles here, it could be seen that they are being touched by the EMA line. Consequently, this display portrays that, with some effort from the buyers’ side, there can be a significant upside move. Furthermore, looking at the MACD indicator we can observe that the histogram on the positive side is gradually growing. This is portraying that buyers are preparing to push price action higher. Therefore, we can anticipate that Lucky Block v1 may soon attain beyond the level of $0.0005200.

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Lucky Block V1 Value Deduction: LBLOCK V1 Stays at the Reach of Upward Forces

Lucky Block V1 Value Deduction: LBLOCK/USD Hourly Chart Reveals More about the Coming Move

Here on the LBLOCK/USD one Hour chart, we can see that the price candles stays considerably on the positive side. The Bollinger indicator is generally still sloping in the upside direction this is portraying that price activity may still proceed upwards. Additionally, it could be observed that value candles as well here stay in contact with the MA lines. Therefore, traders can expect that an Upside correction may soon occur as earlier mentioned

Lucky Block (LBLOCK V2): Gate.io listing has been set to be done on 25th August.

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Source: https://insidebitcoins.com/news/lucky-block-v1-value-deduction-lblock-v1-stays-at-the-reach-of-upward-forces