Lucky Block Finds a Higher Support, Set to Trend Upwards

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Lucky Block has been able to hold above the $0.0002200 level for a significant length of time. Nevertheless, downward forces have pushed it to its lowest near $0.0002200 within the last 24 hours, but LBLOCK was able to recover shortly afterward. At this point, this crypto appears to have found a strong base, from which it can take an upward leap.

LBLOCK: November 8th, 2022
LBLOCK’s Value: $0.0002223
Market Capitalization for Lucky Block: $0.83 million
LBLOCK Flowing Supply: —–
Total Supply of LBLOCK: 3.65 billion
Lucky Block Coinmarketcap Rank: #3894

Major Price Marks:
Top Levels: $0.0002223, $0.0002250, $0.0002290
Base Levels: $0.0002215, $0.0002200, $0.0002180

LBLOCK Price Prediction: Lucky Block Finds a Higher Support, Set to Trend Upwards

LBLOCK Price Prediction: Lucky Block at the Start of an Upside Move

Examining the recent price behavior, from the last two price candles on the LBLOCK/USD 4-hours chart, it appears as if price action has already found a strong support level. This new support level can be perceived to be near $0.0002205. Furthermore, the opening of the last candle here formed significantly higher than the previous one. On the RSI indicator, it could be perceived that the lines here have both given a bullish crossover, and are now slightly moving upwards. The activity on the RSI portrays that price movement is gradually gaining strength. With this, Lucky Block Price action focuses the $0.0002280 in a short term, while it could reach above the $0.0002300 price level in the longer term.

LBLOCK Price Prediction: Lucky Block Finds a Higher Support, Set to Trend Upwards

LBLOCK Price Prediction: Lucky Block a Displays Positive Outlook

Moving further to the LBLOCK/USD 1-hour chart, price activity is showing some more positive signs about its price rising higher. Here, the last price candle here sowed that buying activities are exerting some noticeable influence on price movement, as a green dash candle formed. As a result, this has moved the price to come in contact with the MA line. Progressively, the RSI has reached the oversold area, however, a downside crossover was attempted but buying activities seem to have successfully averted this. Now traders should consider going long as the price may rise considerably from here.

IMPT Token Presale is Ongoing

The core motive of the IMPT token is to transform how carbon credit is managed. The Impact project will operate as an intermediary between the crypto industry and the ESG. In addition, the Presale Program for this crypto is on, and in the process has raised $12 in a matter of weeks.

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The presale Program organized for the D2T token has gathered over $5 million. And this fund is aimed at bringing the purpose of this platform to actualization, as well as its further development. It is crucial to note that even at this point of the Presale the price of this crypto is still affordable.

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Source: https://insidebitcoins.com/news/lblock-price-prediction-lucky-block-finds-a-higher-support-set-to-trend-upwards