Lucky Block: 29th of August
As downward forces attempted pulling on Lucky Block towards the downside, this crypto has mounted a resistance against those forces. At the time of writing LBLOCK values around $0.002070 or more – as the value keeps advancing. Nevertheless, signs are hinting that this cryptocurrency’s value will increase further.
LBLOCK’s Current Value $0.002070
LBLOCK’s Market Cap: $7.42 million
LBLOCK’s Moving Supply: ——
LBLOCK’s Overall Supply: 3.65 billion
LBLOCK’s Position on Coinmarketcap: #3499
Major Value Marks:
Upper Value Level: $0.002100, $0.002150, $0.002200
Lower Value Level: $0.002070, $0.002020, $0.001990
Value Deduction for LBLOCK: Lucky Block Sets Sail to Catch a Tailwind
Value activities on the LBLOCK/USD four hours chart stay at the reach of upward forces. On this chart price candle remains higher than the center limit of the Bollinger band. As a result, this places price activity where it could be easily pushed upwards. Furthermore, although the threads on the Stochastic RSI are plunging downwards, nevertheless, buyers’ activity can quickly change its direction, as buyers are very active in this market. Therefore, Traders should buy into this market, as the price may eventually reach $0.002400.
Value Deduction for LBLOCK: Price Upside Advancement Has Begun in Lucky Block’s Market
Taking a glance at LBLOCK/USD hourly chart, it could easily be seen that the price has commenced its upward. The last candlestick here is bullish, and this has corrected the price towards the upward direction. Additionally, as earlier mentioned, buyers are active in this market therefore prices will keep advancing in the upside direction. So, with additional buying pressure, the RSI curves will correct the upside to indicate a gradual build-up of buying momentum. Essentially, we can describe this point in the Lucky Block market as an opportunity to buy at a low price.
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/value-deduction-for-lblock-lucky-block-holding-beyond-0-002050-base