Lucky Block Price Deduction: LBLOCK Rises Steadily

Lucky Block Price Deduction: LBLOCK Rises Steadily
Lucky Block Price Deduction: LBLOCK Rises Steadily

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LBLOCK: 19th of September

Gradually influx of buyers into the LBLOCK/USDT market is supplying some steady upside push to price action. This activity can be seen as an attempt to recover lost higher price levels due to selling pressure. Consequently, this could be a step towards big price moves.

LBLOCK Price Now: $0.0005526
Market Cap of Lucky Block: $2.0 million
Lucky Blocks Flowing Supply: ——
Total Supply of Lucky Block: 3.65 billion
Coinmarketcap Ranking for LBLOCK: #3737

Important Price Marks:
Resistance Levels: $0.0005526, $0.0005570, $0.0006020
Support Levels: $0.0005500, $0.0005470, $0.0005440

Lucky Block Price Deduction: LBLOCK Rises Steadily

Analysis for LBLOCK’s Price: Buyers in Lucky Block’s Market Are Picking Up Momentum

On the LBLOCK/USDT four-hour chart many Sellers have caused the breakage of the $0.000600 price level to the downside. Nevertheless, buyers are set to build up the broken wall and may even further advance price action. The price action has started a rebound off the floor of the Bollinger indicator. Also, the Stochastic RSI indicator shows that buyers are gradually staging an uptrend. We can anticipate that value will regain the $0.0006000 level shortly, and may from there capture higher resistance near $0.0007000.

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Lucky Block Price Deduction: LBLOCK Rises Steadily

Analysis for LBLOCK’s Price: Lucky Block’s Uptrend Bolstered

Price action on the LBLOCK/USDT 1-hour chart shows that price activities gradually approach the MA line of the Bollinger band. Additionally, the RSI has reached the highly bought zone and this indicates that the upside move has gained significant strength. Furthermore, this further strengthens the possibility of price action Reclining above the MA of the Bollinger. Consequently, this will change of price reaching farther above the $0.0006000 price line. The week is just beginning buying now may eventually become gainful

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-price-deduction-lblock-rises-steadily