Lucky Block Value Analysis: LBLOCK Is About to Secure Support Above $0.0009000

Lucky Block: 6th September

Within the last 24 hours, Lucky Block was able to break the $0.0009000 resistance. However, selling pressure caused the crypto price action to retrace lower supports. But, at this point price activity is currently trying to locate strong support above the $0.0009000 price level, and move Upwards from there.

LBLOCK’s Current Value $0.0008880
LBLOCK’S’s Market Cap: $3.28 million
LBLOCK’s Moving Supply: ——
LBLOCK’s Overall Supply: 3.65 billion
LBLOCK’s Position on Coinmarketcap: #3512

Key Value Marks:
Upper Value Level: $0.0008880, $0.0009050, $0.0009150
Lower Value Level: $0.0008840, $0.0008800, $0.0008750

Lucky Block Value Analysis: LBLOCK Attempting to Reclaim Higher Support

On the LBLOCK/USD 4 hours chart applied indicators are predicting that a price uptrend is developing Price candles can be seen already touching the MA of the Bollinger. This places Lucky Block price action in a better position to catch a tailwind, with a bit more buying pressure. Also, the MACD indicator lines have crossed each other in the negative region, and are now journeying towards the positive region. The activity on the MACD signifies that an uptrend is developing. Therefore this Lucky Block’s price action is sure to break the $0.0009000 price level, also may secure a strong support and make moves to shatter the $0.001000 resistance.

Lucky Block Value Analysis: LBLOCK Price Action Portrays Significant Upside Gain

The LBLOCK/USD chart further shows that price is set to go up. Here we can see that the price of candles is now reclining above the MA of the Bollinger indicator. Also despite selling pressure, price activities have refused to fall to the MA as a support. Furthermore, the MACD line can be seen already in the Positive area. Going by how active buying pressure can be in this market, the MACD lines may soon diverge from each other at their tip to indicate a continuous uptrend. This will eventually lead to the actualization of the Lucky Block price retracing higher support.

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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