LBLOCK Price Deduction: Lucky Block Set Reclaim Above $0.0004000

LBLOCK: 30th of September

A few days ago LBLOCK price action rose past the $0.0005000 price level, after facing rejection at a strong support. However, following this, selling pressure became activated and this crypto fell under the $0.0004000. Nevertheless, it appears as if price action is already focusing on regaining the lost higher price levels.

LBLOCK Price Now: $0.0003920
Market Cap of Lucky Block: $1.54 million
Lucky Block Flowing Supply: ——
Total Supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking for LBLOCK: #3569

Crucial Value Marks:
Ceiling: $0.0003920, $0.0003950, $0.0004000
Floor: $0.0003900, $0.0003870, $0.0003820

LBLOCK Price Forecast: Lucky Block Facing Rejection at support, Preparing a Rebound

Price action in the LBLOCK/USDT 4-hour market took a rebound off the MA of the Bollinger to the floor level. Following this, the appearance of a bullish inverted candle portrays an impending possible upward price reversal. Furthermore, the Stochastic RSI indicator curves have already arrived at the oversold level of approximately 10% and 1% level of the indicator. Consequently, this foretells that this market may soon trend upwards past the $0.0004000, even as we progress into the weekend.

Lucky Block’s Price Forecast: Buyers Pushing LBLOCK’s Price Higher

Looking at the LBLOCK/USDT hourly market chart, the committed effort of buyers to thrust prices towards higher levels could be noticed. The last candle here is a bullish one, and this has pushed the price by 10 steps to the upside in a very short time. Also, looking at the RSI one will notice that its lines have now been corrected in a somewhat upward-sloping manner. Summing up all the observed signs, one can assume that this may be an opportunity to get in early on the trend by buying at a lower price for more profit.

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

You can purchase Lucky Block here. Buy LBLOCK