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Technical Indicators used in the LBLOCK/USDT market have started portraying signs of price upward reversal. This is happening when downward forces seem to have fought hard against upward price movement in this market.
Lucky Block: December 5th, 2022
Lucky Block Value: $0.0002190
LBLOCK Market Cap: $0.873 million
Lucky Block Flowing Supply: —-
LBLOCK Total Supply: 3.65 billion
LBLOCK Ranking on Coinmarketcap: #4483
Major Price Levels:
Resistance: $0.0002190, $0.0002230, $0.0002260
Support: $0.0002150, $0.0002120, $0.0002100
LBLOCK Price Prediction: Lucky Block Seems to Have Push for an Upside Rebound
On the four-hour LBLOCK/USDT chart, the price candles that represent the past four trading sessions appear to have significantly pushed the lower limits of the Bollinger band for an upside rebound. Also, the RSI curves are now about to give a bullish reversal. Consequently, the current development on technical Indicators seems to be aligning to predict an upward price retracement at the least. Furthermore, traders in this market can gain more buying confidence, which will eventually result in a price increase once buying commences.
LBLOCK Price Prediction: Lucky Block Price Rebound May Be Already
Coming to the LBLOCK/USDT hourly market it could be seen that some trades have spotted the current development in this market and have started placing their buy orders. Consequently, this has resulted in the formation of the last green candlestick on this chart. Also, the applied RSI curves can be seen now rising upwards to indicate a gain in upside momentum. Eventually, as buying continues to mount, prices will continue to claim higher price levels. Therefore price may soon reclaim above $0.0002300 price levels.
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