LBLOCK Price Prediction: Lucky Block Shapes to Reclaim Above $0.0002100

LBLOCK: October 10th, 2022

Significant strength has returned to the LBLOCK/USDT market, as price action appears to be ready to take higher price levels. Also, trading indicators are pointing to the possibility of price action rising higher, as the week unfolds.

Current Price of Lucky Block: $0.0002096
Market Cap of Lucky Block: $0.73 million
LBLOCK Flowing Supply: —–
Total Supply of Lucky Block: 3.65 billion
Coinmarketcap Ranking for LBLOCK: #3738

Major Price Marks:
Resistance Level: $0.0002096, $0.0002140, $0.0002200
Support Level: $0.0002070, $0.0002040, $0.0002010

LBLOCK Price Prediction: Lucky Block Will Claim Above $0.002100 Shortly

On the 4-hour chart for LBLOCK/USDT, it could be seen that price action is just inches away from breaking the $0.0002100 level. Buyers have been successful in pushing the price above the MA of the Bollinger band, and at this point, we can assume that an uptrend has begun. Additionally, the RSI curves have arrived at the overbought with considerable distance between them. Consequently, this implies that Lucky Block’s price will rise further upwards, and may break the Fibonacci resistance at 78.60. Eventually, this will see LBLOCK trading above $0.0002400.

LBLOCK Price Prediction: Lucky Blocks Price Upward Movement Is Gaining Strength

Looking at the LBLOCK/USDT 1-hour chart, it appears as if price action has found support above the Fib level of 78.60. Interestingly, this is happening shortly after breaking the resistance formed by this level. Also, by careful observation, it could be perceived that the applied Bollinger indicator is shaping to indicate an uptrend. This could be seen as the ending part of the indicator appears to be tilting slightly upwards. Additionally, it could be observed that the RSI lines have now met in the overbought region and seem to remain there. All the above-mentioned signs agree to indicate price action uptrend continuation.

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

You can purchase Lucky Block here. Buy LBLOCK