LBLOCK Price Prediction: Strong Tailwind Acting On LBLOCK Price

LBLOCK: October 14th, 2022

Price action in the Lucky Block market has moved significantly within a space of 24 hours, moving from around $0.0001747 to $0.0002175. Nevertheless, more action lies in this market as we continue in the ongoing trading session

Current Price of LBLOCK: $0.0001961
Market Cap of LBLOCK: $0.73 million
Lucky Block Flowing Supply: —–
Total Supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking for Lucky Block: #3892

Major Price Marks:
Resistance Level: $0.0001961, $0.0001980, $0.0002010
Support Level: $0.0001940, $0.0001920, $0.0001900

Lucky Block Price Prediction: LBLOCK Eyeing Above $0.0002000

Price action in the LBLOCK/USDT market, on the 4-hour chart, portrays that significant buying has been happening in the Lucky Block market. On this four-hour chart, there has been the formation of five subsequent inverted hammer bullish candles. As of now, the price in this market is now very close to the MA, and once it crosses above this line, more upward push may be supplied to price action. Also, in agreement with this analysis is the activity on the Stochastic RSI indicator. On this Indicator, the leading line has reached above the 50% level while the lagging one follows approximately at the 49% level. And from the look of these lines, we can assume price action will move higher, perhaps breaking the $0.0002150 price level.

Lucky Block Price Prediction: More Optimism Price Upside Move In LBLOCK Market

Examining the LBLOCK/USDT hourly chart it appears as if price action here has gained significant upside momentum. This can be seen as the price candlestick has reached above Bollinger’s MA line with some price increment, as perceived moving from $0.0001961 to $0.0001966. Additionally, the RSI has reached the oversold region, and as a plus, it is about to deliver another bullish crossover right in the oversold. Consequently, this will result in further price upward moves in the Lucky Block market. Therefore, traders should consider going long in this market.

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

You can purchase Lucky Block here. Buy LBLOCK