LBLOCK Value Deduction: LBLOCK Inches Closer to Breaking the $0.000800 Level

Lucky Block: September 13th, 2022

LBLOCK price action is determined to burst through the price level of $0.000800, and it’s looking very possible now. Over the last 24 hours, this crypto has moved over a hundred points towards breaking the resistance of $0.000800. At this point, there are more activity on the LBLOCK chart that portrays further lucrative moves, traders should take advantage of this.

Lucky Block Current Value $0.000769
Lucky Block Market Cap: $2.76 million
Lucky Block Moving Supply: ——
Lucky Block Overall Supply: 3.65 billion
Lucky Block Coinmarketcap Ranking: #3829

Important Price Marks:
Top Levels: $0.000769, $0.000790, $0.000820
Bottom Levels: $0.000745, $0.000710, $0.000675

Lucky Block Value Deduction: LBLOCK Retraces Towards $0.000800

The bulls in the Lucky Block 4-hour market are pushing price towards higher resistance. What’s more, at this point buyers are at a point where they can pick up more upward momentum. On this chart, we can see that price candlesticks have arrived above the MA of the Bollinger band. Even when a downside rebound occurred, the bulls were too strong to stay down. Consequently, the price has retraced back upwards to $0.000769. Furthermore, the MACD indicator lines are rising to indicate an uptrend. As the Bollinger indicator is gradually adjusting to indicate an uptrend, we can predict that LBLOCK’s price action may retrace beyond the $0.000950 level.

Lucky Block Value Deduction: LBLOCK Maintains Focus

Considering the LBLOCK hourly chart, it is revealed price action may have found support above $0.000740. And, from there it has locked in the target towards higher resistance. The MACD has now crossed above the 0.00 level, and the appearance looks as if a downtrend isn’t about to occur. Since the possibility of breaking above the $0.000900 level is very much around in this market. Traders can place any of the buy order variants to catch in on further upside move.

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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