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LBLOCK Value Deduction: Lucky Block Price Is Rising Again

LBLOCK Value Deduction: Lucky Block Price Is Rising Again
LBLOCK Value Deduction: Lucky Block Price Is Rising Again

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LBLOCK: 16th of September

Selling pressure has caused some serious upset in this market. However, it seems as if traders who quickly identify a dip in this market as a buying opportunity are buying into this market. Consequently, LBLOCK is now on its way back to the upside. Traders can still buy into this market now, as the price is set to break higher

Lucky Blocks Price Now: $0.0006547
Market Cap of LBLOCK: $2.36 million
Lucky Blocks Flowing Supply: ——
Total Supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking for Lucky Block: #3614

Major Marks:
Top Levels: $0.0006547, $0.0006600, $0.0006650
Bottom Levels: $0.0006510, $0.0006490, $0.0006450

LBLOCK Value Deduction: Lucky Block Price Is Rising Again

Analysis for LBLOCKs Price: Lucky Block Is Retracing Higher Resistance

LBLOCK/USD four hours chart reveals that price action is already recovering higher resistance, as buying pressure resumes. We can see that there was a formation of three consecutive bullish candles, which reveals the strength of the buyers in this market. Additionally, price action is already touching the EMA lines, and very soon may cross above the EMA to indicate a further uptrend. Also, the RSI has crossed in the oversold which shows a gradual gain in upside momentum. Consequently, the value of Lucky Block will soon recover the $0.0007000, and from there may move further upwards.

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LBLOCK Value Deduction: Lucky Block Price Is Rising Again

Analysis for LBLOCKs Price: Optimism Increases in Lucky Block’s Market

Here on the LBLOCK/USD 1-hour chart, it could be seen that the last price candle has got itself caught in between the 9 and 21 days EMA. This signals that a price uptrend is only inches away. Also, the faster Stochastic RSI curve rises steadily to the level of 57.89%, which portrays a gradual gain in upside momentum. Furthermore, as buyers continue to mount buying pressure, price action will soon retrace above the EMA lines. Therefore, Traders are advised to keep buying even now as Lucky Block prepares to trend higher.

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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