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LBLOCK: 24 of September
Downward forces have acted upon LBLOCK V1 and have caused the crypto’s price movement to trade below $0.0003500. However, this narrative has changed, and the price may likely advance towards higher resistance. Therefore let’s take a closer look at this market in a bid to gain more insight.
LBLOCK v1 Value Now: $0.0003508
LBLOCK v1 Market Cap: $14.6 million
Lucky Block v1 Circulating Supply: 40.77 billion
Lucky Block v1 overall Supply: 99.6 billion
LBLOCK v1 Coinmarketcap Ranking: #4727
Important Value Marks:
Resistance Marks: $0.0003508, $0.0003548, $0.0003600
Support Marks: $0.0003500, $0.0003450, $0.0003420
Lucky Block V1 Price Analysis: Bulls in LBLOCK V1 Market Are Determined to Break Upwards
Emanating signs from the LBLOCK/USDT 4-hour chart portray that the bulls are re-entering. Also, their increasing presence is gradually setting a better tone to price action movement to the upside. The latest two candlesticks here all formed in favor of the buyers. Furthermore, the last candle here appears to have pushed the price above the EMA line. Consequently, this is placing Lucky Block v1 price at a place where it can capture additional upward momentum. Confirming the Increasing presence of buyers is the activity on the MACD, as its lines journey upwards, towards the 0.00 mark. This implies that the observed trend is gaining momentum. Traders can expect that the price of this crytpo to recline above $0.0003600 or $0.0003800.
Price Deduction for LBLOCK V1: Lucky Block V1 Buyer Poised to Sustain the Uptrend
On the LBLOCK/USD hourly price chart, buyers are trying to sustain the hopes of the price climbing further higher. The most recent candle here, although a dash candlestick arrived in favor of the Bulls. At the same time, it has landed prices above the EMA lines. By implication, Lucky Block v1 price may retrace higher resistance as earlier stated. Also, the MACD is making attempts to correct further upward. Eventually, when this occurs will signify additional upward momentum gain in this market. Traders should buy into this market at this point, since there are signs of a possible upside price 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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