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Lucky Block’s Price Analysis: LBLOCK/USD Price Will Trend Upwards

Lucky Block's Price Analysis: LBLOCK Price Will Trend Upwards
Lucky Block's Price Analysis: LBLOCK Price Will Trend Upwards

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Lucky Block: August 27

In our last post, it was mentioned that LBLOCK was set to break the $0.001900 resistance, eventually, that price level was broken. And like it was also mentioned that the price may recover above the $0.002000, this also happened. Today it’s like Lucky Block has found another support above the $0.002000 level as the price may keep moving upwards from here.

Lucky Block’s Price Now $0.002022
Lucky Blocks Market Cap: $7.2 million
Lucky Blocks Circulating Supply: ——
Lucky Blocks Total Supply: 3.7 billion
Lucky Block’s Rank on Coinmarketcap: #3516

Crucial Value Level:
Top Level: $0.002022, $0.002050, $0.002100
Bottom Level: $0.002002, $0.001983, $0.001950

Lucky Block's Price Analysis: LBLOCK Price Will Trend Upwards

Price Analysis for Lucky Block: LBLOCK’s Price Keeps Rising Higher

Price action is ascending higher on the LBLOCK/USD 4-hour trading chart. The last two bullish candlesticks on this chart have risen above the center line of the Bollinger band. Consequently, this signifies that a significant uptrend has begun. Also, the RSI keeps pointing upwards, even after getting to the overbought area. Therefore at this level, with increasing buying pressure, price activity will push against the upper limit of the BB indicator. Eventually, LBLOCK higher will reached higher price levels. Traders may anticipate LBLOCK’s price to reach above  $0.002300.

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Lucky Block's Price Analysis: LBLOCK Price Will Trend Upwards

Price Analysis for Lucky Block: LBLOCK’s Price Ramps Up Aggressively

Considering LBLOCK/USD 1-hour chart, we’ll see that the bulls are aggressive in this market and at this point. Sellers are overpowered as the buyers have snatched taken over the price movement. Here, we can perceive the price of candles is pushing Higher into the upper limit of the BB Indicator. Additionally, the RSI is ramping up into the oversold as the price advances to $0.002023. Although the overbought region has been reached on the RSI indicator, going by the strength of buyers here, we may anticipate price to stay on the high side much longer.

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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