Price Analysis for LBLOCK: Bulls Are Active in Lucky Block’s Market

LBLOCK: 24 of August 2022

Buyers are more active in LBLOCK/USD market, and this has pushed value action upwards. And, going by signs given by trading indicators, we might even experience more gains in this market. From the last post, it was seen selling activities caused LBLOCK’s value to reverse to $0.001977. However, now, it could be seen that buyers are winning, as Lucky Block’s value has been driving to $0.002057. This is an impressive recovery for this crypto gain.

Value of Lucky Block Now: $0.002057
Lucky Blocks Market Capitalization: $7.4 million
Lucky Blocks Moving Supply: ——
Lucky Blocks Entire Supply: 3.7 billion
Lucky Block’s Rank on Coinmarketcap: #3285

Key Value Level:
Resistance Level: $0.002057, $0.002150, $0.002180
Support Level: $0.002039, $0.002010, $0.001977

Price Analysis Lucky Block: LBLOCK Getting Set to Rally Further Upwards

Buyers re-entering the market refreshed and they look prepared to pump up value in this market. Examining this LBLOCK/USD four-hours chart, two bullish candles are appearing on this chart. Additionally, these candlesticks appear to be resisting any downside value reversal at this point. Furthermore, the shadows of these candlesticks are now touching the center lines of the Bollinger indicator. Also, the Stochastic RSI indicator threads are steeply rising upwards. As a result, this activity is hinting on the possibility of Lucky Block value activity rising past the center line of the Bollinger indicator. This will subsequently cause further value upside gain, as LBLOCK/USD value may climb up to $0.002350.

Price Analysis for Lucky Block: LBLOCK’s Upside Gain Progresses

LBLOCK/USD price activities progress and have halfway broken the resistance formed by the MA line of the Bollinger indicator. On this hourly chart, optimism remains positive, as price candles are now cutting across the Bollinger indicator. Another indicator hinting at the developing trend is the Stochastic RSI. The lines of this Indicator are about to deliver a cross that will indicate an increase in the bull’s momentum. Given that the Stochastic RSI indicator threads are about making a cross near the 40% level, once the cross is eventually achieved price may reach the aforementioned price level.

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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