Price Analysis for LBLOCK: Lucky Block Prepares for an Upside Correction ByAzeez MustaphaPRO INVESTOR Updated: 23 August 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Join Our Telegram channel to stay up to date on breaking news coverage LBLOCK: August 23rd LBLOCK has faced significant selling pressure, and this has impacted the price of this crypto. Nevertheless, traders who are familiar with the Lucky Block market will know that trading chances have just been created. The downward correction has only allowed traders to buy the dip and rake in profit later. Therefore buying into this market promptly will soon prove to be lucrative. Value of Lucky Block Now: $0.001977 Lucky Blocks Market Capitalization: $7.2 million Lucky Blocks Moving Supply: —— Lucky Blocks Entirel Supply: 3.7 billion Lucky Block’s Rank on Coinmarketcap: #3280 Important Value Level: Resistance Level: $0.002030, $0.002070, $0.002100 Support Level: $0.002015, $0.002000, $0.001977 LBLOCK Price Analysis: Lucky Block Prepares to Rebound to the Upside On the LBLOCK/USD 4-hours price chart, price action has arrived at the lower band of the Bollinger band. And, currently, Lucky Block is preparing to rebound upwards. Further signs of a price upward bounce are already manifesting on the Stochastic RSI indicator. Furthermore, the curve of the aforementioned indicator has already gotten to the oversold area. Additionally, we can see that these lines stay close to each other. Such a display implies that the buyers are already making attempts to deliver some upside thrust to price action. By the time a correction occurs, Lucky Block Price may reach as high as $0.002390 and perhaps beyond. LBLOCK Value Analysis: Upside Correction Commences The LBLOCK/USD Hourly chart reveals that the much-anticipated reversal may have already begun. On this chart, we can see that there was a quick rebound in the price action of the Bollinger Indicator. However, selling forces acted on this correction but weren’t strong enough to initiate further downward correction. It can be seen that the last candle here has already pushed the lower Bollinger band line. Subsequently, it can be expected that an uptrend will continue from here as a rebound mak occur. This will cause the SRSI curves to continue their journey into the overbought area. This is a good time to buy Lucky Block (LBLOCK V2): Gate.io listing has been set to be done on 25th August. You can purchase Lucky Block here. Buy LBLOCK Related How to Buy Tamadoge Visit Tamadoge Website Join Our Telegram channel to stay up to date on breaking news coverage