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Value Analysis for LBLOCK: Lucky Block Eying Price Level $0.002200 as a Support

Value Analysis for LBLOCK: Lucky Block Eying Price Level $0.002200 as a Support
Value Analysis for LBLOCK: Lucky Block Eying Price Level $0.002200 as a Support

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Lucky Block: 31st of August

Not long after LBLOCK has been able to acquire support above $0.002100, this crypto is already aiming even higher. As of the time of writing Lucky Block values are above $0.002170. And, going by how actively the market is moving, the price of this crypto may value higher than $0. 002200 shortly.

Lucky Block’s Current Value $0.002174
Lucky Block’s Market Cap: $8.02 million
Lucky Block’s Moving Supply: ——
Lucky Block’s Overall Supply: 3.65 billion
Lucky Block’s Position on Coinmarketcap: #3291

Key Value Marks:
Upper Value Level: $0.002174, $0.002200, $0.002234
Lower Value Level: $0.002150, $0.002120, $0.002100

Value Analysis for LBLOCK: Lucky Block Eying Price Level $0.002200 as a Support

Value Analysis for LBLOCK: Lucky Block Eyes Breaking More Elevated Resistance

Price activity on the LBLOCK/USDT 4-hour chart reveals that the uptrend is strong in this market. At this point price activity, is above the center line of the Bollinger Band (BB) indicator, and this portrays an up trend. Also, the appearance of the Bollinger indicator itself portrays an uptrend. This can be seen in the way that the indicator is tilted in the upward direction. Even, the terminal part of the BB portrays that price activity may move further higher on the upside. This is portrayed as the terminal of the indicator appears narrowed. Also, the Stochastic RSI  as well is aligning to portray that the current trend is still picking up momentum. Consequently, Lucky Block may soon arrive at above $0.002400.

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Value Analysis for LBLOCK: Lucky Block’s Uptrend Is Progressive

Here on the hourly LBLOCK/USDT price chart, we can see that the aforementioned uptrend is moving on. Price candles can be seen staying above the middle line of the BB, even after witnessing some selling pressure. Additionally, the BB indicator itself still points upwards to indicate an uptrend. However, the RSI indicator taken has crossed the oversold zone, nevertheless, this can be regarded as a minor correction. Subsequently, this will create more room for the price action to gather some more upside momentum. Therefore entering this market will still be lucrative.

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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