Lucky Block V1 Recovering Price Levels Above $0.0002000

LBLOCK V1: October 23rd, 2022

Price action in the LBLOCK V1 is currently battling a headwind, to recover the lost support with consistent effort from buyers. More interestingly, going by signs coming from technical indicators, it’s looking more likely that  more upside grounds will be recovered in this market.

Lucky Block’s current worth: is $0.0001996
LBLOCK’s Market Cap: $8.07 Million
LBLOCK’s Moving Supply: 40.77 billion
Overall Supply of Lucky Blocks: 99.6 billion
Coinmarketcap Ranking for LBLOCKs: #4854

Important Price Level:
Top Levels: $0.0001996, $0.0002020, $0.0002040
Floor Levels: $0.0001970, $0.0001960, $0.0001950

Lucky Block V1 Price Prediction: LBLOCK V1 Price Is Going Up

Two consecutive upside-seeking candlesticks have formed on the LBLOCK V1 four hours chart. Also, the last hammer-like price candle has now moved price action to align with the 9 days Moving Average line. With more effort coming from Buyers in this market, Prices will soon recline above this line. Consequently, this will further strengthen the current market’s upward move. Further strengthening this move is the activity on the Stochastic RSI. This Indicator shows that an upside crossover has been performed deep in the oversold region. By implication, we can expect Lucky Block’s price to move upwards from here. Therefore price can be expected to soon reach above $0.0002100 in a short while.

Lucky Block V1 Price Prediction: LBLOCK Uptrend Hope Stays On

Used technical analysis indicators on the LBLOCK V1 1-hour chart, keep pointing to the reality that price is seeking an upward advancement. Here the MA line is significantly in contact with the last two price candles, such that the current price level now lies above the MA line. From this, we can anticipate Lucky Block V1 Price will keep going up. Also, the RSI line is now above the 50% level, which implies that the current market trend has gained some reliable strength. Traders can keep buying at this point since the market outlook seems promising.

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