Lucky Block V2 Price Deduction: LBLOCK V2 Commences Its Upside Correction

Original author: Azeez Mustapha

Lucky Block: 5th September

Following a significant downside correction due to sellers’ activities, Lucky Block has already started to recover lost support. Currently, the crypto is already eyeing the next resistance of $0.0009000, after breaking the $0.0008000 resistance. Therefore, trading opportunities are opening up in this market, traders should endeavor to buy into to make more profit.

LBLOCK’s Current Value $0.0008500
LBLOCK’S’s Market Cap: $3.28 million
LBLOCK’s Moving Supply: ——
LBLOCK’s Overall Supply: 3.65 billion
LBLOCK’s Position on Coinmarketcap: #3512

Key Value Marks:
Upper Value Level: $0.0008500, $0.0009000, $0.001000
Lower Value Level: $0.0008450, $0.0008400, $0.0008350

Lucky Block V2 Value Deduction: LBLOCK V2 Attempting to Reclaim Higher Support

Considering the LBLOCK/USD price chart shows that the crypto’s price may have begun an upward rebound off the floor or the Bollinger. Here, we can perceive that Lucky Block v2 price is being pushed upwards by the formation of two green candles. Also, this is happening after a reddish price candle pushed the lower limit of this Indicator. As a result, this implies that we might be at the start of a significant uptrend. Additionally, the RSI keeps showing a quick increase in upside momentum. Consequently, this makes it possible for price activity to reclaim above the $0.001000 price level soon.

Lucky Block V2 Value Deduction: LBLOCK Maintains Focus On Recovering Lost Levels

As we continue to study the LBLOCK/USD market in a shorter time frame of 1 hour, price action and Indicator maintains positivity. Here, price action stays near the $0.0008500, also the Bollinger indicator appears to adjust its direction from downwards to sideways. This implies that buying pressure is becoming more significant. Also, the RSI lines portray rapid upside momentum gain by pointing steeply upwards. Therefore, we may anticipate that value will reach above $0.001000 shortly, and at this point, buyers can still utilize this trend.

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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