LBLOCK: 5th of October 2022
The bulls in LBLOCK/USDT market are fighting back after some headwind has acted upon price action. In addition, trading indicators are positive that this crypto may soon climb to higher price levels. Currently, the crypto now trades above the $0.0003200 price level and may trade at higher ones soon.
Current Price of LBLOCK: $0.0003223
Market Cap of Lucky Block: $1.14 million
Lucky Block Flowing Supply: ——
Total Supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking for Lucky Block: #3463
Important Price Marks:
Top: $0.0003225, $0.0003260, $0.0003300
Bottom: $0.0003217, $0.0003185, $0.0003150
LBLOCK’s Price Prediction: Lucky Block Market Portrays Optimism
The 4-hour LBLOCK/USDT market is showing that this crypto’s price is preparing to trade at higher price levels. Considering the last two candles, it could be perceived that the bulls are having a significant influence in this market. The candle before the current one pushed the price back upwards, while the latest red one has only a minute downside effect on the price. The RSI indicator is now steadily rising to indicate an increase in buying pressure. At this point, price action seems to be focusing on breaking the $0.0003400 level, and may soon break it to the upside.
LBLOCK’s Price Prediction: Lucky Block Uptrend Is Progressing
The hourly LBLOCK market chart further reveals the gradual build-up to the much-anticipated upside move. On this chart price action has arrived above the Moving Average, and has been positioned to climb higher. Also, it can be noticed that even LBLOCK/USDT value has increased by 4 steps to $0.0003221 within seconds. Furthermore, the RSI has reached the oversold and may stay there for a while as buying pressure continues to mount. Traders can consider buying into this market at this point.
Lucky Block (LBLOCK V2): Gate.io listing has been set to be done on 25th August