LBLOCK V1 Witnessing Significant Tailwind

Lucky Block: October 15th, 2022

There has been some significant bull run in the Lucky Block V1 market lately, yet price action stays focused on reaching higher price levels. More interestingly, trading indicators used in studying this market as well continues portray optimism.

LBLOCK’s current worth: is $0.0002056
Lucky Block’s Market Cap: $8.37 Million
Lucky Block’s Moving Supply: 40.77 billion
Overall Supply of LBLOCK’s: 3.6 billion
Coinmarketcap Ranking for Lucky Block’s: #3685

Major Price Level:
Top Levels: $0.0002056, $0.0002080, $0.0002100
Floor Levels: $0.0002030, $0.0002010, $0.0002000

LBLOCK V1 Price Prediction: Lucky Block V1 Trends Upwards

Tailwind appears to have once again returned to the LBLOCK V1 market. This can be perceived as price action on the 4-hour chart broke the price level of $0.0002000 to the upside from around $0.0001750. Consequently, it implies that the price has moved by a whooping 85.12% upwards from the initial point of the trend. Yet price action stays positive of reaching higher still. This can be seen as price candles are now very much above the MA line. Additionally, the bulls are still fighting to retain price control in this market. The Stochastic RSI line is now flat out in the overbought, which portrays that price action may continue rising, even after a minor pullback. From the looks of things in this market, Lucky Block V1’s price may soon break the $0.0002250 price level to the upside.

LBLOCK V1 Price Prediction: Lucky Block V1 Stays on the Green Side

Studying the hourly chart for the LBLOCK V1 we can see that even after a minor pullback in price, price action till maintains optimism. Additionally, this is further shown by the fact that the price in this market is stays high above the MA line of the Bollinger indicator. Consequently, this place price action at the reach of upside forces. Furthermore, although the RSI lines are now close to the 60% mark, these lines are very close to each other, such that with just a little effort from the buyers, an upside crossover will be initiated. Therefore, hopes of price arriving at the previously mentioned price level, still appear possible.

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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