Lucky Block V1 Is Leaping to the Upside

LBLOCK V1: October 22nd, 2022

Headwind has introduced some impediments to price movement in the LBLOCK V1 market. Nevertheless, currently, this crypto looks set to jump skywards, going by indications from technical indicators.

Lucky Block’s current worth: is $0.0002002
LBLOCK’s Market Cap: $8.25 Million
LBLOCK’s Moving Supply: 40.77 billion
Overall Supply of Lucky Blocks: 99.6 billion
Coinmarketcap Ranking for LBLOCKs: #5412

Key Price Level:
Top Levels: $0.0002002, $0.0002032, $0.0002064
Floor Levels: $0.0001980, $0.0001950, $0.0001930

LBLOCK V1 Price Prediction: Lucky Block V1 Proceeds Upwards

A bullish price candle has just formed on the LBLOCK/USD 4-hour chart, and by the position of this candle, we can say that it’s like price is about to increase. The Bollinger indicator on this chart has been pushed downwards by price candles. Subsequently, the market reacted with the formation of a green candle, which represents buying activities in this session. Additionally, the Stochastic RSI curve has given a bullish crossover from the oversold level. Going by activities on technical indicators, eventually, Lucky Block V1’s price may soon reach beyond $0.0002120.

LBLOCK V1 Price Prediction: Price Action Upward Lucky Block V1 Is Progressive

It can be noticed that price action has progressed on the LBLOCK/USDT hourly chart, from where it was on the 4-hour chart. Even the last price candle in this hourly market is very close to the MA line. Also, the Stochastic RSI portrays that price candles can soon climb above the moving average line. This can be observed as the lines of this indicator have reached the overbought region. Consequently, this will further increase the chances of the price reaching the previously mentioned price level.

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