Price Action in the LBLOCK Market Is Retracing Higher Levels

LBLOCK: 4th of October 2022

Very recently, LBLOCK’s price action broke multiple higher levels within a short space of time. Nevertheless, this occurrence also triggered downward forces, which acted price action. But, currently, price action is already preparing to reclaim higher price levels once more.

Current Price of LBLOCK: $0.0003963
Market Cap of Lucky Block: $1.45 million
Lucky Block Flowing Supply: ——
Total Supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking for Lucky Block: #3635

Important Price Marks:
Top: $0.0004000, $0.0004040, $0.0004090
Bottom: $0.0003963, $0.0003924, $0.0003900

LBLOCK’s Price Prediction: Lucky Block Prepares to Leap Upwards From a Strong Base

LBLOCK/USDT four-hour chart is revealing the buyers’ attempts to pull price action back up. Even the last candlestick manages to show that a serious tussle is ongoing between buyers and sellers, as the body of the candle forms closer to the buyer’s side. Furthermore, the Stochastic RSI lines are now getting closer to each other to indicate an increase in upward momentum. Also, price action seems to be standing on very strong support and as such may move to the upside from here.

LBLOCK’s Price Prediction: Lucky Block Uptrend Is Progressing

The hourly chart for LBLOCK, portrays clearly, the influences of buyers. Here it could be seen that the last two price candles are bullish, with one forming higher than the previous. The activity here appears to be the actualization of the aforementioned upside price retracement, as price action moves up from Fib level 100. Also, the Stochastic RSI lines have crossed each other in the oversold, and are now moving upwards. Traders can predict LBLOCK’s price reaching $0.0004300 soon. Finally, this could be early detection of a significant price upside move, traders can utilize this by going long.

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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