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LBLOCK V1 Is Violently Bullish

LBLOCK V1 Is Violently Bullish

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Lucky Block: September 3, 2022

The Lucky Block v1 market is showing a huge uptick as buyers keep pushing up the prices. Also, trading indicators tell us that we still expect more upside gains. And even at this point, traders can still jump on the trend and make a profitable journey up and forward.

LBLOCK v1 Current value $0.0005518
LBLOCK v1 market cap: $22.36 million
LBLOCK v1 Circulating supply: 40.77 billion
LBLOCK v1 Total supply: 100 billion
LBLOCK v1 position on Coinmarketcap: #3296

Main price tags:
Resistance level: $0.0005259, $0.0005518, $0.0006000
Support Level: $0.0005300, $0.000500, $0.0004530

Lucky Block V1 Value Reduction: LBLOCK V1 continues to rally

Lucky Block v1 price action continues to trend upwards and trading indicators continue to point to the upside. Examining the LBLOCK/USD 4-hour trading chart, the price action has been able to breach the $0.0005500 resistance level. Still, this crypto looks poised to face higher resistance. Looking at the Bollinger band, we can see that the price candles are relentless in pushing the upper limit of this indicator. Furthermore, the Stochastic RSI has reached 100% of the RSI, which is the highest point for this indicator. However, based on the strength of buyers in these markets, the RSI may remain flat in overbought territory while the price continues to rise.

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Lucky Block V1 Price Analysis: LBLOCK V1 is violently bullish

Lucky Block V1 Price Analysis: Hourly chart of LBLOCK V1 confirms more upside

The hourly chart of LBOCK v1 confirms that its value continues to rise. Here on the LBLOCK/USD hourly chart, we can see that the Bollinger band is pointing upwards, indicating a prevailing trend in this market. We can also see that the price is holding above the already broken $0.0005500 level. Furthermore, the stochastic RSI curves are pointing sharply upwards. Moreover, the uptrend has even more room to gain momentum before reaching the 100% mark in the RSI. Summarizing the signs of this market, we can predict that the price of this crypto may soon reach the price level of $0.0008500.

Lucky Block (LBLOCK V2): Gate.io listing is set for August 25th.

You can buy Lucky Block here. Buy LBLOCK

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