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LBlock/USD Value Forecast: Lucky Block Shows a Promising Outlook

Johnathon Fox
07/04/2022 | UPDATED ON: 07/04/2022

LBlock/USD Price Forecast: July 3

With the week starting today Lucky Block is already showing signs of better performance during this week. There is indeed a lot to trade for in this week going by these signs, as early into the market will guarantee more profit.

LBlock present price: $0.0009037
LBlock market capitalization: $36.6 Million
LBlock circulating supply: 40.77 Billion
LBlock total supply: 99.6 Billion
LBlock Coinmarketcap ranking: #3820

Important Levels:
Resistance levels: $0.0009037, $0.0009110, $0.000200
Support levels: $0.0009000, $0.0008900, $0.0008950

LBlock/USD Value Forecast: Lucky Block Shows Promising Outlook

LBlock/USD Value Forecast: Lucky Block Shows Probability of Breaking Upwards

LBlock/USD 4-hour price chart shows that the value of the crypto may go up. On this Lucky Block chart, it’s like the crypto is trading in a symmetrical triangle. This behavior signifies that the value activity may break out in two ways: either upwards or downwards. However, the probability of an upside break-out is brightened by the appearance of a bullish candle. With the presence of this candle, it seems that the value of the Lucky Block may increase.

The quicker Exponential Moving Average curve: EMA attempts to cross below the value movement. More accurately, the faster EMA curve is already touching this bullish candle. Furthermore, since the week is just beginning, more buyers will likely enter the market. With more buyers entry into the market, the EMA curves may eventually fall below the value movement. Consequently, when this happens, this crypto may sustain its upward movement, making the crypto value higher.

LBlock/USD Value Forecast: Lucky Block Shows Promising Outlook

LBlock/USD Value Forecast: Lucky Block Uptrend Affirmed

LBlock/USD hourly chart sheds more light on the possibility of the crypto value trending upwards. Looking at this chart, we can see that the Exponential Moving Averages are now below the value movement. Also, the Relative Strength indicator curves are now on their way upward.

Additionally, the EMA lines are already touching at their tips in an attempt to cross each other.  Consequently, when this happens the value of LBlock/USD will be pushed upwards. Eventually, this may cause Lucky Block to value at $0.0009100 and $0.0009150. From here we can assume that this market will be much more profitable this week.

You can purchase Lucky Block here.  Buy LBlock

 

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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