LBlock’s Value Forecast: June 29
LBlock’s value seems to be under pressure from sellers in the short term. However, Lucky Block has its way of rewarding those who will hold on to it with some nice profit.
Lucky Block’s current price: $0.00099646
Lucky Block’s market capitalization: $39 Million
Lucky Block’s circulating supply: 40.77 Billion
Lucky Block’s total supply: 99.6 Billion
Lucky Block’s Coinmarketcap ranking: #3834
Key Levels:
Resistance levels: $0.0009980, $0.001000, $0.001020
Support levels: $0.0009646, $0.0009626, $0.0009606
Lucky Block Value Prediction: LBlock/USD Upward Bounce is Near
On LBlock/USD four-hour chart, it appears as if the crypto has been trading in a slightly Upward channel. And, so far it seems that the value activity has respected the channel support. This implies that at this point we may anticipate an Upward bonce since the channel support has been touched.
Furthermore, the Stochastic Relative Strength indicator curves have reached the highly sold area. Also, these curves seem close and may have an Upward cross soon. Eventually, this may take LBlock’s value to $0.001000 and $0.001050, as buyers continue to buy the dip.
Lucky Block Value Prediction: LBlock/USD an Upward Breakout May Be Near
On LBlock/USD 1-hour chart, the value of this crypto appears to be consolidating in a symmetrical triangle. However, we can see lately that the value activity has tested the support of the triangle without breaking it. At this point, it is logical for us to anticipate that the crypto vale may burst out in the Upward direction. Consequently, LBlock’s value may increase from there on as buyers have placed an entry order, above the triangle’s resistance.
Adding to this, the Stochastic Relative Strength indicator curves stay in the highly sold region. Nevertheless, this is giving more room for the upward trend to gather strength to reach higher once it begins.
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