Lucky Block Price Prediction: June 12
LBlock/USD price action, with market indecision, shows that there is a fierce struggle in the market. Buyers and sellers are locked in a fierce battle, and neither of them is having the upper hand. However, there are signs that the Crypto’s price might rally soon.
LBLOCK price now: $0.001031
LBLOCK market cap: $44,167,593.92
LBLOCK circulating supply: 37.23 Billion
LBLOCK total supply: 99,600,521,808
LBLOCK Coinmarketcap ranking : #3334
Key Levels:
Resistance levels: $0.001040, $0.001100, $0.001160
Support levels: $0.001027, $0.001031, $0.001040
LBlock/USD Price Prediction: LBlock Price Shows Market Indecision
LBlock/USD Price is currently at $0.001031, as it stays below the 9 and 21-days moving averages. However based on the market indecision, in the 4-hour chart, the appearance of a bullish Doji candle indicates division in the market. Also, this indicates that there aren’t enough buyers to initiate the bullish trend. Furthermore, the RSI indicator further reveals that the market may consolidate in the oversold region: below 25%. Interestingly, this may imply that the LBlock/USD has reached its lowest point, and a bullish trend is close by.
LBlock/USD Price Prediction: Indicator Shows Market Indecision
Meanwhile, On the 1-hour chart, the applied indicators seem confused. The RSI indicator indicates that the LBlock is oversold, while the price action on the chart falls lower to $0.001029. Also, the last candle: which appears as an inverted Doji hammer, revealed that the sellers won the fight. However, the aforementioned candle still indicates bullishness, for price will go up after this market indecision. Finally, if the bulls should take control LBlock/USD price may climb higher reaching price levels of $0.001090, and $0.001100.
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