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Value Forecast for LBLOCK/USD: Lucky Block is Climbing Higher

Johnathon Fox
08/01/2022 | UPDATED ON: 08/01/2022

LBLOCK/USD: 1st of August

Lucky Block is currently moving upwards, and as it does it is creating some nice trading chances. Furthermore, there are signs that this crypto’s value will keep increasing. And, coupled with the fact that the week is just beginning, this is a good time to enter the market, as LBlock’s price is set to keep moving upwards.

Current Price of LBLOCK: $0.0009863
Market Cap of LBLOCK: $58.8 million
Systemic Supply of LBLOCK: 40.77 billion
Overall Supply of LBLOCK: 99.6 billion
Ranking of LBLOCK: #3020

Major Price Marks:
Top Marks: $0.0009650, $0.0009800, $0.001000
Base marks: $0.0009863, $0.0009800, $0.0009650

Value Forecast for LBLOCK/USD: Lucky Block is Climbing Higher

LBLOCK/USD Price Forecast: Lucky Block Will Keep Going Up

The LBLOCK/USD 4- hour chart, revealed some impressive performance which was put on display by Lucky Block. Firstly, we can see that the last candlestick has the EMA lines wrapped around it. Although the last candle brought the crypto price lower, optimism in this market is standing strong. This said optimism is coming from the display on the Stochastic Relative Strength Indicator, which shows that the value uptrend is still on. Subsequently, this implies that soon the EMA lines will come below price movements to supply some upward push to it.

Value Forecast for LBLOCK/USD: Lucky Block is Climbing Higher

LBLOCK/USD Price Forecast: Lucky Block Upward Movement Remains Positive

On the LBLOCK/USD hourly chart, it can be seen that this crypto is building up momentum. Eventually, another higher support will be found, and the price will move on from there. Here, the EMAs have been able to get under the price movements. Additionally, their significant space between the faster EMA line and the last candle that formed above it. Consequently, this implies that the value upside gain stays intact, and may progress. Also, it means that price motion may have found new resistance, and may keep bouncing upwards from there. Considering these signs, Lucky Block’s value may soon be reaching $0.001040 and $0.001100.

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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