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Value Forecast for LBlock/USD: Lucky Block Striving to break $0.0009000

Johnathon Fox
07/18/2022 | UPDATED ON: 07/18/2022

Value Forecast for LBlock/USD: 18th July 2022

Lucky Block has earlier tested and broken the price level $0.0009000, however, it retracted back below it. Currently, LBlock seems to be gathering enough momentum to break and sustain above this level. Also. As the week unfolds, this crypto could be aiming higher.

LBlock/USD currently value: $0.008968
LBlock/USD market cap: $36.4 million
LBlock/USD systemic supply: 40.77 billion
LBlock/USD overall supply: 99.6 billion
LBlock/USD Coinmarketcap ranking: #3838

Major Levels: 
Resistance levels: $0.0008968, $0.0009007, $0.0009200
Support levels: $0.0008920, $0.0008868, $0.0008720

Value Forecast for LBlock/USD: Lucky Block Focusing on breaking the $0.0009000 Level

Value Forecast for LBlock/USD: Lucky Block Keeps Showing Upside Prospects

LBlock/USD is displaying signs of claiming higher value, going by trading indicators. On the 4-hour chart, high volatility was experienced in recent times, this has assisted the crypto in making quick upside gains. However, Lucky Block seems to be cementing its price once it breaks higher. If the volatility should continue, higher prices will be reached shortly.

The GMMA: Guppy Multiple Moving Averages, have crossed while under the price motion. Also, another cross will likely be delivered soon. Additionally, The SRSI: Stochastic Relative Strength indicator curves, are bending as if to cross each other. This could result in a continuous uptrend if those curves eventually cross each other. When this happens LBlock will surely break higher, say $0.0009200, $0.0009600, and $0.001000.

Value Forecast for LBlock/USD: Lucky Block Focusing on breaking the $0.0009000 Level

Value Forecast for LBlock/USD: Lucky Block Good Prospect Affirmed

On the LBlock/USD hourly chart, we can see that further upside price motion is becoming possible. On this chart, we can see that the MAs are much closer now. Furthermore, the last hammer-like candlestick was able to form above both the fast and slow MAs.

Additionally, the SRSI indicator curves are now pointing upward away from the oversold zone. Also, we can notice that these curves are sharply separated. This implies that the price may rise further. And as this happens, the MAs may cross one another while below the price motion. Subsequently, this may deliver more thrust to price movement. Therefore buying this crypto is a good idea.

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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