Lucky Block: 21st of September
LBLOCK market for a Long time has been trading in a bullish reversal pattern. However, at this point, lucky block price movement is preparing to actualize the bullishness. Therefore, LBLOCK is preparing to break to the upside, traders should buy into this market.
LBLOCK Price Now: $0.0005409
Market Cap of Lucky Block: $1.95 Million
Lucky Blocks Flowing Supply: ——
Total Supply of Lucky Block: 3.65 Billion
Coinmarketcap Ranking for Lblock: #3479
Key Price Marks:
Resistance Levels: $0.0005409, $0.0005449, $0.0005500
Support Levels: $0.0005380, $0.0005340, $0.0005300
Analysis for LBLOCK’s Price: Lucky Block Trades in a Falling Wedge Pattern
Taking a broad look at the 4-hour LBLOCK/USDT price movements, it could be seen that price action has been trading in a falling wedge pattern. As a result, traders should get in on this market. This is because the. Earlier said pattern, is a bullish reversal pattern, and price may soon shoot upwards. Furthermore, the EMA lines is moving closer to the last candle here. As buying activities builds up the EMA will soon fall under the price of candles. And, this Will indicate a price upside move. Additionally, the RSI lines have crossed and are now rising upwards, which implies a build-up in strength by the bulls. Consequently, price action may soon retrace beyond the level of $0.0005500.
Analysis for LBLOCK’s Price: Lucky Blocks Aim of Rising Stays Positive
On the 1-hour LBLOCK/USDT trading chart, price movement stays consistent with the aforementioned pattern. This implies that the hopes of this bullish reversal are realistic. Also, the RSI line can be seen in the oversold zone, with not much room left for momentum loss. Therefore, it is logical to assume that a price increase is nearby. This is because, with the oversold being reached, the opposite side is the next direction, which Will then indicate an uptrend. This market appears to be preparing trading opportunities for those who Will buy into it.
Lucky Block (LBLOCK V2): Gate.io listing has been set to be done on 25th August.
You can purchase Lucky Block here. Buy LBLOCK
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