Price Forecast for LBlock/USD: Lucky Block Attempting a Recovery Move

Price Forecast for LBlock/USD: July 13

Lucky Block has already started its recovery move, as its price is correcting to the upside. The current price of this cryptocurrency is near $0.0008000, however, a further increase in LBlock/USD’s price is expected.

Lucky Block’s price now: $0.0007992
Lucky Block’s market cap: $33.2 million
Lucky Block’s circulating supply: 40.77 B million
Lucky Block’s overall supply: 99.6 billion
Lucky Block’s Coinmarketcap rank: #3808

Key Levels:
Top levels: $0.0007992, $0.0008050, $0.0008150
Base levels: $0.0007985, $0.0007960, $0.0007920

Price Forecast for LBlock/USD: Lucky Block Bulls are rising

Currently, the LBlock/USD four-hour price chart reveals that this crypto has commenced an upside correction. On this chart, one can view the blue Guppy Multiple Moving Averages already intersecting the green candlestick. The implication of this is that LBlock bulls are now supplying some upward push to the price motion. In addition, the SRSI (Stochastic Relative Strength Index) indicator ribbons are rising out of the oversold zone. Consequently, this cryptocurrency is most likely to attain a resistance of $0.0008400 and $0.0008800.

Also, it looks like the leading and lagging GMMA ribbons appear to be converging, and may soon meet. Eventually, if the GMMA ribbons should cut across each other, this connotes that Lucky Block will value a higher resistance mark.

Price Forecast for LBlock/USD: Lucky Block Price Upside Reversal Affirmed

Now on the LBlock/USD hourly chart, things are getting more aligned with anticipations of an upward gain. Here, the candlestick is now more entangled with the quicker GMMA ribbons. Also, the price motion appears to be rising towards the slower GMMA. Consequently, this foretells a more upward price motion.

Additionally, the SRSI here is approaching the overbought zone more intentionally. So, summing up all the given indications this anticipated up-trend might even be stronger than think. Therefore, traders should buy now as prices may skyrocket very soon.

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