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LBLOCK/USD Value Forecast: LBLOCK Aiming Beyond $0.0007000

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

LBLOCK/USD: 7th of August 2022

Shortly after LBLOCK found support around $0.0006700, this crypto is already correcting upwards. This move, however, is creating a trading opportunity. Furthermore, this trading opportunity will be emanating from the fact that more buyers are now entering the market. Also, the crypto may soon find higher support anytime from now. And, once that is done price may move on from there, subsequently rewarding the dip buyer.

Current Value of LBLOCK: $0.0006985
LBLOCK’s Market Capitalization: $41.1 million
LBLOCK’s Moving Supply: 40.77 billion
LBLOCK’s Total Supply: 99.6 billion
LBLOCK’s Position on Coinmarketcap: #3080

Important Price Marks:
Ceiling: $0.0006944, $0.0006975, $0.0006985
Floor: $0.0006980, $0.0006958, $0.0006940

LBLOCK/USD Value Forecast: LBLOCK Aiming Beyond $0.0007000

LBLOCK/USD Value Prediction: Lucky Block Commences its Upside Movement

LBLOCK/USD chart portrays that this crypto has already started an upside correction. This can be seen by the appearance of a hammer-like Doji candle, followed by an inverted big bullish candle. And the last candle here is a hammer-like candle all of these candle formation, reveals that strong upside movements are coming up.

Additionally, looking at the Stochastic RSI indicator for this chart, we can see that these Indicator threads have already crossed each on their way down. Consequently, this implies that instead of subsequently price candle forming lower, it will rather form higher. Eventually, the price of this crypto will keep going up. And at that, we can anticipate LBLOCK will soon value $0.0007000 and perhaps $0.0007500.

LBLOCK/USD Value Forecast: LBLOCK Aiming Beyond $0.0007000

LBLOCK/USD Value Prediction: Uptrend in Lucky Block Market Confirmed

The LBLOCK/USD hourly chart discloses that may be stronger than anticipated. Here we can see that a bullish candle has just formed at the moving average line of the Bollinger indicator. Consequently, this indicates that the price of Lucky Block is more likely to bounce upwards from here. Also, the ascension of the Stochastic RSI indicator threads into the oversold region confirms that the trend will continue. Traders should keep buying as they will soon be rewarded for their effort.

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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