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LBlock/USD Value Prediction: Lucky Block Continues its Quest For Valuing Higher

Johnathon Fox
07/08/2022 | UPDATED ON: 07/08/2022

LBlock/USD Value Prediction: 8th of July 2022

Lucky Block continues its pursuit of higher value marks. This crypto hasn’t ceased to bounce back from setbacks. And in many times It even surpasses expectations. This is indeed crypto to invest in.

LBlock’s current value: $0.0009363
LBlock’s market capitalization: $40 million
LBlock’s circulating supply: 40.77 B million
LBlock’s total supply: 99.6 billion
LBlock’s Coinmarketcap ranking: #3676

Important Levels:
Resistance levels: $0.0009450, $0.0009470, $0.0009500
Support levels: $0.0009363, $0.0009320, $0.0009290

LBlock/USD Value Prediction: Lucky Block Continues its Quest For Valuing Higher

LBlock/USD Value Prediction: Lucky Block Price isn’t Ready to Pull Back

Price movement on the LBlock/USD 4-hour chart reveals that a lucrative trading opportunity is building up. Looking at the chart we can perceive that Price movement volatility is high. Also, the price movement has repeatedly touched the ceiling of the Bollinger band, as price activities stay above the middle layer. This implies that LBlock’s value will continue to rise higher.

Secondly, we can also see the reading of the Stochastic Relative strength indicator. We can see that it has surpassed the 70% mark. Additionally, we can also see that the curves of this indicator appear to be moving sideways, instead of plunging downwards. This signifies that the trend is strong and may take the crypto value to $0.001050 and $0.001100.

LBlock/USD Value Prediction: Lucky Block Continues its Quest For Valuing Higher

LBlock/USD Value Prediction: Lucky Block Price Destined to reach Higher Mark

On this hourly LBlock/USD chart the reading of both the Stochastic RSI and the Bollinger, indicates that the Lucky Block value will continue rising. Firstly, it can be observed that the price movement was able to break the middle band of the Bollinger band downward. Also, we can see that the stochastic RSI curves have already reached the highly sold area. At this point, this implies that the uptrend is too strong to be pulled down. And as such the Stochastic RSI curves will soon make an upward crossing to resume the uptrend. Therefore, traders should buy now as the crypto is destined for a higher value mark.

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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