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Value Forecast for LBLOCK/USD: Lucky Block Bounces Upwards From $0.0009500

Johnathon Fox
07/31/2022 | UPDATED ON: 07/31/2022

LBLOCK/USD: 31st of July

After Lucky Block has faced some serious selling pressure, indications of fresh upward momentum gain are already appearing. And, with this upcoming momentum, the LBLOCK/USD price is getting ready to move upwards. This is creating a trading opportunity for as many that will buy into its market.

Current Price of LBLOCK: $0.0009786
Market Cap of LBLOCK: $48.8 million
Systemic Supply of LBLOCK: 40.77 billion
Overall Supply of LBLOCK: 99.6 billion
Ranking of LBLOCK: #3136

Major Price Marks:
Top Marks: $0.0009700, $0.0009786, $0.001000
Base marks: $0.0009800, $0.0009700, $0.0009450

Value Forecast for LBLOCK/USD: Lucky Block Bounces Upwards From Around $0.0009500

 

LBLOCK/USD Price Forecast: Lucky Block Momentum is Building Up

On the LBLOCK/USD trading chart, there are signs that we are at the beginning of an uptrend. Although the 9 and 21-day Exponential Moving Averages are above the movement of the price, it won’t be for long. With a closer look at this chart, it can be observed that the last candlestick on this chart is almost touching the candlestick. Consequently, this is indicating the Lucky Block price will soon be seeing an upside. This is because once the candles cross above the downward sloping EMA curves, the following crossing of this EMA curve will give further upward thrust to the price. Also, the Stochastic Relative Strength indicator can be seen to have crossed and now sloping upwards. This is portraying the upcoming trend.

Value Forecast for LBLOCK/USD: Lucky Block Bounces Upwards From Around $0.0009500

LBLOCK/USD Price Forecast: Lucky Block Optimism Stays Sharp

The LBLOCK/USD reveals that the aforementioned uptrend is gradually being achieved in a shorter time frame. Furthermore, on this chart, the candlestick is already trapped in between the EMAs. Consequently, this event has increased the chances of a further price increase. Also, the SRSI curves kind of desisted from a downward cross and is now pointing upwards into the overbought region. Therefore, Lucky Block’s price will likely reach as high as $0.001100 and $0.001150 very soon.

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.

View all posts by Johnathon Fox →
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