Value Forecast for LBLOCK/USD: 19th July 2022
In the last post, we saw that LBLOCK/USD is aiming at breaking the level $0.0009000 level. However, as predicted Lucky Block was able to break this level. Currently, this crypto is advancing its quest of reaching higher. As we sleek LBLOCK is now preparing to burst onto the $0.001000 level.
LBLOCK/USD currently value: $0.0009960
LBLOCK/USD market cap: $36.4 million
LBLOCK/USD systemic supply: 40.77 billion
LBLOCK/USD overall supply: 99.6 billion
LBLOCK/USD Coinmarketcap ranking: #3838
Resistance levels: $0.0009785, $0.0009810, $0.0009960
Support levels: $0.0009740, $0.0009700, $0.0009690
Value Forecast for LBLOCK/USD: Lucky Block Value is Rallying
From yesterday till today LBLOCK/USD has put up some interesting performance, breaking forth as predicted. By examining this crypto 4-hour chart, it is clear that this crypto is more likely to experience more upward movement. Also, it can be perceived that high volatility continues to assist this upside motion.
Furthermore, considering the reading indicators here confirms our inference of more upside motion for Lucky Block. The price has largely stayed within the steeply upward price channel, with only a few breakouts. Also, GMMA curves as well remain under price motion, with more possibility of delivering more thrust to the crypto price. This will eventually land this crypto value at say $0.001000 and $0.001700.
Value Forecast for LBLOCK/USD: More Optimism in Lucky Block Market
The hourly chart reveals that the prospect of LBLOCK/USD breaking into the $0.001000 level is maintained. Looking at this chart, we can see that the price motion remains tilted towards the ceiling of the price channel. At the same time, the Guppy Multiple Moving Average is yet to cross above the price activity. Consequently, this confirms that things are aligning towards upside gain.
Additionally, SRSI (Stochastic Relative Strength Index) indicator has already made an upward cross in the oversold area. This predicts that the Lucky Block value will keep trending upwards from here. Finally, traders need to buy at this point since all signs indicate a value increase.
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