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Price Deduction for LBLOCK V1: Lucky Block V1 Is Leaping Towards Higher Resistance

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Lucky Block: September 17th

Lucky Block v1 price action is already correcting towards higher price levels, not long after a downside correction. Trading indicators in this market are also confirming this new development.

Lucky Block v1 Value Now: $0.0004093
LBLOCK v1 Market Capitalization: $16.39 million
Lucky Block v1 Moving Supply: 40.77 billion
LBLOCK v1 Total Supply: 99.6 billion
Lucky Block v1 Coinmarketcap Ranking: #4212

Key Value Marks:
Resistance Marks: $0.0004093, $0.0004127, $0.0004160
Support Marks: $0.0004050, $0.0004010, $0.0003980

Price Deduction for LBLOCK V1: Lucky Block V1 Is Leaping Towards Higher Resistance

Price Deduction for LBLOCK V1: Lucky Block V1 Starts Its Upward Value Recovery

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No sooner than price movement arrives at the lower limit of the Bollinger indicator, did signs of an upside reversal starts showing up. At this point, traders can anticipate that price LBLOCK/USD price action will rebound upwards since this is the mode of operation of this indicator. Additionally, the Stochastic RSI is reflecting the influence of buyers, as its quicker line seems to make a bend towards the slower one. As a result traders in this market can anticipate that price may retrace above $0.0004250.

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Price Deduction for LBLOCK V1: Lucky Block V1 Is Leaping Towards Higher Resistance

Price Deduction for LBLOCK V1: Lucky Block V1 Is Leaping Towards Higher Resistance

Price Deduction Fro LBLOCK V1:  Lucky Block V1 Price Uptrend Has Started

Looking at the LBLOCK/USD hourly chart we can see that price action has taken off towards the middle limits of the Bollinger. And, the possibility of the price will soon recline above the middle limit of the Bollinger is more likely now as the RSI keeps rising upwards. Furthermore, the last candle here portrays that buyers are already winning. Should this form continues the RSI will move further towards the overbought, and the price will move further upwards. Traders should get in on this market as soon as possible..

Lucky Block (LBLOCK V2): Gate.io listing has been set to be done on 25th August.

You can purchase Lucky Block here. Buy LBLOCK

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  • Source: https://insidebitcoins.com/news/price-deduction-for-lblock-v1-lucky-block-v1-is-leaping-towards-higher-resistance

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