Lucky Block Price Prediction: LBLOCK Gain Support at 78.6% Fib Retracement
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Lucky Block has quickly become one of the most popular cryptocurrencies of the year. It comes with a variety of interesting ownership benefits and the potential to profit from price increases. With a slew of exciting changes coming soon, now could be the best moment to add Lucky Block to your investing portfolio.
The current LBLOCK price is $0.003482, with a trading volume of $992,540. In the last 24 hours, LBLOCK coin has been down 6.42 percent. The current market cap is not accessible, and the current market rank is #3200. The circulation supply is unknown, although a maximum of 100,000,000,000 LBLOCK coins are available.
New to Lucky Block?
As we all know, the Lucky Block concept is quite simple. It is developing a decentralized lottery based on blockchain technology. The project’s goal is to address several issues that are currently plaguing the system. For instance, security, liquidity, and payout delays remain highlighted. The coin was introduced in late January 2022, but it has yet to conduct a full lottery. The cryptocurrency initiative continues to draw attention and attract new users. Because online lottery platforms are less expensive than traditional lottery platforms, more people may play online.
The LBLOCK crypto lottery project has sparked a lot of interest since its inception in late January 2022. Based on the rapid growth of the market, the company plans to launch its app on March 21. In addition, on March 25, 2022, the first Luck Block jackpot lottery will be held. There are numerous reasons to consider purchasing Lucky Block, just as there are numerous reasons to consider purchasing Bitcoin. The massive price increases witnessed in the weeks following LBLOCK’s PancakeSwap listing have paved the way for more intriguing exchange listings in the future.
LBLOCK Upcoming Potential Listings
The Lucky Block development team aims for listings on some of the most famous cryptocurrency exchanges. These include Binance, Crypto.com, and FTX. If LBLOCK is accepted for listing on these exchanges, it will dramatically increase the token’s accessibility to investors. Hence, resulting in long-term price rises.
Another reason to purchase LBLOCK coins is the fantastic plan devised by the development team. The roadmap, which can be accessed on the Lucky Block website. It includes a lot of intriguing concepts, such as the debut of Lucky Block products and the organization of huge fundraising events. In the future, there are also plans for metaverse integration and the release of a Lucky Block NFT collection.
Check out the official Lucky Block telegram channel as the LBLOCK market capitalization and other price metrics are updated when an investor purchases LBLOCK .
Crypto.com, Kucoin, OKex, and FTX in Highlights
The Lucky Block development team has applied for listings on several popular centralized exchanges (CEXs). These include Crypto.com, Kucoin, OKex, and FTX, in the near future. Once LBLOCK is listed on these exchanges, investing in the token will become more accessible, resulting in a price increase. Lucky Block has also partnered with well-known sites like DeFi Swap and StakeMoon to increase liquidity. With increased adoption and cooperation with other major blockchain networks, the price of the Lucky Block Network is expected to skyrocket in 2022. That with a maximum trading price of $0.020. However, if we maintain the same price ranges, they’ll be pretty fashionable. If all goes according to plan, in 2022, we should expect an average price of $0.017 and a maximum price of $0.020.
Lucky Block (LBLOCK) Price Prediction – LBLOCK Gain Support at $0.0035
As we previously stated, the LBLOCK is supported and remains bullish above the major support level of $0.0035. At the moment, the LBLOCK/USD coin is trading with a neutral bias at the $0.0034 level during the early European session. The closing of candles above the $0.0035 support level suggests the odds of a bullish reversal in LBLOCK. But at the same time, the downward trend line is likely to extend resistance near $0.0036. The downward trendline is adding selling pressure on the digital asset.
A surge in LBLOCK’s demand can slice through an immediate resistance level of $0.0035. The next resistance level is around $0.0038, and a further uptrend could lead the LBLOCK price towards the $0.0043 level.
On the support side, LBLOCK has already tested the major support level of $0.0035. It’s being extended by a double bottom pattern. On the daily timeframe, the horizontal trendline is also extending to major support at the $0.0033 level. A break below this level exposes the LBLOCK/USDT price towards the next support levels of $0.0028 and $0.0020.
The candlestick pattern “inside bar up” is supporting the chances of an uptrend in LBLOCK. Therefore, it’s worth taking a buy position above the 0.0033 level and vice versa.
That’s all I have for now. Best regards!
