Lucky Block Price Prediction: Why Could $0.0018 Drive Uptrend?
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
The current Lucky Block price is $0.001998088896, with a 24-hour trading volume of $566,886. In the last 24 hours, the price of LBLOCK has fallen by -1.6 percent. It has a total supply of 100 billion LBLOCK coins and a circulating supply of 0 LBLOCK coins. If you want to buy or sell LBLOCK, LBank is the most active exchange right now. Lucky Block’s 24-hour trading volume is $566,886.
What is Lucky Block?
Lucky Block is a blockchain-based online lottery platform that offers safer gambling and quicker rewards. According to the whitepaper, it focuses on encouraging open and honest gaming practices. In the last 24 hours, the price of Lucky Block has dropped by more than 3.82 percent. Lucky Block is one of the newest cryptocurrencies to enter the market this year.
On February 17, 2022, LBLOCK reached an all-time high of $0.009745543827 and it reacged all-time low of $0.000432439869 on January 27, 2022. LBLOCK can be traded on LBank and PancakeSwap (v2).
By the way, when an investor purchases Lucky Block in the official Lucky Block Telegram group, the Lucky Block market capitalization and other price metrics are updated. Let’s take a look at major developments.
Investors and observers are unable to quantify the risk of the LBLOCK due to a lack of credible data. This could be due to the coin’s newness, the fact that it is rarely traded, or the fact that the developers of this specific crypto project have not made the necessary efforts to ensure that this information is disseminated. Instead, investors should avoid coins with insufficient data because proper evaluation is difficult.
LBLOCK Key Milestones
On the plus side, LBLOCK has announced a number of key milestones and improvements that may have an impact on the value of the LBLOCK token.
LBLOCK’s Android Application
LBLOCK’s Android application was released in March 2022, allowing people worldwide to download and try the blockchain-based lottery-style game. The app has been approved for distribution in 150 countries, demonstrating that it complies with all local laws. As a result, the declines may be temporary.
LBLOCK Version 2
Lucky Block released version 2 of its network in February 2022, which is Ethereum (ETH) compatible and serves as a gateway to the vast universe of Ethereum assets, apps, users, and dealers. The team devised a new tax policy to make the coin more “exchange-friendly,” increasing its chances of being listed on large, centralized exchanges.
LBLOCK NFT
LBLOCK also announced the world’s first non-fungible token (NFT), which may help the LBLOCK coin gain even more value. Meanwhile, the LBLOCK development team is looking into listing on significant cryptocurrency exchanges such as Binance, Crypto.com, and FTX. If these exchanges accept LBLOCK, more people will be able to invest in the token, which will result in long-term price increases.
Lucky Block Price Prediction – Bullish Correction
Recalling our previous Lucky Block Price Forecast, the technical outlook hasn’t changed a lot. On Tuesday, the LBLOCK/USD coin was trading at $0.0020 with a slight bearish bias. During the previous week, LBLOCK/USD tested a double top resistance level of $0.0033, however, it failed to slice through.
At the moment Lucky Block is trading with a slight bearish bias at the $0.0020 level. It’s gaining strong support at the $0.00179 level. The breakout of this level is likely to drive strong selling until the next support level of $0.000648 level.
On the higher side, a surge in demand can lead LBLOCK price towards the next resistance level of $0.0033. A slice through the $0.0033 level can expose the token price towards the next resistance level of $0.0049 level.
On the downside, the LBLOCK/USD coin’s immediate support level stays at the $0.0017 level. A sharp increase in selling pressure could result in a bearish breakout below the $0.0017 level. In that case, the LBLOCK price is likely to be exposed to the $0.0012 level or $0.0006. Consider buying above $0.0018 with a target of $0.0027 or $0.0033. That is all I have for the time being. All the best!
