Free $2M Giveaway Tickets For All Lucky Block Holders – Good Time To Buy?
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- Lucky Block proposes a global game in which participants will use Blockchain technologies and the Binance smart chain.
- Lucky Block price is $0.001070, with a 24-hour trading volume of $236,434. In the last 24 hours, Lucky Block has gained 5.77 percent.
- LBLOCK has formed a tweezers bottom candlestick pattern that’s likely to trigger a bullish bounce-off in the LBLOCK token.
In recent years, the cryptocurrency sector has grown in popularity. While bitcoin changed the financial world in 2008, thousands of crypto assets are now available, including Lucky Block’s LBLOCK token. Lucky Block proposes a global game in which participants will use Blockchain technologies and the Binance smart chain. Lucky Block’s mission is to increase gaming transparency and fairness by developing a draw game in which every participant has a better chance of winning, while also providing a sound investment plan for token holders and contributing to the community.
The world’s fastest-growing cryptocurrency is LBLOCK. The current Lucky Block price is $0.001070, with a 24-hour trading volume of $236,434. In the last 24 hours, Lucky Block has gained 5.77 percent. The current market rank is #3592 with a live market cap of not available. The maximum supply of LBLOCK coins is 100,000,000,000, with no circulating supply.
LBLOCK is gaining popularity all over the world. This could be related to the recently announced $2 million prize pool for token holders. Lucky Block, a cryptocurrency prize draw and giveaway project, has announced a prize pool of more than $2 million for its groundbreaking free-to-enter jackpot, with a portion of the proceeds allegedly going to charity. Lucky Block has created a “trustless” cryptocurrency game that uses smart contracts to collect and distribute rewards based on predefined rules.
Free $2M Giveaway Tickets For All Lucky Block Holders
Lucky Block, a decentralised crypto prize draw and giveaway project, has announced a prize pool of almost $2 million for its groundbreaking free-to-enter jackpot, with a portion of the proceeds allegedly going to charity. All holders of LBLOCK, the project’s native token, will be eligible to participate in this month’s prize, which will be the first of many. Due to its attractive tokenomics, which include a 12% transaction levy to discourage speculative trading, Lucky Block has attracted over 50,000 token holders. After this announcement, the price of LBLOCK has gone up by 21% in the last 24 hours as investors rush to buy the token before the upcoming giveaway.
The Daily NFT Prize Draw
Lucky Block also has a daily NFT draw in addition to the main jackpot. This prize draw is open to holders of non-fungible tokens (NFTs) who have acquired at least one of the 10,000 limited-edition Platinum Rollers Club NFTs produced by Lucky Block’s development team. According to the project’s official website, Lucky Block’s NFT holders will share a $10,000 daily prize pool, with a one-time prize of a Lamborghini valued at £270,000 awarded to one lucky NFT holder once all 10,000 NFTs have been sold. Because of these announcements, investors bought tokens so they could take part in the future giveaway, which drove up the price of LBLOCK.
The Cryptocurrency Market Drops
The recent severe falls in the crypto market, on the other hand, had no significant impact on the LBLOCK prices. Last week, the cryptocurrency market lost traction as Bitcoin dipped below $27,000 for the first time in almost 16 months, as investors worried about rising inflation and the failure of a contentious stablecoin project. According to the data, the price of bitcoin dropped to $26,595.52 on Thursday morning last week. Bitcoin hasn’t been below $27,000 since December 30, 2020.
Lucky Block Technical Outlook – $0.0010 to Drive Uptrend
The LBLOCK/USD coin is trading at $0.0011 after bouncing off the $0.0010 support level. LBLOCK/USD seems to violate the downward trendline at the $0.0011 level, and the closing of candles outside this line supports buying. As discussed in the previous report, a majority of the LBLOCK sell-off can also be attributed to a sharp drop in the crypto currency market. If you’re keeping an eye on the market, you should be aware of Terra LUNA and UST. It has had a negative impact on Bitcoin and altcoin trading sentiment and has forced LBLOCK to wait. However, the risk-off sentiment seems to be fading now, and LBLOCK is one of the coins that’s looking to keep up with its bullish momentum. Having said that, the violation of the downward trendline can extend the upward trend until the next resistance levels of $0.001235 and $0.001390.
A surge in demand could push the LBLOCK price up to the next resistance level of $0.00166. On the 4 hourly timeframe, the LBLOCK has formed a tweezers bottom candlestick pattern that’s likely to trigger a bullish bounce-off in the LBLOCK token. So, if you are looking for a buying spot, $0.0010 is your zone.
What If LBLOCK Breaks Below $0.0010?
On the downside, the immediate support level for the LBLOCK/USD coin remains at $0.0010. A significant increase in selling pressure could result in a bearish breakout below $0.0010. As a result, the LBLOCK price is likely to be exposed to the $0.00098 or $0.00078 level. Consider buying above $0.0010 with a $0.0014 or $0.0017 target. Good luck!