Last Updated on 1 hour by cryptoevent
Lucky Block has made headlines over the past month as the project moves to fulfill the plans outlined in its roadmap. Achievements include listing on Centralized Exchanges (CEXs). Earlier this month, Lucky Block was listed on the MEXC exchange, sparking some gains for the token.
Lucky Block Price Prediction
Positive developments surrounding Lucky Block could see the token start an upward movement in the coming weeks. One of these developments is the listing of the token on the Gate.io exchange.
Lucky Block is scheduled to go live on Gate.io on September 12, 2022. Gate.io is the 5th largest CEX by trading volume. With this listing, LBlock will gain increased liquidity as the token becomes more available to the broader crypto space.
The LBLOCK V2 token has already been listed on MEXC and LBank. The listings saw an increase in trading volume and prices, with the same trend set to repeat once the token goes live on Gate.io.
At the time of writing, LBLOCK was trading at $0.000387 according to data CoinGecko. LBLOCK’s chart shows that it could be one of the most undervalued cryptos with most indicators pointing to a buy as shown below:
Lucky Block’s Relative Strength Index (RSI) is currently at 32, which shows that the token is oversold. The RSI indicator is showing that it might be a opportune time to stock up on LBLOCK as an uptrend at the current price is now more likely.
On the other hand, the moving average convergence divergence (MACD) is below the zero line, which shows that the best strategy is to buy. The MACD is one of the best indicators for determining entry points and the current trend line shows that the current price is a great entry point.
Lucky Block’s commitment to meeting its roadmap goals
LBlock has shown great commitment to achieve its roadmap. One of the forthcoming developments is the launch of the Lucky Block Bridge, which could go live in September.
When the bridge launches in September, it will be in the background of Gate.io’s listing and LBLOCK could surge to new highs. The Lucky Block Bridge is a crucial tool for the Lucky Block ecosystem as it allows holders of the LBLOCK V1 and LBLOCK V2 tokens to exchange the two in different directions. CertiK is currently testing the bridge to ensure it is not vulnerable to attack.
The Lucky Block NFT competition platform also creates a positive case for LBLOCK. Players can enter the competition by purchasing an minted NFT for each prize.
Some of the amazing prizes that can be carried on the competition platform include VIP tickets to the FIFA World Cup, a house, $1 million worth of Bitcoin, a Bored Ape Yacht Club NFT and much more. In addition, Lucky Block’s jackpot draws are now live daily. The jackpot tickets are available for $1 LBLOCK V1 tickets.
Related
- Lucky Block Price Prediction 2022-2025
- Lucky Block LBLOCK V2 Price Pumps, up 24% to 0.002831
- Where to Buy Lucky Block Token – Best Crypto for 2022
Tamadoge (TAMA) – The next big meme coin
- Beta Sale Ends September 2022 – tamadoge.io
- Deflationary, low supply – 2 billion
- Go to Earn, Metaverse Integration on the roadmap
- NFT Doge Pets – Potential for mass adoption
- Play to Earn Utility – Rewards Tokens
The post Lucky Block Price Prediction: Ranging Action as Market Eyes Gate.io September Boost appeared first on Business 2 Community.
https%3A%2F%2Fwww.business2community.com%2Fcrypto-news%2Flucky-block-price-prediction-ranging-action-as-market-eyes-gate-io-september-boost-02538832
Be the first to comment