Price Analysis of Etherparty (FUEL) and Lucky Block (LBLOCK)

Let us go through the technical analysis of Etherparty (FUEL) and Lucky Block (LBLOCK), as they have been delivering high performances in the past 24-hours. These cryptocurrencies have been performing really well and it is important to look at their future performance.

Etherparty Bulls push it up by 91.33%

Etherparty has been growing fast in terms of its value and it is all because of the input of the bulls in the past 24-hours. It was seven days back when Etherparty’s value was at a low of $0.0003058 per FUEL. As the bulls kept purchasing Etherparty on a high scale, it formed a 91.33% rally, which pushed Etherparty’s value to a high of $0.0005349 per FUEL.

The bulls have been building constant pressure over the bears as they have been accumulating Etherparty on a high scale. This has resulted in pushing the trading volume of Etherparty by 1527.52% and it is now sitting at $339,679.

As the bulls keep building more momentum in favor of Etherparty, its value may experience a significant rise, getting pushed up to $0.0007791 per FUEL.

With more investors coming in favor of the bullish trend for Etherparty, its value may surge to $0.0009571 per FUEL. As the bulls go for higher gains for Etherparty, its price may surge to $0.001066 per FUEL.

On the contrary, if the bears launch their selling attack against the bulls, then Etherparty’s value may plummet to $0.0004814 per FUEL. Although the bulls may try and defend the price of Etherparty at $0.0004814, if the bears win, then Etherparty’s value may dip to $0.0004332 per FUEL.

If the price of Etherparty plummets to the second support mark ($0.0004332), the bears may continue with the ripping. This would result in pushing the value of Etherparty down to $0.000899 per FUEL.

Lucky Block Bulls push it up by 89.25%

Lucky Block is also going for a high-speed run as the bulls have rallied to push it up to its current price of $0.003936 per LBLOCK. The reason behind Lucky Block being able to hit the high mark is the 89.25% rally the bulls have formed in the past 24-hours.

If the bulls continue adding more value and demand to Lucky Block, more investors would continue residing within the bullish territory. This would push the price of Lucky Block up to the first resistance mark of $.005692 per LBLOCK.

As the bulls keep going for higher gains, the value of Lucky Block may grow even higher. The second resistance mark the bulls may have in sight for Lucky Block would be $.006963 per LBLOCK. The bears may try really hard to defend the second strong resistance mark and if they fail, then the bulls may push Lucky Block to $.007740 per LBLOCK.

Author: Jerry Dedmon

Jerry Dedmon is a new writer on Cryptocoin Stock Exchange, his articles are cryptocurrency news, analysis and blockchain news based. We recommend tuning in for Jerry's daily posts as they are always a great and interesting read.

Leave a Reply

Your email address will not be published.