POLONIEX:LSKUSD   Lisk / Dollar (calculated by TradingView)
Following the previous idea on Lisk, it has reached the final upside target near $40 and rejected it. Now the picture of the further development of Lisk against USD is not that clear. After rejecting $40 resistance price went back and currently testing the support at 527.2% Fibonacci, that is $28.

It remains to be seen if this support level will hold or not. Break and close below the $28 should push Lisk further down, perhaps to the next support level at $20 area. While if the $28 support will be respected, there are all chances that Lisk will continue the uptrend and could go up to $56, that is another 100% growth potential.

All-in-all, currently Lisk is not the most attractive coin as the downside pressure remains. Only a break above the $38 could confirm the continuation of the uptrend.
Trade closed: target reached: downside target hit
Comment: now lisk should go up
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I think it will reach 40 dollar soon, in february the rebranding is sceduled, so this could be the reason to go up
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Been holding lisk since $2 and holding long term, but I like when it gets any sort of attention! Keep up the good work, much appreciated!
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great work.
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@abail, appreciated :)
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