Lisk recently experienced 2 slight bubbles, those bubbles were based on promise hype. Currently Lisk is very simple version of Bitcoin, nothing beyond that. We do have delays on rebranding and 1.0.0 release. SDK has been planned on Q4 2017 but seems it will be also delayed. I think now it's time to short and then around 50-60k satoshi entering back again....
Hello guys,
Despite LSK bullish break out above the resistance trend line, LSK bulls are not in the money yet.
USD bulls are pushing LSK prices towards the 20 period MA and support-previous resistance line, and currently $4.7 is turning out to be a minor support line.
Volumes are low and there is a sell signal even though I won’t advise USD bulls to execute...
USD Bulls in charge. Minor support placed at around $4.7 since LSK price couldn't be maintained above $5.5. So far, there is a stochastic sell signal in place meaning USD bulls should drive prices lower at least for the short term.
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