After 1 year in the down channel lsk walks out of it. The resistance is now a supportline.
A clear breakout with volume could give us a good sign to start a new channel.
Upcoming on Lisk:
- Voting on the next "Bitpanda" coin/token twitter.com
- Lisk-SDK (Alpha) is on the way...
Lisk / USD Short-term price analysis
Lisk has a bullish short-term outlook, with the cryptocurrency building strength above its 50-period moving average and trading back towards the best levels of the year so far.
The four-hour time frame shows that bearish price patterns are being invalidated, as LSK / USD buyers retain firm control of price-action in the...
The one-year forecast for this cryptocurrency is around $2. Within a five-year timeframe, it is expected to rise to $50. This ensures that you will be able to get a significant amount of return within a five-year period.
The main reason for the astronomical rise in the prize of this cryptocurrency is the blockchain on which it operates. It makes it much easier for...
. Lisk/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. While the RSI downtrend is not broken, bearish wave in price would continue.
. The price downtrend in the daily chart is broken, so the probability of the resumption of...