- Lisk (LSK) is trading with bullish momentum gains over +8.25% in today’s trading session, heading towards the resistance zone
- The pair of LSK/BTC is trading at the price level of 0.00007582 BTC with an intraday gain of +6.91%
The monthly chart of Lisk (LSK) indicates the bullish momentum, making the sequence of higher highs and lower lows. The coin slips after testing the level of $1.59 profit booking pulls the coin to the levels of $1.16; however, the recovery pulls the coin, and after making a low of $0.16, the coin is in bullish momentum trading in the rising channel pattern heading towards the supply zone or resistance zone. LSK finds support at the price level of $1.16, and $0.9345 will act as the strong support, whereas on the higher levels, the resistance is placed at $1.60 and $2.80. Whereas currently, it manages to sustain the 9, 21 & 50- Day moving averages successfully.
The daily chart of LSK is heading towards the resistance zone. However, trading in the rising channel pattern makes the higher highs and lower lows. The coin is trading at the price level of $1.55 with an intraday gain of +8.25%, supported by the volume recorded in the last 24-hours of $6,874,095, and the total market capitalization stands at $184,327,361. In the past seven days, the performance of LSK has gained over +16.25%. It finds the intraday support at the level of $1.32, and the resistance on the higher side is placed at $1.59
The Relative Strength Index (RSI) is trading at the level of 64.85 after falling from the overbought zone currently trading flat.
Directional Movement Index (DMI) is trading with no clear indication.
Moving Average Convergence Divergence (MACD) after the positive crossover, it is now heading for the negative crossover indicating the bearish motion.
Support levels: $1.16 and $0.9345
Resistance levels: $1.60 and $2.80
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