- Lisk coin price is currently observing a consolidated momentum on the daily chart. It may soon see a positive breakout for $5.
- LSK coin price technical indicators suggest a consolidated momentum for upcoming days . Meanwhile, the LSK/BTC pair is observing a gain of 0.6% in the intraday session.
LSK coin price is currently observing a consolidated momentum on the daily chart and can hit the new high in the future. It is currently trading near the value of $2.29 and has seen a gain of 0.5% in the last 24 hours. Resistance for LSK on the upside can be seen near the value of $5, and on the downside, the support can be found near $1.
The ROI of the coin is more than 2916% which has always attracted the investors for a long time. The price of the asset has seen a jump of more than 10X in the past few days.
The LSK/BTC pair is also observing a weak bearish momentum and can hit the new low. One can invest in LSK as per their risk capacity and as per the price action.
Lisk token is currently ranked 117th in the CMC and has a market dominance of more than 0.02%.The volume of the asset has seen a decline of 0.6% in the past 24 hours. The volume to market cap ratio of the LSK suggests a bearish momentum for upcoming days. One can buy them when the ratio shows a significant increase.
Technical Indicator Suggests A Consolidated Momentum For LSK Price
The weekly technical chart of the LSK coin suggests a bearish momentum for the upcoming weeks. On the daily chart the asset price is showing a consolidated momentum. The consolidated momentum of LSK can continue for upcoming days.
Lisk coin price is trading below 50 and 100 Days Moving Average, with a negative crossover in the past. The 50MA line is near the value of $2.7, making it a temporary hostile region for the price. LSK/BTC pair can also see the new highs being formed in the future.
Conclusion
LSK coin price is currently in a consolidated momentum but can soon revert to the bull trend. The LSK/BTC pair can also show positive momentum and can see a strong uptrend.
Technical Levels
Major Support:$1
Major Resistance:$3