- LSK coin price action testing the 200-EMA during the intraday trading session.
- The 24-hour trading volume is at $48 million.
- LSK/BTC pair is trading neutral by 07% at 0.00007292 BTC.
The daily technical chart of the LSK coin projects an uptrend. According to Pivot points (FIB), LSK’s crucial support level is $1.77. Conversely, if it moves up, the necessary resistance level to observe is at $3.75. Thus, while the intraday chart forms a bullish harami candlestick pattern, predicting prices is in an uptrend with medium dependability.
The exponential moving average (EMA) composed of 20,50,200-EMA can be a reliable support for currency price changes. However, investors can observe that the price is testing the orange line 200-EMA, ensuring a downward trend of LSK price until it stays below the 200-EMA.
The volume of (643.11K) is beneath the MA of 20-days (1.962M). Buying pressure is moderate in the coin, causing its price to remain around the support zones. Investors may also observe diminishing volume bars in the chart, which indicates a big move is expected in upcoming trading sessions.
The CCI indicator gave a (bullish) signal with 180, projecting a buy signal in the coin. Investors may observe a declining slope from 90 to 182. It may plunge in future trading sessions.
Lisk (LSK) Coin Lacks Buying Volume
LSK coin price is at $3.08, with a daily gain of 5.6% and a weekly gain of 28.9%. In addition, the price is testing the 200-EMA. The CCI indicator shows a buy signal, and the traders have guided moderate selling pressure. Technically, the price shows signs of positivity and remains in an uptrend. Therefore, as with overall market sentiment, the trend remains bullish.
Resistance Level: $3.75
Support Level: $1.77