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- LSK is trading in an uptrend, while price taking the support of 20-DMA and ready for the targets of $1.96 and $2.30 respectively
- The pair of LSK/BTC is trading near its 52-week low, currently standing at 0.00004080 BTC with an intraday gain of +3.73%
Lisk (LSK) heading to retest its support, after the positive breakout from the symmetrical triangle pattern which is now acting as a new support level. Currently, LSK is trading on the bullish note while taking the support of 20-Day Moving Averages (DMA) at the same time it holds 50,100 and 200-DMA which indicates its bullish momentum for upcoming trading sessions. The levels which can be expected in the upcoming trading session are $1.96 and $2.30. LSK is placed at the 115th rank with respect to the total market capitalization, which increased over +5.91% in the last 24-hour standing at $208,883,663. The volume recorded intraday is $18,632,316 with a drop of -11.17%.
LISK (LSK) over the weekly time frame is trading under the symmetrical triangle pattern and a breakout is observed from the pattern. Meanwhile, the EMA of 20-day is heading closer to 50-day and is about to give a positive crossover in the upcoming trading session which generates a bullish momentum. Currently, LSK is trading at a day high of $1.63 with an intraday gain of 7.38%.
Relative Strength Index (Bullish) indicates a bullish momentum while trading at 62.47. However, it is currently heading towards an overbought zone after recovering from lower levels with no sign of weakness.
Moving Average Convergence Divergence (Bullish) currently indicates a bullish trend on the daily chart as giving a positive crossover with the significance of Buyer’s line (green) over seller’s signal line (red) with no sign of weakness.
Support levels: $1.46 and $1.37
Resistance levels: $1.90 and $2.05
