👀Huobi x CoinMarketCal👀A Coin To Keep An Eye On!
The coin of the week is powered by Coinmarketcal.com. If you want to learn about the hottest events in crypto definitely give them a visit.
Now, lets take a look at the pick of the week!
Established in May 2016, Lisk is an open-source project focused on blockchain accessibility. Lisk’s ecosystem offers everyone the opportunity to benefit from blockchain technology through developer tools, cryptocurrency wallets, and a vibrant community.
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📅Event: Sept 28th -Reward reduction from 2 to 1 LSK from coinmarketcal!
📈Analytics:
After retracing its Q3 gains, LSK could be finding support near the 62% retracement near 2018 yearly low at $1.0504.
Bulls could enter on a test of support at the 62% retracement. Targets range from the key high at $1.29 to the highs at $1.449 and $1.5157 if the halving prompts further bullish continuation.
Bears could look for weakness in the current region and at probable resistances near $1.34 and $1.585 while targeting down to the quarterly lows at $1.003 and $0.8949.
🔹Trade LSK
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