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Price action in the LBLOCK market is recovering higher levels

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LBLOCK: Oct 4, 2022

very recently, LBLOCK for Price action has broken several higher levels in a short period of time. However, this event also triggered downward forces, which led to the price action. But at the moment, the price action is already preparing to regain higher price levels again.

LBLOCK CURRENT PRICE: $0.0003963
Lucky Block Market Cap: $1.45 Million
Lucky Streaming Show: ——
Total supply of LBLOCK: 3.65 billion
Coinmarketcap Ranking of Lucky Block: #3635

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Important price tags:
Highest: $0.0004000, $0.0004040, $0.0004090
Bottom: $0.0003963, $0.0003924, $0.0003900

Lucky Block Price Prediction: Price action in the LBLOCK market is recovering higher levels

LBLOCK Price Prediction: Lucky Block Prepares To Jump Up From Strong Base

LBLOCK / USDT The four-hour chart reveals the attempts of buyers to pull the price action higher. Until the last candle managed to show that a serious struggle is going on between buyers and sellers, as the body of the candle forms near the side of the buyer. Moreover, the Stochastic RSI lines are approaching each other to indicate an increase in bullish momentum. Also, the price action appears to be standing on very strong support and therefore may move to the upside from here.

Lucky Block Price Prediction: Price action in the LBLOCK market is recovering higher levels

LBLOCK Price Prediction: Lucky Block Uptrend Offers

The hourly chart of LBLOCK clearly depicts the influence of buyers. Here it can be seen that the last two price candles are bullish, with one forming higher than the previous one. The activity here appears to be achieving the aforementioned bullish price retracement, as the price action is moving up from the Fibonacci 100 level. Also, the Stochastic RSI lines have crossed over each other and are now oversold, and they are now moving higher. Traders can expect the price of LBLOCK to reach $0.0004300 soon. Finally, this could be an early detection of a significant upward movement in price, and traders can take advantage of this by buying.

Lucky Block (LBLOCK V2): The Gate.io listing is set for August 25th.

You can buy Lucky Block here. BUY LBLOCK

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Blockchain

Binance US cancels trading fees on Ethereum

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Binance US announced that it has extended its “no-fee pricing model” to Ether (ETH) is effective immediately.

According to the announcement, users can now freely trade Four Ether spot market pairs: ETH/USD, ETH/USDT, ETH/USDC and ETH/BUSD.

Effective immediately, the American exchange has also eliminated gas fees on all Ethereum transactions made through the “buy and sell” feature on their website.

in June, Binance US followed suit Robinhood, which pioneered commission-free cryptocurrency trading in 2018, is powered by remove all bitcoin (BTC) Spot market trading fees for BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD.

Binance US operates as an independent entity in the United States but still bears the same name and logo as global cryptocurrency exchange Binance. As the name suggests, the US-based Binance exchange primarily caters to US cryptocurrency traders.

According to Binance US President and CEO Brian Schroder, the removal of fees on both BTC and ETH cements the company’s position as “the low-fee leader in crypto.” He added that “now, more than ever, it is critical that platforms work with users’ interests first”.

Related: Why the fight for low or no transaction fees is really important

Exchanges play an important role in cryptocurrency adoption. Facilitating fee-free transfers encourages users to engage more with digital assets. If it were costly to send money from one point to another, millions of potential users would avoid or limit their use of the technology.

Exchanges that avoid charging fees can still earn from fee-free transactions through spreads. In trading, spread is known as the difference between the bid (sell) price and the ask (buy) price of a trading pair.