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Dalmas Ngetich
Jun 27, 2022

Lisk Technical Analysis: LSK Buyers Targeting $1.45

Lisk Technical Analysis
Lisk token prices are firm, adding 18 percent versus the USDT. In a bullish breakout, LSK may rally to retest June 2022 highs in a continuation pattern, building on recent gains.

Past Performance of Lisk

Currently, the Lisk crypto prices are solid, adding double digits against the USDT. Clearly, from the daily chart, the coin also trades above the middle BB and is back within a $0.80 trade range. Considering the expansion of LSK coin prices on June 27, traders may look for bullish entries in subsequent sessions.

Lisk Technical Analysis

Lisk LSK Daily Chart for June 27

The path of least resistance is northwards, as per the LSK token crypto formation in the daily chart. Even though the long upper wick points to liquidation and rejection of higher highs in lower time frames, there are bullish signals. Accordingly, risk-on, optimistic traders may search for loading opportunities on every correction lower with targets at $1.45. This preview is valid because of the ultra-high trading volumes propelling Lisk coin prices today. Therefore, with the LSK token holding above the middle BB and $1, buyers have the upper hand.

What to Expect from LSK?

Per the LSK technical analysis in the daily chart, buyers are confident. Since the Lisk token is above the middle BB and $1, there is a chance for the coin to retest June 2022 highs.

Lisk Technical Analysis: LSK Buyers Targeting $1.45
Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

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