Lisk [LSK] Technical Analysis and Price Prediction 2018, 2020 22165
Analysis
Jessica Kuruthukulangara
Sep 1, 2018 at 5:00 AM

Even though Lisk [LSK] recently migrated the Lisk Core 1.0 version to its Mainnet, the coin has not risen significantly in terms of value in recent days. In the last week, Lisk [LSK] witnessed a 6.9 percent drop in its value. However, in the month of August, the crypto rose 3.8 percent.

LSK/USD

The digital asset initially found support at $4.51, but failed to post solid gains. At present, the coin is attempting to break out from the current resistance level, which can be found at $4.72. The crypto is currently exhibiting a brief consolidation phase.

The 100 EMA line, at the time of writing, indicated that LSK was in a downtrend. The MACD showed that the virtual currency was locked in bearish territory. The coin was exhibiting a significant trading range of $4.40-$4.84. As of 2230 GMT, the crypto had edged up 1.1 percent against the U.S. dollar to trade at $4.66.

Lisk [LSK] Technical Analysis and Price Prediction 2018, 2020-BCFocus

LSK/BTC

At the time of writing, the digital coin had inched up 0.01 percent against BTC. Currently, one LSK is equivalent to 0.00066 BTC.

Lisk [LSK] Price Prediction 2018, 2020

  • Tradingbeasts has predicted that the coin will reach around $14.04 by the end of this year. The year 2020 will see the coin rise to $26.41.
  • According to Smartereum, LSK will trade at around $45 in one year. In five years, it is expected to touch $106.

Lisk [LSK] Latest Updates

Lisk [LSK] marked a new milestone on Wednesday, which was when the Lisk Core 1.0 migration to its Mainnet officially began, after months of stringent development and testing. The new version features an upgraded API design, a P2P communication layer and code migrated to JavaScript ES6. It also comes with a new data field that allows users to include a custom message with a transaction.

See also:

EOS [EOS] Technical Analysis and Price Prediction 2018, 2020

Cardano [ADA] Technical Analysis and Price Prediction 2018, 2020

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