📈 Daily TA: LBRY Credits (LBC/USD)

Hello, dear members of LeoFinance!

Today I want to share the price chart of LBRY Credits - a platform for video content.

In the daily chart (1D), LBC/USD has declined solidly because of the recent correction and has dropped below the 360-day Moving Average: As can be seen from the chart, actually, the current correction has erased the price increase from the first months of the year and now LBC/USD is trading at the lowest levels from 2018-2020. So, in other words, LBC/USD is back at the bottom of the chart.

I am really curious about what is going to happen to LBC throughout the second half of the year.

As of the time of writing, one LBC costs $0,03267 on the Bittrex crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years, and as a cryptocurrency analyst for the last 4 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: LBRY Credits (LBC/USD) | 10-07-2021