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Price Analysis

Lisk Price Analysis: Lisk (LSK) Finds It Difficult To Rise Above Its Bearish Zone

  • The adoption of JavaScipt has made it a hot favorite of developers
  • Key tie-ups with industry bigwigs have attracted investors to the coin
  • 24-Hour Volume is $ 9,197,824

Lisk is a dynamic decentralized network on the blockchain platform using JavaScript and has been created with mass adoption in mind. This platform allows developers to create dApps with the use of sidechains — one of the most stable coins in the crypto market and arousing the interest of investors.

Lisk Price Current Statistics:

On June 12, 2019, statistics at 6:25:01 UTC is as mentioned below

Lisk Price Chart -12 June

  • The market price of LSK is $ 2.05
  • Current market cap is $ 250,906,217
  • Though the ROI is a lowly 4.78%, the Circulating Supply is a healthy 117,658,436 LSK
  • Current rank has increased to 38
  • 30 Day High/Low-$ 2.34/$ 1.78

Lisk Price Comparison:

Over the past month, the price of was trading as high/low as $2.34/$/$ 1.78. The price movements have been to the tune of 12.39% less and 15.16% more than the high and low prices respectively as compared to today’s price of $2.05. This indicates that LSK price has moved ahead of its 30 Day High price. This is a positive development for LSK community and will help in raising the bar for coin in days to come to rising above its current bearish zone.

Lisk Price Prediction:

Lisk has been one of the most reliable and stable coins, even in the crypto market crash of 2018. The platform is very user-friendly, has faster transaction speed, and is easily accessible. Has entered into key tie-ups with global business institutions, thereby garnering investor interest in the coin. Boasts of one the best and highly talented developer teams who are constantly upgrading the features and have created the system with mass adoption in mind.

The short-term outlook is very bullish though analysts are skeptical about the medium-term prospects. However, Lisk has constantly been proving itself, and analysts predict the LSK price to end on a high note of $2.5 – $4 by the year-end. The coin has always bounced back whenever the price plunge or dense volatility took place in the market.

Conclusion:

An investor should be cautious and wait for the right time. Existing investors should hold the coin as it is a smart bet for a long-term opportunity. Lisk is all set for a bright future.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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