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Price Analysis

Lisk Price Analysis: Will Lisk (LSK) Price Continue Its Current Price Momentum?

  • Price variations over the past 5 days indicate a positive stable upward movement with minor hiccups

Lisk (LSK) is one of the important blockchain platforms, which gives full power to developers to build their own blockchain application in JavaScript, which then runs on Lisk’s own blockchain as a sidechain project. The price of LSK over the past 5 days has shown a stable upward movement with slight downward variations; the price has moved in the range of $1.74 -$2.18. It would be interesting to watch the growth of Lisk, which has mass adoption in mind, in the near future.

Current Statistics of Lisk Coin:

On June 28, 2019, at 7:26:54 UTC, current statistics are:

Lisk Price Chart - 28 June
Lisk Price Chart
  • The market price of LSK is $1.95006120
  • Current market cap is $228,735,882
  • 24 Hour Volume is $10,853,097
  • ROI is at a negative 4.81%.
  • The Circulating Supply is good at 118,074,431 LSK

Lisk Price Comparison:

Over the past 5 days, the price of LSK moved from $2.17400955 on June 23 to a low of $2.04921246 on June 23 within a span of 17h 45m, the downward movement being to the extent of 5.61%. It then showed a slight upward movement of $2.13773133 on June 24 after a gap of 7h 10m; upward swing was to the tune of 4.46%. On June 26 after a gap of 2d 2h 50m, the price fell to $1.96069360 to the extent of 8.28%. It shot up to $2.18271632 on the same day after a gap of 8h 45, the upward movement is 12.03%. In a day’s span of 1d 4h 10m on June 27, the price fell to $1.74737765 to the extent of 19.94%. Current day’s price is $1.95006120 showing an upward movement of 11.45%. The price fluctuation has been in the range of $1.74 -$2.18, indicating that if Lisk price is slowing showing an upward price trend, which is a good thing.

Lisk Price Prediction:

The year 2018 and early 2019 did not begin on a good note for Lisk. However, during the past few months, the price of LSK has shown a slow and steady upward movement, meaning that it is getting out of the bear momentum. This is a good sign for the Lisk community. Analysts also feel that the current short-term bull momentum should continue and Lisk price will keep gaining at a stable phase, have kept the year-end target of around $3 -$4 for the coin.

Conclusion:

There have many developments happening in the Lisk platform, which should further boost its price. For long term investors, now is the best time to buy. Short term investors should be cautious before investing.

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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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