With the launch of the Lucky Block Casino and Sportsbook, the LBLOCK price forecast remains bullish above the $0.00020 support level. Lucky Block, a cryptocurrency-powered startup that just built an online casino and sportsbook, plans to enter the online gaming business. The brand has established itself as a crypto mainstay by gaining sponsorships from boxers such as Dillian Whyte, Florian Marku, and Savannah Marshall.
Having said that, Lucky Block is now able to compete with some of the industry’s most well-known names.
One of the best new NFT projects is the Lucky Block Platinum Rollers Club, which have as their brand ambassador heavyweight boxer Dillian Whyte, who lasted six rounds in the ring against world champion Tyson Fury. pic.twitter.com/ZkApHCi2jk
— Alissa_nft (@lukmanrianie) July 23, 2022
Lucky Block Casino and Sportsbook Goes Live
The crypto-powered Lucky Block Casino and Sportsbook became operational on November 28. A fresh marketing effort will be launched to promote these new activities. Players can enter to win the $10,000 Airdrop LBLOCK, which will be available in December, by depositing and wagering any amount as part of this marketing promotion.
As an added bonus as part of our marketing campaign, users who deposit and wager any amount will be eligible for the $10,000 #LBLOCK Airdrop, which will go live in December.
— Lucky Block (@luckyblockcoin) November 29, 2022
Furthermore, Lucky Block Casino and Sportsbook will compete for market share in the online gambling sector, which is expected to be worth $58 billion in 2021, with Stake.com and other crypto casinos.
Users can deposit and wager any amount as part of the launch to be eligible for the $10,000 LBLOCK Airdrop in December. Furthermore, new customers will receive a 15% refund on losses incurred within the first week of opening their accounts.
Lucky Block Casino and Sportsbook are available in many countries, with the exception of the United States, the United Kingdom, and a few others.
LBLOCK Price Forecast
The price of LBLOCK, the native token of the Lucky Block platform, has skyrocketed in response to the introduction of Lucky Block Casino and Sportsbook. On the technical perspective, LBLOCK has huge upward potential, especially after breaking above a significant resistance level of $0.00016. It is currently attempting to break through a $0.00025 double top resistance level.
LBLOCK Price Chart – Source: LBANK
On the 4-hour timeframe, LBLOCK has closed a bullish engulfing candle which is signaling a strong bullish bias among investors. Therefore, a 4-hour candle close above $0.00025 level has the potential to push the LBLOCK price up to 0.00040 or even $0.00060.
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