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Lisk Manifests a Steep Fall; Falls by over 8% in 24-hours

Lisk Builders were seen in the recent news as they released DFC, Dynamic Forging Controller for Lisk which is going to be a node monitoring tool. Some of the investors might be noticing the repository already.

Considering the 24-hour movement of Lisk, the value was initially seen trading at $0.9270 around 00:15 UTC as on September 24. The value then increased by 4.75% trading at $0.97101. However, Lisk price then dropped to the lowest touch point in the said time frame at $0.7644 marking a drop of 21.33%. The current trading price is increased by 14.91% from the latter price mark.

The value of LSK is seen trading in the bearish zone right now. This can turn out to be the optimum hour for the potential investors to join the network. Considering the trend, the price trend is seen decreasing constantly which is becoming a concern for the current investors. According to the Lisk price prediction, the coin is likely to violate the next resistance level shortly.

The calculated resistance and the support levels are as follows:

Resistance Levels:

R1: $0.96, R2: $1.06, R3: $1.15

Support Levels:

S1: $0.76, S2: $0.67, S3: $0.57

Vivaan Shah: Vivaan Shah is a professional Forex and Cryptocurrency Market Analyst with a background in Finance. He has worked in several foremost publications before getting into NameCoinNews. He has been involved in the cryptocurrency for years. He loves to spend his free time in recording podcasts for crypto beginners. He also enjoys to explore cryptocurrency products.