📈 LISK - Short-term Drop ? Price analysis - 6/1/18. 📉

LISK - Short-term Drop ?

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Like most of the other alts, Lisk is another one that has exploded in price lately. Now, with all this increase comes a time where there may be a need for a slight correction. this graph points out that Lisk heading for a short-term drop if we break below the support that as indicated by the purple Lines. Since Lisk is on a high right now it is not a particularly great position to be investing in, however, if you were here for the long term the coin has a lot of potential so another decrease will not affect its price for the future. 

• MACD - Looks very bearish at the moment and the lines are currently begging to cross over in the South direction. 
• RSI - is not completely overbought but there is a lot of space left for a decrease.
  
• Orange - Resistance. 
• Pink - Support. 

As always trade the lines accordingly. 

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