Is $LSK ready for a comeback in 2024? 📉

Lisk has faced a rough journey, down 98% from its 2018 ATH. Despite some recent growth, it’s still 3x down from March peaks.

🔎 Technical Indicators
-RSI: Hovering around neutral, no strong uptrend

-SMA/EMA: Stabilized after long bearish trend
-MACD: Negative values, signaling bearish momentum
-AO: Red readings, further dampering hopes of recovery

Community engagement is low, with only a handful of posts about Lisk on social media. However, recent developments, like LSK launch on $UNI show the team’s efforts to push forward.

The upcoming FED interest rate decision might temporarily boost cryptocurrency markets, including Lisk. However, the circumstances are not promising for those hoping for a return to ATH. The lack of broad community support and technical indicators paint a rather dull picture.

#LSK #Lisk