Lisk update (lsk/btc) 2/1/2018

Yesterday saw a breakout move upwards of 60% before finally closing 18% above the daily open. Lisk currently has a 24h volume of $96,959,200 and a market cap of $2,508,197,563. Yesterday saw an increase in volume of almost $2.5 billion before receding to current levels.

This increase in daily volume along with yesterdays daily move, Lisk has now risen above its current support zone and is testing this support zone early morning.

The jump in value was helped by the listing on Japanese based exchange Bitflyer. If price is able to close above this support zone then the break out is confirmed with daily volume increase also as an indicator that the accumulation phase is over. If price can find upwards momentum then I see price levels of 0.00449 and 0.00562 being tested.

**This is my personal opinion
**Investing takes risk, please do your own research and only use what you can afford to lose.