Lisk is bullish in the short-term, with the cryptocurrency trading above its 200-period moving average on the four-hour time frame and close to the neckline of a bullish inverted head and shoulders pattern.

If buyers can rally price above the neckline of the bullish pattern, the LSK / USD pair will likely target towards the December 20th, 2018 trading high.

Technical indicators are still bullish on the four-hour time frame, with the Relative Strength Index highlighting that bullish pressure still remains in place over the short-term horizon.

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