Lucky Block Price Prediction: LBLOCKUSD Price Goes Long

Lucky Block Price Prediction- August 27
Today, LBLOCKUSD is actually swinging upward with steady buying pressure. The coin in no doubt will continue its rising as the price is making corrections, there may be a potential for an increase in price, if the current support level at $0.001853 holds and the buy traders should re-tighten their belts to push the coin up, a key significant level of $0.04000 resistance value can be reached.

Levels:
Resistance levels: $0.002567, $0.002667, $0.002767
Support levels: $0.001830, $0.001730, $0.01630
LBLOCKUSD Long-term Trend: Bearish (4H Chart)
LBLOCKUSD is in a bearish market in its long-term outlook. This is due to the minor impacts from the sell traders which are almost fading off at the present in the market.

The bulls are trying hard not to fall again as the market value of the coin jumped from a $0.001905 high level to a $0.001915 high value shortly after the commencement of the 4-hourly session today. Therefore, a daily close above $0.002339 would be a reversal to the higher side.

Thus, the price indicator pointing up in the oversold region means that the selling race has ended, this will now pave way for more bullish interaction in the market.
This may likely the coin a further rise to a high of $0.004000 in the upper high level as the market turns bullish soon in its higher time frame.

LBLOCK/USD Medium-term Trend: Bullish (1H Chart)The coin looks bullish in the medium-term outlook. The bulls are stepping in and are making corrections in the key areas. The price action is currently at the $0.001915 resistance level above the EMA-9. The market value of Lucky Block can rise further from here if the buying pressure can be re-doubled.

There is an indication that the price of LBLOCKUSD will go higher than the current level as the market is oversold already and ready for a potential bullish rise.

The market price of the coin may possibly reach a high of $0.04000 level in no long time as the market turns bullish in its lower time frame.

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