Lucky Block Price Prediction – July 19
Amid the recent upsurge in the crypto market, the Lucky Block price gave a massive breakout from the daily resistance of $0.0001027. The breakout rally made a high of $0.0001157 but faced immediate resistance with consecutive green candles.
The crypto’s price is recovering steadily and also maintains its bullish race which is an opportunity for the buy investors. The coin price is struggling heavily not to fall and it could remain and continue to face the positive side if the bulls should intensify their efforts and break up the $0.0003429 resistance level. The coin may likely increase to hit the $0.00200 upper resistance level and beyond.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0001000, $0.0000900, $0.0000800
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair portrays a bullish sentiment in its long-term perspective. The price bar can be seen above the EMA-9 with its wick touching the EMA-50 approaching the overhead resistance. Buyers are confident about gaining higher levels and this confirms their high impact in the market at the present.
Pressure from the bulls at the $0.0001026 high value during the previous action has sustained its upward stability in its recent high.
The momentum continues as the bulls made a corrective move to a high at the $0.0001157 mark above the EMA-9 as the daily chart opens today. This shows the high impact of the buy investors on the Lucky Block market; likewise, the downside risk remained uncertain.
With sustained buying, the price could test the previous high of $0.0003429 point and set the potential bullish pattern for further growth.
Hence, new entries by the buy investors toward the higher side are likely as indicated by the momentum indicator pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.002000 resistance value in the days ahead as the crypto maintains its bullish race in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block market also trades in a bullish trend market in the medium-term outlook. This is due to the high impact of long-term traders on the price flow.
The coin price can now be seen progressing upward above the two EMAs. This shows that buyers are currently gaining more strength in the market.
The sustained bullish pressure to the $0.0001026 supply level during the last session has made the coin price remain in an uptrend in recent times.
Today, the bulls made an upward move to the $0.0001157 high value above the supply levels as the 4-hourly chart opens. The LBLOCKUSD price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic remains in an upward direction. Hence, if the coin buyers manage to break above the $0.0002000 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.00200 high mark in the days ahead in its medium-term time frame. This signals a BUY trade again in its medium-term time frame.
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