Lucky Block Price Prediction – August 26
It is actually time for the LBLOCKUSD to grow again. The coin market price is now open for bullish expansion again and from the look of it, it will keep growing. The bull race may likely continue all the way into the critical psychological level of $0.001000 supply value and beyond before we see any signs of buyers slowing down if the buy traders should put more aggression into the market.
Levels:
Resistance levels: $0.0000900, $0.0001000, $0.0001100
Support levels: $0.0000700, $0.0000600, $0.0000500
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block price is losing bearish momentum as it moves above the resistance level in the long-term perspective.
The bulls caused a rise to the $0.0001953 supply level above the moving averages during yesterday’s session and sustained it. This has made it possible for the coin to remain in an uptrend in its recent price level.
The buying traders pushed the crypto price up to a $0.0001036 high level above the two EMAs glued together as the market opens for bullish expansion again today. The coin price uses this level as the base support to obtain higher recovery prices.
A possible breakout from the current patterns resistance trend line above the $0.0004450 barrier will provide a long entry opportunity for traders.
Notably, the price of LBLOCKUSD is open for bullish expansion as indicated by the daily signal pointing upward in the oversold area. The coin is expected to expand in growth under this trend level, in this case, the psychological level of $0.001000 might be reached soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The cryptocurrency is in a bullish move in its medium-term outlook. The price movement of Lucky Block is currently seen to be in the bull’s direction.
The price of LBLOCKUSD reached a $0.0001019 high value in the previous action which really made the coin remain in an upward trend in recent times.
Today’s 4-hour bullish candle at the $0.0001036 resistance mark above the moving averages confirms the bulls’ dominance in the market and also opens for a bullish expansion. This breakup may possibly accelerate the bullish momentum and extend the ongoing correction to a higher level.
However, a possible breakout by the long investors above a $0.0001470 previous barrier with candle closing will signal a strong buy signal for interested traders.
Additionally, trading above the moving averages will enable the market value of Lucky Block to keep pushing up. Therefore, if buyers should add more aggression to their activities in the market, the $0.001000 upper resistance level might be reached in the coming days in its medium-term perspective.
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