Lucky Block Price Prediction – July 4
LBLOCKUSD is anticipated to experience a bullish increase in its market value as it begins to gather momentum for an upward trajectory. The coin has the potential for a bullish increase. Based on the outlook, if the resistance level rises above the $0.0001099 value, continuation to the upside at the $0.0001200 upper resistance level is ensured.
Levels:
Resistance levels: $0.0000450, $0.0000500, $0.0000550
Support levels: $0.0000200, $0.0000150, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is poised for a bullish increase as it remains bearish on the higher time frame. The coin prices can be seen traded below the moving averages which confirm its bearishness. Meanwhile, it seems that the bulls are about to take over and push us higher as it gathers momentum for a bullish increase.
The bears’ move to the $0.0000168 support value in the past few days has dropped the coin price below the supply trend lines in its recent price level.
Today, the bullish pressure moves the Lucky Block’s price up to the $0.0000179 resistance level below the supply level as the daily chart opens, indicating that the coin has the potential for a bullish increase as buyers are coming in a grand style to dominate the market and sellers are getting weaker.
Hence, the Lucky Block market value might increase further to a $0.0001099 high level if the current support level at $0.0000168 holds.
Next, there are more bullish runs to come as the market remains in an upward direction on the daily signal, suggesting that the price of Lucky Block has the potential to increase soon and may likely hit the $0.0001200 upper resistance value in the coming days in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
On the medium-term outlook, the LBLOCKUSD pair indicates a downward trend with a potential for a bullish increase as the coin bulls are ready to rebalance and move the coin price to the upside.
The price of LBLOCKUSD can be seen slightly below the EMA-50, suggesting that the crypto has the potential for an increase.
During yesterday’s session, the significant order flow from bears to the $0.0000173 support level contributed to its bearishness. However, the bulls are poised for a bullish increase to push the coin price even higher, towards the upper resistance zone.
Today, at the press time, the current price of Lucky Block at the $0.0000197 supply value below the EMA-50 shows that the crypto has the potential for a bullish increase, resisting the start of another bear cycle.
A further increase in buying pressure may cause the cryptocurrency price to retest the previous high of $0.0000300, gaining a higher footing for a bullish increase.
Notably, the daily stochastic indicates an uptrend by pointing upwards. This suggests that the price of Lucky Block has the potential for a bullish increase and may remain in that scenario, leading the crypto price to hit the $0.0001200 upper high mark in the coming days in its medium-term perspective.
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