Lucky Block Price Prediction – July 18
LBLOCKUSD price is approaching the $0.0001099 resistance level as the coin is recovering and potentially setting the stage for an all-time high. However, the crypto might continue in that direction, if the bulls could add more effort to their buying action and the price closes above the $0.0000885 supply level: the coin might further extend to a $0.0001099 upper high level and beyond as it prepares to extend gains.
Key Levels:
Resistance levels: $0.0000300, $0.0000400, $0.0000500
Support levels: $0.0000150, $0.0000145, $0.0000140
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
As futures market activities surge, LBLOCKUSD price is approaching the previous high level, signaling peak interest among the investors, as it begins its rising pattern in its long-term outlook. The trend has just resumed its rising pattern, approaching the resistance level, confirming its bearishness.
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
Meanwhile, the current price of Lucky Block is approaching the resistance at $0.0000181, which is below the supply trend lines as the daily chart opens today. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Hence, the new rising pattern could trigger a 5% price run to a new all-time high of $0.0000885 while approaching the $0.0001099 previous high mark, if the bulls don’t relent.
Notably, the Lucky Block pair is in an uptrend on the daily stochastic suggesting there is a tendency for the coin to rise further. Thus, if the support level holds, buyers could take the crypto price up to a high of $0.0001099 as soon as the coin price approaches the resistance zone in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD‘s price is bullish on the medium-term time frame. The price is approaching the overhead resistance above the moving average due to the high bullish impact.
The high order flow from the bulls to the $0.0000174 level during yesterday’s session also added to this bullishness. However, the coin price is approaching the overhead resistance, indicating the growing investors’ confidence in the asset.
The price of Lucky Block approaching the upper resistance at the $0.0000181 value above the EMA-50, as the 4-hourly session opens today, indicates an uptrend in the context of the strength of the market, showing a more bullish impact in the market at the moment.
Therefore, if the current support holds and the bulls step up their market activity, the bullish momentum may rise shortly to break up the previous high value of $0.0000267 as it prepares its momentum to approach the upper channel.
In addition, we will now be looking at the continuity of the bullish run as the price projector points upwards, indicating an uphill momentum. From the look of things, the crypto will keep growing and approaching the upper resistance. The $0.0001200 supply value might be the target in the days ahead in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
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