Lucky Block Price Prediction- October 9
LBLOCKUSD market has shown remarkable growth recently as the price rises, and retarding negativities to revisit the $0.0000450 value to stabilize the bullish sentiment. However, the crypto is experiencing a notable surge by the coin investors; as a result, the bullish sentiment might drive the coin price to touch the $0.0000450 barrier and extend to the $0.0001200 upper resistance mark and beyond, indicating optimism among traders.
Levels:
Resistance levels: $0.0000240, $0.0000250, $0.0000260
Support levels: $0.0000160, $0.0000150, $0.0000140
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD price rises while retarding negativities as it goes up north in its higher time frame. The price continues to make higher highs and higher lows above the supply levels, indicating a bullish trend. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
The pressure from the bulls at the $0.0000242 supply value in the previous action has made retarding the negativities possible for the coin price as it rises above the trend line and remains stronger at its recent high.
At the writing time, as the Lucky Block price rises and retarding negativities, the bulls caused a rise to the $0.0000250 high level above the EMA-50 as the daily chart opens today, indicating the growing attention and interest of the coin investors.
Meanwhile, staying above the supply levels will give room for the buy investors to influence the price tendency. Thus, a break above the $0.0000450 resistance mark would intensify the buying pressure on the crypto as it retards negativities.
Hence, the market is pointing upwards on the daily stochastic, suggesting the LBLOCKUSD price might continue to rise and may lead the crypto price to reach the $0.0001200 high level in the coming days as the coin price rises while retarding negativities in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD also displays a bullish momentum as the coin price rises and retarding negativities in the medium term due to the high impact from the long-term traders in the price flow.
The price is moving towards the upper resistance above the converging trend lines, denoting a bullish trend and a rise in volatility.
The price hike to a $0.0000242 high value during the previous session has made it possible for the LBLOCKUSD price to rise above the supply levels in its recent high.
The impulse move from the buy traders up to a $0.0000250 high level above the moving averages shortly after the 4-hourly session opens today shows that the Lucky Block is rising and also retarding negativities to remain balanced at the upside.
However, with investors’ continued enthusiasm, the Lucky Block price may soar to retest the $0.0000298 previous resistance, as the coin price rises, retarding negativities amid a broader resurgence among investors.
In addition, further upsides are likely as the market is in an upward direction, compelling the buy traders to push the price of Lucky Block towards the $0.0001200 upper resistance level in the upcoming days as the crypto price rises, retarding negativities in the medium-term time frame.
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