Lucky Block Price Prediction – October 19
The LBLOCKUSD market shows that the price is about to break up at an all-time high, and this breakout would confirm a bullish shift in the crypto market and trigger the beginning of another bullish cycle expected to last through the next few days. In case the bulls should defend the selling pressure, an increase in the bulls’ momentum may break the resistance level at $0.0000398, and this may increase the Lucky Block price to a $0.0001200 upper high trend line, signaling the potential for significant gains.
Key Levels:
Resistance levels: $0.0000223, $0.0000224, $0.0000225
Support levels: $0.0000170 $0.0000160, $0.0000150
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block pair remains bullish, suggesting the price may break up the previous high soon on the higher time frames. This is clear as prices are trading above the EMA-50, implying a bullish trend.
The bullish reversal at the $0.0000219 high value in the previous action has sustained the crypto above the trend line and may break up the all-time high in its recent high.
At the writing time, the LBLOCKUSD’s price breaks up the resistance and rises to a $0.0000225 supply level above the EMA-50 as the coin price is gearing up for a higher potential recovery. So, should you avoid buying this hike?
Thus, if the Lucky Block price breaks up the $0.0000398 supply pattern, the crypto price could surge much higher to reach the overhead resistance, indicating a significant upward trajectory.
Further, the coin price suggests an uptrend on the daily stochastic, suggesting a break up at $0.0000398 soon; this forthcoming development may drive the crypto price towards the $0.0001200gher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
In the medium term, the LBLOCKUSD price displays a positive trend and may break up the previous high level as the bulls are currently dominating. The price is above the supply level, suggesting a bullish momentum.
The sustained bullish momentum to a $0.0000219 supply value in the last session has enabled the Lucky Block price to break up the crucial level and stay strong above the resistance lines in its recent high.
LBLOCKUSD is losing bearish momentum as it breaks up the moving average and rises to a $0.0000225 high level as the 4-hourly chart begins today, as traders eye a potential break out for Lucky Block.
Hence, maintaining above the moving average will allow the coin to rise higher and break up the $0.0000330 barrier level, resulting in an intraday gain for the coin buyers.
Similarly, the coin price is in an uptrend on the daily signal, suggesting more upsides. As a result, the pair may break up its all-time high to reach the $0.0001200 resistance level in the days ahead in its medium time frame.
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