Lucky Block Price Prediction – October 21
LBLOCKUSD price is attempting the next bull run and from the look of things, the coin price will keep rising. The coin is prepared for the next bull run fueled by the rising activities of the buy traders. If the bulls can intensify the buying pressure, the crypto price might jump to hit the $0.0000398 resistance level and expose the price to a $0.0001000 upper resistance level, signaling buyers’ high interest and conviction on the asset.
Key Levels:
Resistance levels: $0.0000215, $0.0000216, $0.0000217
Support levels: $0.0000170 $0.0000160, $0.0000150
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block pair is attempting the next bull run, as coin investors are seen around the market with high enthusiasm, aiming at the upper high level in their long-term view.
Crypto has a bullish posture, with prices trading above the supply levels. This also shows the impeding next bull run in the crypto market. Pressure from the bulls at the $0.0000222 high value in the past few days has sustained its upward stability in its recent high.
After updating yesterday’s low of $0.0000196, the LBLOCKUSD price rebounded to a $0.0000216 high level above the EMA-50 to resume the daily chart today, suggesting the pair is attempting the next bull run.
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.
Additionally, the momentum indicator shows that the Lucky Block price is attempting the next bull run, in this case, the next bull run might reach the $0.0001000 upper resistance level and beyond in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The market price of LBLOCKUSD is currently trading below the resistance trend lines attempting the next bull run in the medium-term outlook.
The coin price can be seen slightly below the EMA-50 confirming its bearish trend. This is due to the interference from the short traders.
The cryptocurrency has been an interference with the sell traders in the previous action and has dropped the price below the supply trend levels in its recent high.
Being affected by the widespread uncertainty in the crypto market, the LBLOCKUSD price showed a slow yet steady recovery to the $0.0000214 supply level below the EMA-50, attempting the next bull run on the 4-hourly chart today.
Thus, a strong break-up above the $0.0000298 resistance level would strengthen the new bull run and sustain its upward stability.
Meanwhile, the Lucky Block price is approaching the oversold region of the daily stochastic, suggesting that more buyers will emerge soon to continue with the bull run, and this might push the coin price to a $0.0001000 high level in no long time in its medium-term time frame.
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