Lucky Block Price Prediction- August 29
Lucky Block price is now facing the ascending channel. The coin is hovering above the resistance level at $0.002108; if the bulls increase their strength and the price closes above this level would it would be a turnaround for the coin.
Levels:
Resistance levels: $0.002500, $0.002600, $0.002700
Support levels: $0.001850, $0.001750, $0.001650
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD is trading above the moving averages, this means that the price is in a bullish trend in its long-term view. We can see that the price has an uptrend and is traded in an uptrend channel, so we have to look for support levels or key setups, which will enable us to enter the trade with low risk.
As an outcome of the high bullish impact, the buy traders made an increase to a $0.002149 supply level as the 4-hourly session begins today, thereby hindering the market from smashing through the support zones. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
There are more bullish runs to come as the market trades at the overbought region at the present, this suggests that the price of Lucky Block will still definitely rise further above the current supply level soon in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
LBLOCKUSD is having a bullish posture in its medium-term outlook. The bulls caused an increase to the $0.002179 resistance level above the moving averages as the 1-hourly chart opens today, this confirms the presence of more bulls in the market at the moment. If buyers should intensify their efforts, the price might possibly retest the $0.002500 supply level in the days ahead in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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