Lucky Block Price Prediction- October 18
LBLOCKUSD is about to resume its bullish race. Cryptocurrency is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the price may likely face the positive side to retest a $0.1000 high trend line.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002200, $0.0002100, $0.0002000
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The momentum on the higher time frame (1H) is bullish. The price of LBLOCKUSD which is currently trading slightly above the two EMAs at the $0.0002169 supply level as the 1-hourly session opens today, implies that the momentum in the price of the Coin is in an uptrend in the context of the strength of the market.
In case the bulls try to increase their pressure, the resistance level of $0.0002240 may be tested which may be a broken upside, and the price increases to $0.0002320 and beyond.
Further, there is likely to be a potential increase in the price value of Lucky Block soon as the bulls are seen clustered around the market in the overbought region of the daily stochastic.
If that occurs, the first upside target could be $0.008500 followed by $0.1000 in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Ranging (15-Minutes Chart)
LBLOCKUSD is ranging in its lower time frame. The price is in a sideway trend zone warring above the moving averages.
At the moment, Lucky Block’s price is trading between the levels of $0.0002168 and $0.0002169 around the EMA-9. Staying above the EMA-50 will make it capable for the coin price to break out to the upside.
A breakout at the upper supply area followed by a retest may occur. If this is achieved, the next price target might be the $0.1000 resistance mark in the days ahead in its short-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply