Lucky Block Price Prediction – August 10
Today, amid the recent fluctuations in the crypto market, the LBLOCKUSD bullish pattern hints at the $0.0000174 supply mark, following Bitcoin’s upswing above the $60,000 psychological barrier. The coin has increased significantly in the previous actions; obviously, the bears are losing control. In light of this, with an increase in buying pressure, the crypto may likely hit the high at $0.0000885 level provided the current support level at $0.0000113 holds, bringing the recovery to foster a higher price resulting in an intraday gain for buyers.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000160, $0.0000150, $0.0000140
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Despite the interference from the sellers, the LBLOCKUSD bullish pattern in play hints at the $0.0000174 supply mark, as it begins its rising pattern in its long-term view.
Price is trading in green below the supply trend lines, suggesting a bearish market. Nevertheless, the crypto price might rise from the support level soon, as the market bullish pattern in play hints at a significant level.
The sustained bullish pressure pushed the Lucky Block pair a bit up to the $0.0000164 supply level during the last session and held it till its recent high.
At the time of writing, the LBLOCKUSD bullish pattern in play hints at the $0.0000174 high level below the EMA-50 as the daily chart commences today, suggesting a potential continuation of the long-term bullish pattern.
Additionally, the daily signal indicates a bullish continuation signal by pointing upwards.
Hence, if the buy traders successfully keep the Lucky Block prices above the $0.0000885 resistance level, the coin may further extend to the $0.0001200 upper high level in the coming days as the bullish pattern in play hints at a significant level at $0.0000174 value in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD’s bullish pattern in play hints at the $0.0000174 resistance above the moving average as the coin price can be seen progressing forward in its medium-term perspective.
Buyers are having the market at their disposal at the moment. The price bars are above the moving average lines, indicating and showing the high impacts of the bulls on the cryptocurrency, thus a turnaround and more intraday gains for the coin buyers. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
Today, the LBLOCKUSD bullish pattern at the $0.0000174 high level above the moving averages confirms the bull’s dominance in the market, signaling the potential for significant gains as the bullish pattern resumes and continues up north.
From the look of things, it seems it will keep growing. This however confirms the presence of more bulls’ impact on the coin. Thus, a breakout above this level could propel Lucky Block’s price higher by 20%.
In addition, the Lucky Block price is pointing upward on the daily stochastic, indicating an upward move. We, therefore, expect a breakup of $0.0000223 and growth of the crypto to the resistance of $0.0001200 value in the days ahead as the bullish pattern in play hints at the $0.0000174 supply level in its medium-term time frame.
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