Lucky Block Price Prediction- September 20
LBLOCKUSD is about to resume its bullish race. The 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 reverse and turn positive to reach the $0.002500 high level and beyond.
Levels:
Resistance levels: $0.0005800, $0.0005900, $0.000600
Support levels: $0.0005600, $0.0005500, $0.0005400
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
LBLOCKUSD price is moving in an uptrend in the H1 timeframe, making higher highs and moving towards its major resistance. As can be seen from the chart, bullish momentum is accumulating on the pair right now slightly above the EMA-9.
The Lucky Block price is losing bearish momentum gradually as it swings above the $0.0005520 resistance level above the EMA-9. Trading at this level will enable the buy traders to influence the price tendency and rise further above the mentioned supply level.
The bulls caused a further rise to a $0.0005540 high level as it journeyed up north. If the buyers manage a daily candle closing above the aforementioned supply, the accelerated buying pressure will plunge the LBLOCKUSD price to $0.4000 psychological resistance.
The Stochastic is also showing the market is oversold and ready for a potential buyer. The coin buys investors might possibly reach a high of $0.4000 level in case of a new trend in the coming days in its long-term view.
LBLOCKUSD Medium-term Trend: Bullish (30-Minute Chart)LBLOCKUSD is displaying a bullish scenario on the 30-minute chart. Also, the bulls caused an increase to the $0.0005857 resistance level during yesterday’s session.
This, however, gave the buy traders the motive to influence the price tendency as the bulls look to gain market momentum.
Furthermore, the price movement is in an uptrend by pointing upwards. This means that the Lucky Block price may likely swing up to a key level in the supply area, in this case, the target might be the $0.4000 resistance level soon in its lower time frame.
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