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Lucky Block Price Prediction: LBLOCKUSD Buying Time Is Now!

Johnathon Fox
07/04/2023 | UPDATED ON: 07/04/2023

Lucky Block Price Prediction – July 4
LBLOCKUSD is positive today and the buying time is now as the coin price remains strong above $0.0001600. The altcoin is facing high pressure from the bulls. Conversely, if the coin prices sustain above the level of $0.0003429, the bulls’ trend would continue upward and possibly hit the the$0.02000 upper high level. Thus, a clear buy signal for the coin investors.

Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001000, $0.0000900, $0.0000800
Lucky Block Price Prediction: LBLOCKUSD Buying Time Is Now!
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block turns positive today. The price is trading in a bullish momentum above the supply trend levels in its higher time frame. This looks nice for the buying trader and signifies a buy signal.

The successful breakout by the bulls to $0.0001186 in the past few days has made it possible for the LBLOCKUSD market to retain its bullish strength in its recent high.

The crypto’s price rises to a $0.0001636 supply level above the resistance trend levels after the recent threat of increasing. Moreover, the price pattern warns of prolonged buying with the double bottom forming in the long-term chart. So, should you avoid buying this hike?

Adding to this, the pair also shows the continuation of bullish sentiment. After testing the lows of $0.0000991 in the previous action, sellers look exhausted while the price of Lucky Block remains above the $0.0001600 supply value as the price continues to sustain an upward move as indicated by the momentum indicator.

Hence, it is expected of buyers to push the price of LBLOCKUSD further up to a significant level and in this case, the target might be the $0.02000 upper resistance level in the days to come in its higher time frame.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook, the LBLOCKUSD pair is in a resistance zone. Firstly, the crypto has broken above the two EMAs which indicates a possible rise of the pair and a buying time.
Lucky Block Price Prediction: LBLOCKUSD Buying Time Is Now!
The price is moving in an uptrend in the 4H timeframe, making higher highs and moving toward the upper resistance zone.

Pressure from the bulls at the $0.0001120 high value in the previous action has sustained its upward stability in its recent high.

Today’s 4-hourly bullish candle at $0.0001218 value which further rises to a $0.0001529 supply mark above the moving averages confirms the bulls’ dominance in the market.

This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.

However, a high retest to the breached $0.0001900 supply value suggests strength in bullish momentum, leading to a buying signal for the coin traders.

In addition to that, the daily stochastic indicates an uptrend, if the bulls should add more aggression to their activities in the market; the $0.02000 upper resistance level might be reached in the days ahead in its medium-term perspective.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Arbitrum (ARBUSD) Price Jumps above the $1.139 Resistance Level, Buy Now!
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