Lucky Block Price Prediction – July 12
There is a higher probability of the LBLOCKUSD price breaking up the $0.0000745 level soon after updating the lows as usual on the daily chart. With the look of things, the crypto may likely reverse and break up the mentioned resistance if the buy traders increase their market tension and trade with the bears at the $0.0000170 daily current support level. The coin might soar higher to hit the $ 0.0000745 supply level, triggering the buying opportunity for buyers.
Levels:
Resistance levels: $0.0000400, $0.0000500, $0.0000600
Support levels: $0.0000150, $0.0000149, $0.0000148
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD price is contemplating breaking up the previous high soon as it remains in an upward position after the brief dip by the bears in its higher time perspective. The price is below the moving average, indicating a bearish trend.
Bears’ pressure at the $0.0000147 support level in the past few days has contributed to the market’s recent bearishness. However, the coin price is contemplating breaking up its previous high soon as it remains upward on the daily signal.
The price action of the Lucky Block pair after the bulls’ ride to a $0.0000198 high mark dropped to a $0.0000170 low point below the EMA-50 as the daily chart resumes today.
Hence, the bullish momentum might be triggered, and the price may likely reverse to break up the $0.0000745 previous high value soon if the current support remains unmoved and the bulls should speed up their activities in the market. Thus, the buyers must add more pressure to their activities to move the market beyond the current price level.
Meanwhile, the LBLOCKUSD market contemplates breaking up the $0.0000745 previous barrier level by pointing up the daily stochastic, indicating a near buy potential. Hence, the emergence of the buy traders is crucial to move the coin price to a significant level of $0.0001200 and beyond in the days by in its long-term time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD indicates a bullish trend while contemplating breaking up at the $0.0000745 level as it progresses above the supply levels in its medium-term perspective. The coin price is trading above the EMA-50, indicating a bullish trend. However, the market is presently facing overhead resistance at the recent high due to the returns of the bulls into the market.
Today, a breakout and the start of an upbeat trend are seen as the Lucky Block buyers push the coin price to a $0.0000175 supply level above the moving average with intraday gains. Thus, closing the 4-hourly session above the $0.0000261 barrier will put the trade more on the buying side.
Hence, the pair pointing up on the daily stochastic means that the buying pressure may continue, suggesting a possible recovery of the $0.0001200 supply level as it contemplates breaking up the previous high soon in the medium term.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply