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Lucky Block Price Prediction: LBLOCKUSD Could See Another Upsurge Soon

Johnathon Fox
10/02/2024 | UPDATED ON: 10/02/2024

Lucky Block Price Prediction- October 2

Despite the drop in Lucky Block’s price, it could see another upsurge soon as the bulls remain dominant. The coin currently trades at a $0.0000237 low value and is projecting a potential uptrend with the bullish crossover of the 50-day EMA. If buyers are successful in the pattern breakout, the price could reverse and hit the $0.0000450 barrier to reach the next supply level of $0.0001200, creating a suitable pullback for buyers.

Levels:
Resistance levels: $0.0000250, $0.0000260, $0.0000270
Support levels: $0.0000180, $0.0000170, $0.0000160

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)

The LBLOCKUSD pair could see another upsurge soon as the bulls keep the bullish sentiment open despite the drop from the bears in the higher time frame. The price bars are above the moving averages, warming up for a strong upward rally.
Lucky Block Price Prediction: LBLOCKUSD Could See Another Upsurge Soon
In the previous session, the sustained bullish pressure to a $0.0000255 high mark has made the crypto price remain strong above the supply trend levels in its recent high. Meanwhile, the market could see another upsurge soon to nullify the current drop by the bears.

The Lucky Block market sentiment appears positive, and another upsurge could be seen as the bears dropped the coin price to a low of $0.0000237 above the EMA-50 to resume the daily chart.

Nevertheless, today’s price drop has still not stalled the bull run as it remains intact. Traders might seize this opportunity to invest in the coin at a lower rate.

Thus, if buyers eventually wrestle trend control from sellers and rebound from $0.0000237 support, a positive breakout above the current support is needed to confirm the potential Uptick Run.

In addition, the LBLOCKUSD pair could see another upsurge soon and continue moving up as the market approaches the oversold region, suggesting that the momentum in the price of the coin could reverse and see another upsurge to reach the $0.0000450 and jump to a $0.0001200 upper resistance level in the days ahead in its higher time frame.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)

The medium-term chart indicates that the Lucky Block price could see another upsurge as the bulls remain dominant. Despite the move by the short traders, the coin price remains in an uptrend.
Lucky Block Price Prediction: LBLOCKUSD Could See Another Upsurge Soon
The bears caused a drop in the price of Lucky Block to the $0.0000237 support level above the moving averages today; suggesting an uptrend in the context of the strength of the market.

Thus, the price could see another upsurge, if the bulls could change their orientation and pull back from the $0.00243 low mark, the $0.0000298 previous high level might be retested, footing the coin price to rise further.

Hence, the supply inflows are suspected to rise in the coming days as the LBLOCKUSD price approaches the oversold region, indicating that the selling pressure will be subsiding soon and the crypto could see another upsurge reaching the $0.000289 barrier to hit the $0.0001200 upper high level in the coming days, as the coin sees another upsurge in its medium-term forecast.

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.

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