Lucky Block Price Prediction- September 23
The LBLOCKUSD market is witnessing significant activity from key players and has established a solid base at the $0.0000206 high mark, indicating strong performance and growing network trust among investors. The coin, seemingly struggling to uphold the uptrend at the mentioned value and remain stable at the upside as it faces high pressure from the bulls. Hence, if the coin price could hold above the pattern supply trend line at the $0.0000450 previous high point, the crypto price may trigger up to the overhead resistance mark at the $0.0001000 upper resistance level, attracting more investors, and potentially driving the crypto price higher.
Levels:
Resistance levels: $0.0000204, $0.0000205, $0.0000206
Support levels: $0.0000160, $0.0000150, $0.0000140
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD has gained traction and established a solid base above the supply levels in the higher time frames. This is clear, as prices are trading above the moving average lines, indicating an uptrend.
The sustained bullish pressure at the $0.0000200 high value in the past few days has made it possible for the crypto to establish a solid base above the resistance levels and remain firm in its recent high.
As of this writing, the Lucky Block established a solid base at the $0.0000206 high mark above the 50-day exponential moving average as the daily session resumes today, signaling the investors’ growing confidence in the asset.
However, a further increase in the buying pressure could lead the price of LBLOCKUSD to retest the $0.0000450 previous high mark, indicating recovery market sentiment and influencing the rising pattern of the crypto.
Additionally, the daily stochastic indicates an uptrend by pointing upwards. Thus, there is a tendency for the Lucky Block price to keep growing and establish a solid base at the $0.0001000 upper resistance level in the coming days, as it establishes a solid base above the resistance mark in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The activity from major holders has enabled the LBLOCKUSD pair to establish a solid base at the $0.0000206 high level in its medium-term outlook. The coin price trades above the supply levels, confirming its bullish trend due to the high impact from the long-term traders in the price flow.
The price hike to the $0.0000200 high value during the previous action has made it easier for the LBLOCKUSD pair to establish a solid base at its recent high.
The impulse move from the buy traders up to a $0.0000206 high level above the moving averages shortly after the 4-hour session opens today indicates the crypto is trying to establish a solid base due to a high bullish impact on the crypto.
Thus, a breakout above the $0.0000249 previous swing high would enable buyers to establish a solid base and potentially drive the coin price toward the upper resistance area.
In addition, further upsides are likely as the market is in an upward direction, compelling the buy traders to push the price of Lucky Block further and this time around the $0.0001000 upper resistance value might be the target soon, as it establishes a solid base above the supply levels in the medium-term time frame.
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