Lucky Block Price Prediction – September 18
The Lucky Block market has recently entered an uptrend; eyeing a break above the $0.0000450 resistance mark following a brief recovery. The coin is currently undergoing a market correction and looks good for a long at its recent price level. The coin price will most likely continue its bullish run, and the price will go higher if the bulls can break above the $0.0000450 peak value, driving the crypto further to the $0.0001000 upper high level and beyond, suggesting a heightened market activity amid the rising prices.
Levels:
Resistance levels: $0.0000400, $0.0000450, $0.0000500
Support levels: $0.0000200, $0.0000150, $0.0000140
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD registered a positive market today, eyeing a break above the previous resistance level amid the increasing prices in its long-term outlook. The coin price is slightly trading in a bullish momentum and also looks good for a long at its recent price level.
The high order flow from the bulls to the $0.0000215 supply value on the 15th of September also added to this bullishness. However, the bulls are about to swing the coin price to the upper resistance zone.
The coin investors responded to the market and moved the price of Lucky Block up to a high at the $0.0000203 resistance mark above the moving average line, eyeing a break above the breached resistance as the daily chart resumes today; this is an indication of more forces from the buy traders and looks good for long.
Based on the outlook, should the bulls go higher and close above the $0.0000450 high mark, a bullish breakout confirmation will reflect the improved market sentiment.
In addition, the momentum indicator signaled up, indicating an uptrend, while buyers are eyeing a break above the $0.0000450 resistance level. The expected bullish trend in LBLOCKUSD price might continue to reach the $0.0001000 upper resistance value soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is eyeing a break above the $0.0000450 resistance level as it continues its upward trajectory on the medium-term chart. The crypto remains firm above the moving average, suggesting a bullish momentum.
The pressure from the bulls to the $0.0000215 supply value in the past action has sustained the price of Lucky Block above the supply trend levels, eyeing a break above the previous high in its recent price level.
Today, after completing the $0.0000202 low of yesterday, the LBLOCKUSD price rises significantly above the EMA-50 line at the $0.0000203 level, eyeing a break above the $0.0000450 resistance level as the 4-hour chart begins today due to a high bullish impact on the market price.
Hence, LBLOCKUSD still looks good for a long, as indicated by the daily stochastic, pointing in an upward direction. More gains and strength are expected from the coin as the bulls continue to dictate the market conditions, eyeing a break above the $0.0000450 resistance mark.
As a result, the pair may surge to reach the $0.0001000 upper resistance level in the days ahead in its medium-term perspective.
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