Lucky Block Price Prediction – September 24
The Lucky block market is on the verge of reversal, eyeing the $0.000100 high mark, as it’s about time to complete the lows and turn upside to resume the uptick trend. The coin price remains above the crucial level with a price drop. Hence, there is a tendency for the crypto to experience a price reversal and grow more as the market remains bullish. Thus, if all the current support holds and the bulls could increase their investments and push higher, the price breakout may test the previous high at a $0.0000450 high value, eyeing the $0.0001000 upper resistance level for further potential gains in the crypto space.
Key Levels:
Resistance levels: $0.0000250, $0.0000260, $0.0000270
Support levels: $0.0000193, $0.0000192, $0.000191
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD’s rising momentum is on the verge of reversal as it drops a bit above the moving average in its long-term view. The price is above the EMA-50, indicating an upward momentum and the high impact of buyers in the market. This rise or swing is due to growing investor enthusiasm and a positive shift in the market to $0.0000196 in the past session.
At the press time, the Lucky Block market is on the verge of reversal as actions from the bears dropped the coin price to the $0.00000194 support level above the EMA-50 shortly after the daily chart resumes today, indicating a bullish trend and also proves that the buy traders are still in control of the market.
Thus, the crypto is on the verge of reversal and has the potential of reversing as it remains above the supply level, giving the bulls the tendency to climb up and wrestle trend control from sellers at $0.0000194, eyeing a psychological level at the upside.
Further, the selling pressure on the Lucky Block market may be subsiding, potentially leading to a reversal if buyers step in. As a result, the next bullish corrective pattern may extend to the $0.0001000 high mark sooner, as the crypto price is on the verge of reversal in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Here on the medium chart, the LBLOCKUSD pair is on the verge of reversal as the sell traders’ in-road is briefly above the supply level. The price is above the EMA-50, suggesting a bullish momentum.
The successful breakout by the bulls to a $0.0000188 high value in the last session has enabled the coin price to remain above the supply levels at its current high.
The coin price plummeted to a $0.0000194 support level above the EMA-50 as the 4-hourly chart resumes today. Nevertheless, today’s price drop has still not stalled the bull race as it remains intact. Traders might seize this opportunity to invest in the coin at a lower rate for more gains.
However, the Lucky Block price is on the verge of reversal as the market remains in an uptrend, enhancing the possibility of rebounding at the $0.0000194 low level. Thus, if the price closes above this level, it would be a turnaround for Lucky Block buy traders.
Additionally, the LBLOCKUSD pair is approaching the oversold region of the daily stochastic, indicating the possibility of reversal at the $0.0000194 support level. We will now look into buyers’ emergence in the oversold region of the market.
As a result, the price could pump or surge upsides to hit the $0.0001000 upper resistance value soon, as it remains on the verge of reversal in its medium-term outlook.
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