Lucky Block Price Prediction- September 1
LBLOCKUSD is actually making positive moves at the moment. There is a possibility for the crypto to swing up further and test the supply level of $0.002500. Should the bulls increase their pressure, the resistance level of $0.002550 may not hold and it may extend to a $0.002938 high level and beyond.
Levels:
Resistance levels: $0.002300, $0.002400, $0.002500
Support levels: $0.001940, $0.001840, $0.001740
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the level of $0.002350. The market is presently facing resistance at the recent high.
The bulls’ action increases the price of Lucky Block up to the $0.002421 resistance level even as the 4-hourly session opens today. A break above $0.002500 would intensify the buying pressure on the crypto.
The momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price might possibly retest the $0.003000 resistance value soon in its long-term perspective.
LBLOCK/USD Medium-term Trend: Bullish (1H Chart)
On the medium-term outlook, the LBLOCKUSD pair is in a strong resistance zone. Firstly, the crypto has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level $0.002500.
The market price is currently trading at the $0.002520 resistance level above the moving averages, this means that the bulls are in control of the market at the moment.
The uptrend is currently facing resistance at level $0.002550, therefore if additional selling power is prevented the price may likely hit the previous high of $0.003000.soon in its lower time frame.
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