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Lucky Block Price Prediction: LBLOCKUSD May Continue Trading above the $0.0000204 Threshold

Johnathon Fox
09/28/2024 | UPDATED ON: 09/28/2024

Lucky Block Price Prediction- September 28

LBLOCKUSD pair has recently gained investors’ attention and may continue trading above the $0.0000204 threshold, as the bears are losing control. The price is likely to grow further and is an opportunity for long-term investors. Suppose the current support at $0.0000194 value holds, and the daily chart closes above the $0.0000450 resistance level. In that case, there is a high probability that the price will go up and continue trading above the $0.0000450 high to hit the $0.0001200 upper resistance level, offering a good entry point for the coin traders.

Key Levels:
Resistance Levels: $0.0000204, $0.0000205, $0.0000206
Support Levels: $0.0000180, $0.0000170, $0.0000160

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)

The LBLOCKUSD pair is bullish and may continue trading above the resistance threshold as it faces the overhead resistance in its higher time frame. The price is recovering and trading above the EMA-50, indicating an uptrend.
Lucky Block Price Prediction: LBLOCKUSD May Continue Trading above the $0.0000204 Threshold
However, the persistent bullish pressure to the $0.0000196 high value in the previous action has sustained the crypto price above the supply threshold in its recent high.

Today’s chart indicates that the LBLOCKUSD may continue trading above the $0.0000204 threshold as the price rises to a $0.0000205 high level as the daily chart opens, hindering the market from smashing through the support zones.

Thus, the Lucky Block price will grow further and may continue trading above the supply threshold to hit the $0.0000450 prior resistance level if the buying pressure persists.

Further, the daily stochastic indicates an uptrend; in this case, the price of LBLOCKUSD might continue trading above the $0.0000204 resistance threshold and extend its price to reach the $0.0001200 upper resistance level sooner in its long-term outlook.

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

The LBLOCKUSD pair is rising and may continue trading above the resistance threshold in its medium-term perspective. The price bar can be sighted above the EMA-50, due to a high bullish impact on the crypto market.
Lucky Block Price Prediction: LBLOCKUSD May Continue Trading above the $0.0000204 Threshold
The coin price at a $0.0000205 resistance value is undeniably bullish as it continues to trade above the $0.0000204 threshold as the 4-hourly session opens today, signaling the potential for significant market movement and investor interest.

Thus, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.0000260 threshold, signaling strong market optimism among the coin investors.

Meanwhile, the Lucky Block pair is in an uptrend on the daily signal, suggesting that the coin price may continue trading above the $0.0000204 threshold and the resulting rally may surpass the $0.0000260 level and hit the $0.0001200 psychological level at the upside in the days ahead in its medium-term perspective.

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.

View all posts by Johnathon Fox →
Previous Post: « USDJPY: Price May Break up the $161.95 Supply Value
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