Lucky Block Price Prediction- January 16
The LBLOCKUSD pair is on the positive side today and may surge above the $0.0002269 high level. If the coin price could sustain above the pattern supply trend line, the coin price may trigger up to the overhead resistance mark at the $0.02000 level, thus a clear buy signal.
Key Levels:
Resistance levels: $0.0002600, $0.0002700, $0.002800
Support levels: $0.0001800, $0.0001700, $0.0001600
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
Lucky Block is possibly making its way up after hitting the $0.0001769 supply level to overcome selling pressure to signal a pump-up. It looks like the price will want to bounce up again in the long term.
The coin was able to reach a high of $0.0001970 level in the previous action and has made it capable for the price to sustain its bullish trend.
Today’s 1-hour bullish candle at the $0.0001769 value which further rises to a $0.0001800 supply mark above the EMA-9 approaching the overhead resistance, confirms the bulls’ dominance in the market.
However, there are bullish signals above the level of $0.0001762 which indicates a possible further increase in the market value.
Further, the LBLOCKUSD price indicates an upward momentum on the daily signal; this indicates that the pair will continue to increase to the upsides and this may likely surge above its previous swing high of $0.0002269 to reach the $0.02000 resistance trend mark soon in its long-term outlook.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
On the lower time frame, the Lucky Block price can be seen above the two EMAs, which means that the price is in a bullish market zone.
The bulls’ increase to the $0.0001951 supply value in the past few minutes has sustained its bullishness in the recent time frame.
The market value of LBLOCKUSD at the $0.0001801 high mark can be seen above the two moving averages; therefore, if the bulls increase their tension in the market, the price tendency will rise above the key levels.
Moreover, with sustained buying pressure, the coin price may rise another 80% before hitting the pattern’s overhead resistance trend line.
Similarly, the coin is pointing up at around level 50% range of the daily stochastic; this implies the bulls may continue to dictate the market direction which might surge above the $0.0002269 supply level. The bulls’ target could be the $0.02000 resistance mark in the days ahead in its lower time frame. Hence, buyers may take a position as desired.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply