Lucky Block Price Prediction – August 10
LBLOCKUSD is currently gathering momentum to the upside and might head to the $0.001000 supply level. After completing the low dips, the coin now has the potential to rise further as we can see a bullish correction in place. In case the buying team’s pressure breaks up the previous high of $0.003429, the coin price may increase to a $0.001000 upper high level and beyond.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD is in a bullish trend market in its long-term view. The coin prices can be seen traded slightly above the EMA-9 which confirms its bullishness.
Meanwhile, it seems that the buy traders are about to take over and push us higher as we can see a bullish correction in place at the present.
The bulls acted bravely during yesterday’s session by pushing Lucky Block price to a $0.0000977 high value which enhanced the crypto price to remain strong above the supply trend levels in recent times.
Due to high volatility in the crypto market, LBLOCKUSD’s price has now moved up to a $0.0001016 high mark above the EMA-9 as a result of more concerns from the buy investors.
Therefore should buyers increase their swagger in the market, the crypto’s price is poised to pump up above the key resistance levels around $0.0003429.
In a like manner, the daily stochastic which is pointing up indicates that the price of LBLOCKUSD is in an uptrend and might head to the $0.001000 supply level and beyond soon in the higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair also trades in a bullish trend market in the medium-term outlook. This is due to the high impact of long-term traders on the price flow.
Activities of the buying crew to a $0.0000957 high value in the previous action have sustained its upward stability in its recent high.
The bulls made a corrective rally up to a $0.000998 supply trend line above the EMA-9 shortly after the 4-hourly session opens today. This will enable buyers to influence the price tendency.
However, if the buy traders successfully keep the Lucky Block prices above $0.0001289, a retest of the previous high at $0.0001748 level is possible soon which might head to the $0.001000 supply level in the coming days in the medium-term outlook.
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