Lucky Block Price Prediction- August 22
Today the LBLOCKUSD is positive and might revisit the $0.0000579 previous barrier as the bullish action is likely to trigger due to a high volume by the bulls. The coin price is trending higher; thus, coin investors could expect the potential rally to quickly hit the $0.0000579 previous high mark and extend further to the $0.0001200 upper high level, signaling an increase in buyers’ interest.
Levels:
Resistance levels: $0.0000190, $0.0000191, $0.0000192
Support levels: $0.0000160, $0.0000150, $0.0000140
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The market value of LBLOCKUSD might revisit the $0.0000579 high mark as it trends towards the overhead resistance in its higher time horizon. The coin price is slightly above the moving averages, suggesting a bullish trend.
The sustained bull’s action to a $0.0000178 supply level in the past few days has contributed to the coin’s bullishness in its recent high.
The market price of Lucky Block is being propelled higher by the bulls until it reaches a new high of $0.0000191 level above the moving averages as the daily chart opens today, giving the bulls more strength to influence the market value of the currency pair as it remains above the supply levels.
Thus, the LBLOCKUSD price might revisit the $0.0000579 previous barrier level if all supports hold in place.
Additionally, the Lucky Block price might revisit the $0.0000579 previous high as soon as the coin market price now approaches the oversold region, compelling the bulls to continue with the upbeat move. In this case, the crypto price might push higher to the $0.0001200 supply mark and beyond in the days ahead, providing buyers with a good entry point in its long-term time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is losing bearish momentum and might revisit the $0.0000579 high as it remains stable above the supply levels in its medium-term outlook. The price bar is above the moving average, suggesting the currency pair’s orientation trades in a general bullish flow.
A further rise in the price of the coin by the buyers to a $0.0000191 high level above the moving averages occurred today during the 4-hourly session, implying that the Lucky Block pair is gaining more strength and it’s time for the buy session.
However, with a high buying force, the LBLOCKUSD price might revisit the $0.0000249 resistance level, bolstering the potential for a higher rally.
In a like manner, the momentum indicator pointing up also indicates that the price will remain on the upside and might revisit the $0.0000249 high level potentially leading the crypto price to the $0.0000579 resistance level and beyond in the days ahead, in its medium-term perspective.
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