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Lucky Block Price Prediction: LBLOCKUSD Might Surge Higher to the $0.0002000 Supply Level

Johnathon Fox
01/11/2024 | UPDATED ON: 01/11/2024

Lucky Block Price Prediction – January 11
LBLOCKUSD price will keep rising based on the outlook; the coin price might surge higher to the $0.0002000 supply level shortly. The crypto at the moment is currently recovering and facing the upper channel. If buyers should triple their efforts to forecast a bullish increase in the market above the $0.0001602 resistance level, the correction phase might surge higher to meet the resistance at the $0.0002000 trend line.

Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD price seems to have pulled back a little but the overall trend is still bullish on the daily chart. As a result, the crypto might surge higher to the upper resistance sooner.
Lucky Block Price Prediction: LBLOCKUSD Might Surge Higher to the $0.0002000 Supply Level
Buyers’ sustained pressure to a $0.0000557 high level in the past few days has made the coin price retain its upward strength in recent times.

After completing the dip-lows by sellers at a $0.0000494 low value, an additional effort was added by the bulls and the price of Lucky Block surged higher to a $0.0000544 high mark above the EMA-50 as the daily chart opens today. This suggests an uptrend as well as an indication that the buy traders are responding to the price actions in the market.

Further, an increase in the buying pressure might lead the price of Lucky Block to retest the previous high of $0.0001602 high mark, obtaining a higher footing to rise higher.

Additionally, the price of LBLOCKUSD might surge higher as shown by the daily signal pointing up; hence, buyers could therefore aim at the psychological level of $0.0002000 resistance value in the days ahead as the crypto remains firm above the supply trend levels in its long-term perspective.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block pair also trades in a bullish trend market in the medium-term outlook.
Further, the coin price might surge higher to the overhead supply soon due to the high impact of the long-term traders in the price flow.
Lucky Block Price Prediction: LBLOCKUSD Might Surge Higher to the $0.0002000 Supply Level
The sustained bullish pressure to the $0.0000499 high level in the previous action has led to the coin’s recent high.

Shortly after the 4-hour chart opened today, the bulls made a strong run-up to the $0.0000530 resistance level above the EMA-50. This however makes it possible for the coin to rise further. Maintaining a trading position above the moving averages will allow the LBLOCKUSD market value to surge higher.

In addition to that, the daily stochastic indicates an uptrend, if the bulls should add more aggression to their activities in the market; the Lucky Block price might surge higher to hit the $0.0002000 resistance level in the days to come 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 →
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