Lucky Block Price Prediction- July 9
Lucky Block pair is on the verge of more upside as it makes a smooth journey to the crucial resistance, trying to stabilize. The recent market structure points to a rise shortly. The vital resistance for the coin is found near the $0.0000166 zone. However, the price can go higher if the current support holds and the bulls can put in aggressive efforts, the price may increase further to retest a $0.0001099 high level, signaling the potential for significant gains.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000200, $0.0000150, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is on the verge of more upsides after updating its low movements in its long-term outlook. The coin price is in green approaching the crucial resistance below the supply levels, indicating a bearish trend.
The intervention from the sell traders at the $0.0000140 support level during the last session is the cause of its slowness in price at its recent level. Notwithstanding, the crypto is on the verge of more upsides as the bulls are not relenting and are therefore prepared for the next uptrend.
The cryptocurrency at the time of writing has been able to ride up to a $0.0000166 supply level below the EMA-50 as the daily chart opens today. However, trading below a $0.0000174 low level could be a warning sign for the bulls.
Therefore, if the bulls should redouble their efforts in the market, more upsides move toward the $0.0001099 previous barrier level will be achieved.
Thus, the LBLOCKUSD price is on the verge of more upsides as suggested by the daily signal pointing upwards. It is expected that buyers will move the price of Lucky Block upward and turn the coin into a bullish market soon. The $0.0001200 in the upper resistance area might be reached in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook, the LBLOCKUSD pair is on the verge of more upsides as it remains above the supply levels. The coin price is progressing upward to the overhead resistance, indicating a bullish trend.
The price increase to a $0.0000165 high level in the previous action has enabled the crypto price to trend above the resistance levels in its recent high.
A further rise in the price of Lucky Block by the bulls to a $0.0000166 high level above the moving averages occurred today during the 4-hourly session. It means that the currency pair is gaining more strength and on the verge of more upsides, also the time for the buy session is very near.
Hence, the LBLOCKUSD pair is on the verge of more upsides as the market remains in an upward direction on the daily stochastic.
It means that the selling pressure has ended, we will now be looking at the emergence of more bullish forces in the market as the long traders take us up to a $0.0001200 significant level at the upper resistance level in the coming days in its medium-term perspective.
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