Lucky Block Price Prediction – July 24
Lucky Block is on the verge of more upsides, to the overhead resistance shown on the medium-chart. The recent market structure points to a rise shortly. The vital resistance for the coin is found near the $0.0000191 zone. However, the price can go higher if the current support at $0.0000190 holds and the bulls can put in aggressive efforts, the price might retest a $0.0000745 high level, extending to the $0.0001200 upper high level, indicating growth in investors’ interest on the asset.
Levels:
Resistance levels: $0.0000300, $0.0000400, $0.0000500
Support levels: $0.0000150, $0.0000140, $0.0000130
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD pair is on the verge of more upsides as it remains at the overbought region in its long-term outlook. The price is below the EMA-50, suggesting a bearish trend. The price of LBLOCKUSD may commence bullish movement soon if the support level at $0.0000190 holds.
The intervention from the sell traders at the $0.0000192 low value slows the pressure from the bulls down in its recent low. Notwithstanding, the coin is on the verge of more upsides as the bulls remain clustered around the market preparing for the next possible uptrend.
The cryptocurrency dropped to the $0.0000190 support level, as the daily chart opens today. However, trading below a $0.0000192 low level could be a warning sign for the bulls. Therefore, if the bulls redouble their efforts in the market, more upsides will be achieved.
Thus, there is an indication of more positive moves ahead as the market approaches the oversold region. It means that the Lucky Block price may experience a reversal soon, as it is on the verge of more upside. It is expected that buyers could move the price of LBLOCKUSD upward and turn the coin into a bullish market soon.
The $0.000074 high level might be revisited and further extended to a $0.0001200 upper high level in the days ahead in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook, the crypto is on the verge of more upsides as it remains above the moving average line, indicating a bullish trend.
The LBLOCKUSD pair has been having a series of higher highs and higher lows in its previous session, enhancing the coin price to be on the verge of more upsides and remain above the resistance levels 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 4-hourly chart opens today. This however indicates that the pair is on the verge of more upsides and gives the bulls more strength to influence the market value of the currency pair.
Hence, the LBLOCKUSD pair is on the verge of more upsides as the market remains in an uptrend 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 $0.0000745 significant level in the coming days in its medium-term perspective.
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