Lucky Block Price Prediction- September 13
There is a possibility for the Lucky Block price to further its rally up and test the $0.000850 resistance level. Should the bulls increase their pressure, the supply level of $0.000824 may not hold and it may be exposed to another supply level at the $0.001000 supply level.
Levels:
Resistance levels: $0.001250, $0.001350, $0.001450
Support levels: $0.000670, $0.000570, $0.000470
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
From the chart above we can be assured that LBLOCKUSD is in a bullish move in its long-term view. The sustained bullish pressure pushed the pair up to the $0.000814 resistance level during yesterday’s session and sustained it.
The aggressive move by the buyers further pushes the price of Lucky Block up to a $0.000824 high level above the moving averages as the 4-hourly chart opens today; an indication of more bulls present in the market.
The coin is pointing up around the level 50% range of the daily stochastic; indicating more possibly upside ahead in its higher time frame.
LBLOCK/USD Medium-term Trend: Bullish (1H Chart)
The currency pair is in an upward move in its medium-term outlook. The currency pair’s orientation trades in a general bullish flow.
The buy traders made it up to a $0.000844 high level after which the bears interfered and dropped the price down to the $0.000678 support level as the 1-hourly chart opens today.
The bears lost momentum, and the price action of LBLOCKUSD at a $0.000822 high level above the moving averages at the moment indicates more bullish forces in the market.
The market value of Lucky Block which trades above the moving averages may likely give the coin the tendency to rise further.
Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
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