Lucky Block Price Prediction- August 24
The LBLOCKUSD price is close to the $0.0000620 supply level and has already increased significantly in the previous actions: obviously, the bears are clearly losing control. Based on the outlook, the crypto may likely hit the previous high at $0.0000620 resistance level provided the current support level at $0.0000171 holds. As a result, the coin price may extend to the $0.0001200 upper resistance level and beyond, indicating the potential for a massive price surge.
Key Levels:
Resistance levels: $0.0000450, $0.000046000, $0.0000470
Support levels: $0.0000180, $0.0000170, $0.0000160
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD indicates an upward trend with a bullish sentiment as it moves close to the $0.0000620 supply levels in its long-term perspective. The coin is trading above the EMA-50, suggesting a bullish trend. However, the market is presently facing overhead resistance at the recent high. 
Today, the current price of Lucky Block at $0.0000189 high level, which is close to the major resistance level is due to high commitment from the bulls.
Should the bulls increase their momentum, the price of LBLOCKUSD might break out from the current supply and move close to the previous high of $0.0000620, triggering a massive rally for the crypto price.
Further, if a renewed surge in buyers’ interest occurs, Lucky Block’s price might surpass the $0.0000620 high mark, leading the coin price close to $0.0001200 soon in the higher time frame, as the crypto price is close to the upper high level.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The market price of LBLOCKUSD is close to the overhead resistance level above the moving averages suggesting an uptrend in the context of the strength of the market. 
The bulls’ pressure on the crypto at the $0.0000172 mark in the past few hours has sustained its price close to the overhead resistance and remains bullish in its recent high.
At the time of writing, buyers successfully pushed the Lucky Block price to the $0.0000189 level above the EMA-50 but close to the major breakout, propelling the crypto price higher by 10% and bullish commitment.
Therefore, maintaining a level above the supply levels suggests a high likelihood of a bullish correction. Thus, a significant break up above the $0.0000620 resistance point would strengthen the bullish pressure close to the overhead resistance area.
Notably, the daily stochastic suggests an uptrend by pointing upward. Thus, if the buy traders successfully keep the LBLOCKUSD prices above the $0.0000218 resistance level, a retest of the previous high at the $0.0000620 level is possible, which may further extend the coin price close to the $0.0001200 upper high level in the coming days in its medium-term perspective.
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