Lucky Block Price Prediction – June 20
It is time for the LBLOCKUSD to grow again, the coin price could accelerate more if the coin investors could push higher above the crucial level, and from the look of it, it will keep growing. The bull race may likely continue to the new resistance level break up the $0.000745 crucial level and further extend to a $0.0001200 upper resistance level, attracting more investors to the asset.
Levels:
Resistance levels: $0.0000500, $0.0000550, $0.0000600
Support levels: $0.0000250, $0.0000200, $0.0000150
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block price could accelerate more as it begins its bullish pattern in the long-term perspective. It could be seen that the coin price is below the moving average, indicating a bearish trend.
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
After completing the low-dips at the $0.0000187 low value, the coin price found a reliable resistance at the $0.0000199 value as a pullback below the moving averages as the daily session resumed today.
Meanwhile, with strong buying pressure and positive market sentiment, the LBLOCKUSD price could accelerate more to hit the $0.0000745 previous high level to attract more investors.
Similarly, the Lucky Block price could accelerate more and continue its journey up north as indicated by the daily stochastic pointing in an upward direction at the oversold region.
This means that the selling pressure has ended; we can expect the upcoming bullish correction phase to reach a high at the $0.0001200 value in the coming days in a higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The medium-term outlook of the Lucky Block pair is bearish. Meanwhile, the price could reverse and accelerate more if the bulls could add more energy to their buying momentum.
The sustained bearish pressure at the $0.0000199 support value during the previous session has made the crypto price drop below the supply levels in its recent price level. However, the coin price is to experience a trend reversal to accelerate more as the market is oversold already.
As the 4-hourly chart begins today, bearish actions sent the coin price lower, reaching the $0.0000198 support level below the EMA-50.
Hence, the bullish momentum might be triggered and the price of LBLOCKUSD may likely accelerate more to break up the $0.0000321 previous high value soon if the current support at the $0.0000198 level remains hold and the bulls should speed up their activities in the market.
Additionally, we have a bullish bias that the price of Lucky Block will reverse to the upside and accelerate more as the coin market is already oversold. This will bring the emergence of buy investors soon and in this case, the price could accelerate more to a $0.0001200 upper high level in the days ahead in its medium-term.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply