Lucky Block Price Prediction – July 3
LBLOCKUSD‘s price could jump soon to face the crucial supply level as usual. Therefore; if buyers should accelerate their price actions in the market, the $0.0000745 previous high may be retested which might extend to the $0.0001200 upper resistance trend level and beyond.
Key Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000200, $0.0000150, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The long-term chart of the Lucky Block the price could jump soon. Furthermore, the price is trading below the EMA, indicating that the market is currently bearish.
The prolonged bearish pressure in the previous few hours has kept the coin price below the supply trend levels seen at its latest low.
Meanwhile, the current price at a $0.0000180 high value below the supply trend lines has not stale the market condition of the coin. Further, investors may seize the opportunity now and buy the coin at a lower price, and look for more gains ahead.
Meanwhile, the LBLOCKUSD price could see another jump soon as the market is already oversold. It means that the selling momentum is not certain. Therefore, a significant level of $0.0001200 might be reached in the nearby days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block price is in a bullish race in the medium-term outlook. The price is slightly above the supply trend lines, indicating a bullish trend. This is due to a bit increase in the bullish momentum. Meanwhile, the coin price could jump soon as the trend has just resumed a new correction phase.
The bullish pressure on the crypto market at the $0.0000178 supply value in the previous action has retained the coin price in the bullish trend in its recent high.
Earlier today, the bulls made an increase to the $0.0000180 supply value above the moving average, resulting in an intraday profit for the coin traders.
Thus, the coin price could jump soon if the buy traders can increase the buying momentum and target the $0.0000340 previous high point.
As a result, if the buying pressure persists and the bulls close the hourly chart above the previous high of $0.0000340, the continued recovery may cause the LBLOCKUSD market price to remain stable on the upside and halt any additional bearish swings.
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