Lucky Block Price Prediction – January 10
The LBLOCKUSD price enters a new correction phase as the price at the moment is currently recovering and also remains firm above the supply levels. The crypto is showing positive signs above the $0.0000529 supply value and will most likely continue rising. The price could rise further to hit the $0.0002000 upper resistance level and beyond if coin holders show greater strength and the price sustains above the previous high value of $0.0001900.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair enters a new correction phase as it remains above the supply levels in its long-term outlook. The price bars can be seen slightly above the moving average which confirms its bullishness.
The order flow by the long-term traders at the $0.0000543 high value in the past few days has made the coin price increase a bit in price and enter a new correction phase.
The momentum remains bullish despite the push from the short traders, the bulls made a touch at the $0.0000545 high mark above the moving averages as the daily chart resumes today. This trend pattern proves the impact of buyers on crypto.
The coin might jump towards the $0.0001900 supply level amid renewed buying momentum if the sell traders reduce their tension in the market.
Adding to this, the daily stochastic suggests an uptrend by pointing upwards, the bulls could therefore aim at the psychological level of $0.0002000 upper resistance value as soon as the crypto enters a new correction phase and remains firm above the supply levels in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The momentum on the medium-term outlook looks bullish as it enters a new correction phase as can be seen from the chart below.
The price of LBLOCKUSD is currently trading at the resistance above the moving averages. So it seems that the bulls are about to take over and push us higher.
The bullish impact on the crypto to the $0.0000500 supply level during the previous action has sustained its firmness above the supply levels.
Today, the bulls made an upward move to the $0.0000545 high value above the moving average lines as the 4-hour chart opens.
The Lucky Block price looks promising as the coin price enters a new correction phase and remains dominant in the market at the moment.
If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
In continuation, the market is pointing up on the daily signal indicating a buy potential. This bull race may continue and take us high to a significant level at the $0.0002000 supply trend line and beyond soon in its medium-term time frame.
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