Lucky Block Price Prediction – July 16
Amidst the market surge, the market value of LBLOCKUSD is eyeing a break above the $0.0000745 supply level as the crypto engages in vibrant market trends. The coin will go further if the current support at $0.0000161 holds. The crypto’s bullish run may continue to break above the $0.0000745 previous high level, offering further targets to reach the $0.0001200 upper resistance level amidst the market surge, provided buyers increase their buying momentum.
Key Levels:
Resistance levels: $0.0000300, $0.0000400, $0.0000500
Support levels: $0.0000150, $0.0000145, $0.0000140
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD‘s price is eyeing a break above the previous high level as it begins its rising pattern in its long-term outlook. The price responded to the shift in the market structure and is currently rising below the moving average, confirming its bearishness. 
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.
Meanwhile, the current price of Lucky Block at a $0.0000169 high value below the supply trend lines as the daily chart opens today has not stale the market condition of the crypto as it eyes a break above the previous high level soon. Thus, traders who buy the coin during the bearish market will also make gains in the future.
With the LBLOCKUSD price eyeing a break above the $0.0000745 supply level, if the bulls could accelerate the buying momentum and push the prices higher, the crypto price could rise as high as $0.0000800 resistance value, bolstering more buying pressure on the crypto to the upper resistance levels.
Further, the market is pointing up on the daily stochastic. It means the crypto market may continue with the bullish pattern and the emergence of more bullish pressure is crucial.
Hence, the bulls are expected to turn around the price of LBLOCKSD, eyeing a break above the $0.0000745 previous high and the target might be the $0.0001200 supply value amidst the market surge in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
In the medium term, LBLOCKUSD shows a bullish posture, eyeing a break above the previous high level soon. The price currently trades slightly above the EMA-50, showing signs of upward retracement.
The pair made it to the $0.0000163 resistance level during the previous action and has sustained the coin price above the supply trend, eyeing the $0.0000745 previous supply level in its recent high.
The current price of Lucky Block at the press time at the $0.0000169 resistance level above the EMA-50 as the 4-hourly session begins today indicates an upward momentum in the context of the strength of the market, offering a good entry opportunity for coin buyers.
Thus, a possible break above the $0.0000260 neckline will accelerate the buying momentum and push the prices higher to target the $0.0000745 resistance level.
Meanwhile, Lucky Block is experiencing a notable investor engagement trend by eyeing a break above the $0.0000745 accumulation zone as it remains upwards on the daily signal. Hence, the $0.0001200 upper resistance level might be reached in the coming days in its medium-term perspective.
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