Lucky Block Price Prediction – June 25
LBLOCKUSD is about to resume its bullish race. The cryptocurrency price eyes the $0.0001099 supply level if all the current support holds in place. Therefore, if the bulls could trigger their forces in the market, the coin price may likely swing high and turn positive to reach the $0.0001099 high level, fueling the bullish sentiment for a better investment opportunity for the coin traders.
Levels:
Resistance levels: $0.0000300, $0.0000400, $0.0000500
Support levels: $0.0000150, $0.0000100, $0.0000090
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block pair is showing a bearish display while it eyes the $0.0001099 supply level in its long-term perspective. The price bars can be seen below the moving averages. This is due to the high inflow from the sell traders.
However, there is about to be a turnaround for the Lucky Block buy traders, as it eyes the previous high level of $0.0001099 to validate its optimism.
The bulls however made an increase to a $0.0000179 high level earlier below the moving averages to resume its uptrend. With this current trend, traders can buy the crypto at a lower rate and move the market further up. Therefore, if the bulls increase their tension in the market, the price tendency will move above the crucial levels as it eyes the $0.0001099 previous supply level.
Meanwhile, the price of LBLOCKUSD is pointing up on the daily signal. This implies that the price is still going up and in this case, the price might retest the $0.0001099 resistance level soon if the buy traders could increase their efforts in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The currency pair is trading below the moving averages, an indication of a bearish market sentiment in its lower time frame. Thus, the LBLOCKUSD price eyes the $0.0001099 supply level while correcting to resume its bullishness soon.
A rise to a $0.0000179 high level by the bulls shortly after the 4-hourly chart opens today affirms the returns of the long traders into the market. Thus, the price of Lucky Block is set to advance further if the bulls can redouble their efforts and push above the current supply level.
Hence, the stochastic oscillator pointing up means that the price action is in an uptrend. We can certainly expect the price of the coin to increase to a $0.0000745 value sooner as it eyes the $0.0001099 supply level soon in its medium-term time frame.
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