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Lucky Block Price Prediction: LBLOCKUSD Price Heading Towards the New Resistance Trend Levels

Johnathon Fox
07/23/2024 | UPDATED ON: 07/23/2024

Lucky Block Price Prediction – July 23
Today, the LBLOCKUSD market price is heading towards the new resistance trend levels, following the strong investors’ interest in growth potential. The coin has been experiencing notable activity in the past day, indicating a bullish breakout. If the investors could prove stronger and the price shows sustainability above the $0.0000745 resistance value, its upsides might extend further to reach the $0.0001200 upper high level, reflecting a growing interest among investors.

Levels:
Resistance levels: $0.0000450, $0.0000500, $0.0000550
Support levels: $0.0000160, $0.0000150, $0.0000140

LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is heading towards the new resistance trend levels in its long-term perspective, due to the gradual inflow from the buy traders.
Lucky Block Price Prediction: LBLOCKUSD Price Heading Towards the New Resistance Trend Levels
The coin is now retracing from the support zone, suggesting a growing interest among the buy investors. The price is slightly below the EMA-50, indicating a bearish trend.

The sustained bearish pressure at the $0.0000190 support value in the past few days has made the Lucky Block price drop below the supply levels in its recent high.

Today’s daily chart shows that the LBLOCKUSD price is heading towards the new resistance trend levels as it rises to a $0.0000199 high mark below the moving average. Thus, the potential breakout from the immediate resistance of $0.0000745 will give additional confirmation for a bullish recovery.

In addition, the Lucky Block market indicates an uptrend on the daily stochastic, implying that the selling pressure is over.

The coin price may continue heading towards the new resistance trend levels to hit the $0.0001200 upper resistance level in the days ahead as the price is heading towards the new resistance trend levels and looking for more gains in its long-term perspective.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Lucky Block turns positive today. The currency pair is heading towards the new resistance trend levels above the moving average in its medium-term outlook.
Lucky Block Price Prediction: LBLOCKUSD Price Heading Towards the New Resistance Trend Levels
The coin’s orientation trades in a general bullish flow. The price bar can be seen above the moving averages indicating an uptrend and more bullish impact on the coin.

The successful push by the bulls to a $0.0000195 supply level in the previous action has sustained the crypto price above the supply trend levels in its recent high.

The bulls are trying hard not to fall again as the LBLOCKUSD market value jumped to a $0.0000198 high value above the moving averages shortly after the commencement of the 4-hour session today, indicating that the crypto price is heading towards the new resistance trend levels.

Hence, the potential breakout from the immediately mentioned resistance will give additional confirmation for a bullish recovery.

Meanwhile, the market price of LBLOCKUSD is pointing upwards on the daily stochastic. It means that the buying pressure might continue heading toward the new resistance trend levels. Thus, the expected upside move in the price could be high at $0.0001200 level in the coming days in its medium-term outlook.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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