Lucky Block Price Prediction – July 29
The market value of LBLOCKUSD is presently going up. The coin price hints at an uptrend continuation amidst a recent market surge. Therefore, if the bulls could increase their interest in the crypto investment, the $0.0000189 support level will remain unmoved and may continue its upside moves to retest the $0.0001099 previous high level which could further target the $0.0001200 supply amidst the market surge, suggesting healthy investor interest.
Key Levels:
Resistance levels: $0.0000400, $0.0000500, $0.0000600
Support levels: $0.0000150, $0.0000130, $0.0000110
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Amidst market surge, the LBLOCKUSD price hints at an uptrend continuation as it begins its upward retracement in its long-term outlook. The price responded to the shift in the market structure and is currently back in green below the moving averages.
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.
At the press time, the Lucky Block price hints at an uptrend continuation at the $0.0000196 barrier level below the EMA-50 as the daily chart opens today.
If the pattern holds true and the bullish momentum persists, the coin price could break out from the $0.0000196 neckline to hit the 0.0001099 previous resistance levels, attracting strong players to the market.
Further, the market is now pointing up on the daily stochastic. It means the emergence of more oversold bullish pressure is crucial at this moment. Hence, the bulls are expected to turn around the price of LBLOCKSD and the target might be the $0.0001200 supply value in the days ahead, as the price hints at an uptrend continuation in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD price indicates a healthy activity as it hints at an uptrend continuation while trading above the supply levels on the medium-term chart. The price is above the EMA-50, indicating a bullish trend.
The pair made it to the $0.0000192 resistance level during the previous action and has sustained the coin price above the supply trend lines in its recent high.
The current price of Lucky Block at the $0.0000196 supply level above the EMA-50 as the 4-hour chart opens today, hints at an uptrend continuation and remains strongly bullish. This is an indication of an upward momentum in the context of the strength of the market.
Hence, if the bulls could change their orientation and aggressively push higher, there could be a significant momentum breaking up the $0.0000223 previous barrier, suggesting healthy investors’ interest.
Meanwhile, the pair has a target price of $0.0001200 supply level amidst the market surge as it hints at an uptrend continuation to the upper resistance as indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days from a medium-term perspective.
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