Lucky Block Price Prediction – January 20
The LBLOCKUSD is now set for the next bull cycle as the crypto hints a fresh recovery at the $0.0000500 high value and a swift increase is expected to follow soon. Therefore, a bullish crossover above the $0.0001250 high mark will encourage the buy investors for a longer correction and this might reach a high at the $0.0002000 upper supply trend line which would trigger the buying opportunity for traders.
Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD indicates an upward trend with a bullish sentiment as it hints at a fresh recovery at the $0.0000500 above the supply trend in its long-term perspective. 
The interference of long-term traders to the $0.0000599 on the 16th of January has contributed to its bullishness in its recent price level.
The coin price on the daily chart today is currently facing resistance and trading at the $0.0000500 correction level slightly above the EMA-50. Such lower price rejection indicates that buyers are defending at this level and attempting to push the price higher as the crypto price hints at a fresh recovery.
Hence, a strong push above the $0.0001250 supply level will offer strong resistance to the crypto price.
In a like manner, the price pointing upwards on the daily stochastic as the coin price hints fresh recovery means that further upside is certain. It is therefore expected that the buy investors will move the price of Lucky Block up and may likely hit the $0.0002000 supply level soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block pair is now finding its way to the overhead resistance level as it hints at a fresh recovery at the $0.0000500 price level in its medium-term time frame. The market which has just hinted at a fresh recovery above the EMA-50 shows that the price may now be trading in a new ascending channel.
The bulls have sustained the crypto market at the $0.0000497 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
The momentum hints at fresh recovery and remains in an uptrend despite the push from the short traders, the bulls made a touch at the $0.0000500 high mark above the EMA-50 as the 4-hourly chart resumes today. This trend pattern proves the impact of bullishness on crypto. Thus, closing the 4-hourly session above the $0.0000738 will put the trade more on the buy side.
Hence, the LBLOCKUSD pointing up on the daily stochastic as the coin price hints fresh recovery means that the buying pressure may continue, and suggests a possible recovery of $0.0002000 supply level in the coming days in the medium-term.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply