Lucky Block Price Prediction – July 22
The LBLOCKUSD price is trending upward today. The coin could see another speedy uphill trend soon as the coin price holds the $0.0000954 support amidst the market surge. The coin price may likely continue and remain in a bullish direction if buyers manage to break up the pattern’s resistance trend line at the $0.0003429 high value. A possible relief rally may drive the coin market price to the $0.01000 resistance mark and beyond, which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance levels: $0.0002100, $0.0002200, $0.0002300
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block‘s price is bullish on the higher time frame. The price bar can be seen above the EMA-9, this is due to the high impact from buyers.
The high order flow from the bulls to the $0.0001042 high level during yesterday’s session also added to this bullishness. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
Amid the recent upsurge in the crypto market, the Lucky Block price gave a minor breakout from the daily resistance of $0.0001039. The breakout rally made a high of $0.0001056 point but faced immediate resistance with consecutive green candles.
This pullback may retest the breached resistance of $0.0003429 value as potential support and validation of buyers can sustain higher prices.
Further, if the coin buyers could hold above the $0.0003429 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY. As a result, the price of LBLOCKUSD could pump or surge upsides to hit the $0.01000 upper resistance value soon in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is showing a more bullish impact in its medium-term time frame. The price bar which is above the moving averages which are glued together is an indication that the bulls are having the market at their disposal at the moment. 
The bullish pressure at the $0.0001043 supply level in the past few hours has sustained the crypto price above the trend levels in its recent high.
In the 4-hourly time frame chart, the Lucky Block price showed a smooth recovery under the influence of a rising trend line.
The bulls made an aggressive move up to the $0.0001056 resistance level above the two EMAs shortly after the 4-hourly chart opens today. This however makes it capable for the coin to rise further
With sustained buying, should buyers trigger a breakout above the previous high of $0.0002000 level, a breakout above this barrier, with a 4-hour candle closing could signify a shift in the market dynamics.
Similarly, the price signal which is pointing upwards indicates that the trend will remain in an uptrend, if buyers should intensify their tension in the market and the prices break above the current resistance trend line, a bullish trend continues to the overhead resistance of $0.01000 is possible soon in the medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply