Lucky Block Price Prediction – January 23
LBLOCKUSD‘s price is aiming at the $0.0002000 resistance level as much pressure can be seen from the bulls at the moment. The coin price is going upward at the moment and might move higher above the current resistance level at $0.0000491, if buyers exert more force into the price action in the market, the $0.00001228 high trend line might be retested soon. Thus a clear buy signal and intraday gain for the coin buyers.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block pair is aiming at the $0.0002000 resistance level while showing a bearish display in its long-term perspective.
The price bars can be seen in green 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.
The bearish pressure at the $0.0000457 support level in the past few days has made the coin price stay below the supply trend lines in its recent price level.
The market price of Lucky Block rises from $0.0000471 to the $0.0000491 resistance level slightly below the EMA-50 as the daily chart opens today; this suggests that the bulls are gradually returning to the market while aiming at the $0.0002000 resistance level.
The traders should seize the opportunity now and buy the coin at a lower rate as the journey up north continues.
Meanwhile, further downsides are unlikely as the market price of LBLOCKUSD remains in an upward direction on the daily stochastic. This means that the crypto will continue its upward move while aiming at the upper resistance zone and the price jump could hit 0.0002000 upper resistance level, indicating a strong supply zone for a potential BUY in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD at the moment is currently recovering and showing positive signs above the $0.0000484 supply level aiming at the upper resistance levels in its medium-term perspective.
Buyers pushed the crypto price up to the $0.0000473 resistance level during yesterday’s session and sustained it. This has made it possible for the coin to maintain its upward stability while aiming at a $0.0002000 resistance level in recent times.
Just a few minutes after the opening of the 4-hour chart, the bulls corrected the $0.0000487 supply value to resume its uptrend. This will encourage the buy traders to invest in the crypto, as possible future gains are certain.
Hence, we have an optimistic bias that the coin price will maintain its bullish trajectory as the market is pointing upwards on the daily signal.
If the buying pressure should increase, there may be a potential rise in the Lucky Block price and this might retest the previous high at the $0.0000568 supply level which might further extend the coin price to the $0.0002000 high trend line as it aims at the upper resistance level soon in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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