Lucky Block Price Prediction – June 12
The Lucky Block price is going higher and might possibly increase above the current resistance level at the $0.0001229, if buyers should exert more force into the price action in the market; $0.0003429 high trend line might be retested soon which could further expose the coin price to the $0.02000 upper supply trend level. Thus a clear buy signal and intraday gain for the coin buyers.
Levels:
Resistance levels: $0.0002100, $0.0002200, $0.0002300
Support levels: $0.0001000, $0.0000900, $0.0000800
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair is still in an uptrend in its long-term outlook despite the inflows from the sell traders. The price bars can be seen slightly above the moving averages which are glued together. Thus, the bulls are capable of pushing higher from this trend line.
The successful breakout by the bulls to the $0.0001141 supply value during the yesterday’s session has made it possible for the Lucky Block market to retain its bullish strength in its recent times.
The bulls caused a rise to the $0.0001229 high level above the EMA-9 as the daily chart opens today. This indicates that the traders are actively buying at this level. However, there are bullish signals above level $0.0001210 which indicates a possible further increase in the market value.
In addition to this,, the market is pointing upwards on the daily signal; this will quicken the emergence of more buyers to move the price of LBLOCKUSD up to a significant level in the upside and this might hit the $0.020000 upper resistance trend mark as the Lucky Block market continues in its bullish correction pattern in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The coin also trades in a bullish trend market in the medium-term outlook. This is due to the high impact from the long-term traders in the price flow.
The price currently trades above the two EMAs which are glued together. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The cryptocurrency has been having a series of higher highs and higher lows which has made it capable for the price to remain stronger in an upward trend in its recent high.
Earlier today, the bulls caused a rise in the price of Lucky Block to a high at the $0.0001229 level above the moving averages. This current trend will enable the coin price to remain in the upsides and rises or breakout to the upsides. This however creates a strong area of interest for buyers.
Hence, with the price pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action of LBLOCKUSD up and may likely hit the $0.02000 upper resistance level soon in its medium-term outlook.
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