Lucky Block Price Prediction – June 24
Amid the recent growth in the crypto market, the Lucky Block price has rebounded from the support trend line and set a new bull cycle within the pattern. The coin gave a bullish breakout from the $0.0001101 level, suggesting the buy traders are making a recovery attempt. Thus, if the crypto’s price sustains above the $0.0003429 high level, the potential rally could surge higher to hit the $0.02000 upper resistance level and beyond, thus increasing the strength of coin buyers.
Levels:
Resistance levels: $0.0001800, $0.0001900, $0.0002000
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD remains bullish on the higher time frames. This is clear as we can see the prices trading above the EMA-9 approaching the overhead resistance line, indicating an uptrend.
The bulls were able to push the cryptocurrency up to the $0.0001200 resistance value during yesterday’s session and have enhanced the price to stay in green ready for an upward performance in recent times.
As of now, the prices are wavering above the EMA-9 at the $0.0001101 supply value trying to obtain suitable supply as the daily chart resumes today. Under the influence of this pattern, the asset price developing new higher highs indicates gradual growth in underlying bullish momentum.
With the overall market trend still bullish, the Lucky Block price is likely to plunge higher and retest the high accumulation zone of $0.0003429.
In addition to this, the Lucky Block price is pointing upward on the daily stochastic, indicating an upward move. We, therefore, expect a breakup of $0.0003429 and growth of the price to the resistance of $0.02000 value in the nearby days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Lucky Block’s price looks good and tasty for the buy traders in its medium-term outlook. Further, the pair is trading above the moving averages making higher highs and moving toward the upper resistance area. The coin price has walked a lateral path, trying to sustain above the $0.0001024 support level.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent high.
The market was propelled higher by the bulls until it reached a new high of $0.0001101 resistance mark above the moving averages as the 4-hourly session resumes today. This shows the level and the high impact of the buy investors on the crypto market.
However, a breakout above this barrier would rise to hit the $0.0002300 previous high which could possibly trigger the bullish momentum.
Next, buyers clustering around the market now means that the price of LBLOCKUSD will still go up further. Therefore we can expect the upward rally to reach the $0.02000 trend line in the nearby days in its medium-term outlook.
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