Lucky Block Price Prediction – August 15
Amidst the recent uncertainties in the crypto market, the LBLOCKUSD price is going up and the crypto is facing high pressure from buyers. Conversely, if the coin prices sustain above the level of $0.0003429, the bulls’ trend would continue upward and possibly hit the $0.001000 upper high level resulting in a potential recovery and validation of buyers to sustain higher prices.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0001000, $0.0000900, $0.0000800
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
On the higher-term time frame, prices of Lucky Block are above the moving averages and have confirmed a bullish momentum breaking the previous high.
The bulls have sustained the crypto market at a $0.000977 high value in the past few days, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
The long traders caused a rise to a $0.0001026 high level above the EMA-9 as the daily chart opens today. This indicates that the traders are actively buying at this level.
A possible breakout from the mentioned supply level above the previous high of the $0.0003429 mark will provide a higher float for buyers and prolong the ongoing recovery.
Notably, 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 on the upside and this might hit the $0.001000 upper resistance trend mark as the Lucky Block price is going up 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 of long-term traders on the price flow.
The bullish pressure on the crypto in the past few minutes has sustained the coin price above the supply trend lines in recent times.
Amid the recent upsurge in the crypto market, the Lucky Block price gave a massive breakout from the 4-hourly chat above the two EMAs to replenish the recovery sentiment in the coin market price.
Further, with an additional effort from the buying team, the LBLOCKUSD price is likely to plunge higher and retest the high accumulation zone of $0.0001500 level which could set the potential for future growth.
Adding to that, we have a bullish bias that the LBLOCKUSD price is going up as the market is oversold already. If the buying pressure should increase, there may be a potential rise in the crypto price and this might possibly reach the $0.001000 high trend line in the coming days in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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