Lucky Block Price Prediction- October 13
LBLOCKUSD is breaking out of the supply zone, and the coin price is likely to push higher above the $0.002339 resistance mark, if the buy traders should rechallenge the mentioned resistance, a potential breakout from this resistance will surge the prices higher to hit the $0.0200 supply mark.
Levels:
Resistance levels: $0.002500, $0.0002600, $0.0002700
Support levels: $0.0001880, $0.0001780, $0.0001680
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The market value of LBLOCKUSD can be seen in a bullish scenario in its long-term outlook. This is due to the high inflows from the buy traders. The pair made it to the $0.0002157 resistance level during yesterday’s session and sustained it.
The market price at a $0.0002043 high level which is slightly above the moving averages indicates that the bulls are coming into the market gradually to initiate and dictate the price actions. Therefore, the buyers need to add more strength to their activities to accelerate the market price to a significant level above the $0.003500 supply trend line.
Further, the buyers may likely continue the uptrend as indicated by the momentum indicator which is pointing up at around level 53%. It is therefore expected of the bulls to take us high and rally above the $0.003500 resistance level to retest a $0.0200 supply value soon in its long-term view.
LBLOCKUSD Short-term Trend: Bullish (15-Minutes Chart)
LBLOCKUSD is now trading in the bullish trend region in the short-term perspective. The price bars are above the moving averages, this means that the buy investors are highly involved in the affairs of the market decision.
The coin price at a $0.0002040 high level as the 15-minute chart opens today implies that the bulls are actually investing in the coin at the present. Thus, this will enable the buyers to influence the price tendency for more intraday gains.
Likewise, the price of Lucky Block is pointing upwards on the daily stochastic. It is therefore expected of the buyers to push the price up to a $0.0200 high level and beyond as we cross our fingers and watch out for a potential BUY soon in its lower time frame.
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