Lucky Block Price Prediction- October 3
LBLOCKUSD is about to resume its bullish race. The cryptocurrency is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, and the price closes above the $0.0004533 supply trend line; this will trigger the buying opportunity for traders.
Levels:
Resistance levels: $0.0005800, $0.0005900, $0.000600
Support levels: $0.0003900, $0.0003800, $0.0003700
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
The Lucky Block pair is currently trading in the bearish market zone in its long-term time frame. The bulls are also trying and will not allow the support level to stay. The price is now on its way up to the resistance area to validate the bearishness.
The buy traders made a correction at the $0.0004087 supply mark and further rises to a $0.0004097 high value to resume its next uptrend move as the 1-hourly chart resumes today. The current price level however shows an intraday gain.
With this upcoming buying pressure, the price may retest the previous trend line at a $0.0004243 high level for another breakup attempt.
Additionally, the new correction phase will most likely continue as the price indicator projects an uptrend, which means that the price will still rise and the $0.02000 supply mark might be the target in the days by.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
The bulls are now involved in the order flow, and the market value of LBLOCKUSD now trades in the bullish trend zone in its lower time frame.
The price action which increases from the $0.0004054 level to the $0.0004089 resistance level above the moving averages, affirms the presence and the impact of the bulls in the market.
More so, continuation to the upside is sure and certain as the buy investors are shown clustered around the market at the moment by the daily stochastic. With this trend, the lucky Block price might reach the key level at the $0.02000 supply trend mark and beyond soon in its short-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
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