Lucky Block Price Prediction – July 12
LBLOCKUSD price is trending upward at the moment and might possibly move higher above the current resistance level at $0.0001094. The daily chart shows growth in underlying bullish momentum as prices are obtaining suitable supply above $0.0001046 value if buyers should exert more force into the price action in the market; the $0.0003429 high trend line might be retested soon. Thus a clear buy signal and intraday gain for the coin buyers.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001800, $0.0001700, $0.0001600
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block is in a bullish trend market in its long-term view. The coin price can be seen trading above the EMA-9 approaching the overhead resistance.
It seems that the bulls are about to take over and push us higher. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
Pressure from the bulls at the $0.0001500 high value in the past few days has sustained its upward stability in its recent high.
The coin price rebounded from the $0.0000980 support and triggered a new bull cycle within the narrow range to the $0.0001094 supply value as the daily chart resumes today. As a result, the price has surged 2.35% from this support and currently exchanging hands at the mentioned support.
Furthermore, a strong break-up above the $0.0003429 resistance point would strengthen the bullish pressure and provide a long entry opportunity for traders.
Hence, 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 $0.02000 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. The prices of LBLOCKUSD are now seen above the supply levels trending upwards to the upper resistance area. This is due to the high impact of long-term traders on the price flow.
The bulls have sustained the crypto market at the $0.0001015 supply value in the previous action, this has made it possible for the coin to stay above the supply levels and remain stronger in recent times.
The impulse move from the buy traders has really pushed the price of Lucky Block up to a $0.0001094 high level above the moving averages shortly after the 4-hourly session opens today.
Hence, a possible breakout from the patterns resistance trend line above the $0.0002340 previous high level will provide a long entry opportunity for traders.
Adding to the above, we have a bullish bias that the Lucky Block price will continue the bullish trend as the market also points upwards on the daily signal.
If the buying pressure should increase, there may be a potential rise in the coin price and this might retest the previous high at the $0.0002340 supply level which might further extend the coin price to the $0.02000 high trend line in the coming days in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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