Lucky Block Price Prediction- October 11
Lucky Block is experiencing an increase in value again and may break up the $0.0000450 supply value if the momentum persists. With bulls seemingly regaining momentum, the coin price could sustain above the pattern supply trend line and trigger up to the overhead resistance mark at the $0.0001200 level, signaling a buy potential and a great gain for coin buyers.
Levels:
Resistance levels: $0.0000230, $0.0000240, $0.0000250
Support levels: $0.0000160, $0.0000150, $0.0000140
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD is trading in the bullish trend market and may break up the previous high level following a recent correction in the long-term outlook. The price currently trades above the EMA-9, suggesting a bullish trend.
The high order flow from the bulls during the last trading session added to its bullishness and may break up the $0.0000450 crucial resistance soon. However, the bulls are now set to increase the trend and may likely break up the above-mentioned supply.
Earlier today, Lucky Block buyers responded to the market after updating yesterday’s low-dip at the $0.0000210 support value and made a correction to the $0.0000227 high level above the EMA-50; an indication that the bulls are returning gradually for an increase in the coin price and may break up the $0.0000450 supply level as the bulls continue to shape the trajectory towards the upper channel.
This will give room for the buy investors to influence the price tendency. Thus, a break up above the $0.0000450 resistance mark would intensify the buying pressure on the crypto, as it approaches the anticipated target.
Hence, the current correction phase may break up the $0.0000450 and continue the upward move as the momentum indicator points in an upward direction; we can expect the LBLOCKUSD price to reach a significant level of $0.0001200 supply trend line as the bulls continue with their bullish correction to break up the previous high barrier levels in the days ahead and remain dominant in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD hints at a potential break out and may break up the critical supply value as the pair remains bullish in the medium-term outlook.
The cryptocurrency has completed its downward correction and may break up the previous high point, suggesting a high optimism among the coin investors for upward momentum.
The bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hourly chart opens. An increase to the $0.0000227 supply value above the moving average level suggests the returns of the buy traders in the Lucky Block market and a possible bullish breakout.
The market participants are responding to this pattern and may break up the $0.0000268 supply value, offering a good entry opportunity for coin investors.
Meanwhile, further upsides are likely as the price signal is pointing upwards, implying that the upward rally will continue and may likely break the $0.0000268 value to hit the $0.0000450 and $0.0001200 resistance values in the coming days with buyers regaining momentum in the medium-term perspective.
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