Lucky Block Price Prediction – August 3
There is a possibility for the Lucky Block price to reach the $0.001000 supply mark amidst the market upsurge in recent times. This will be attained, if there is an interruption by buyers and all the current support holds, the bullish correction pattern may increase the coin price to break up the previous high at $0.0004450 value which might possibly hit the $0.001000 upper supply trend line and beyond.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000800, $0.0000700, $0.0000600
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block is in a bullish trend in the long-term perspective. The price currently trades above the two EMAs, this confirms a bullish momentum.
The high order flow from the bulls at the $0.0001040 high value during yesterday’s session also added to this bullishness in its recent high.
The coin price finds resistance at the $0.0001066 value above the moving averages as the daily session opens today. This suggests an uptrend in the context of the strength of the market and also shows that buyers are still in dominant the price actions at present.
The ongoing bullish recovery will remain intact until the coin price is sustained above the pattern’s supply trend line at the $0.0004450 value.
Additionally, if the bulls could change their orientation and push harder, the price of LBLOCKUSD could rise further to reach the $0.001000 upper resistance trend line in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block price is in a bullish posture and also trades in an uptrend even though the short traders are involved in its medium-term outlook. The price bar can be seen trading above the two EMAs which confirm its uptrend.
The bulls made an upward move to the $0.0001066 resistance level above the two EMAs shortly after the 4-hour session opened today. This enables the buy traders to influence the price tendency to rise further. Also, this breakout triggers a smooth bull cycle pattern, which in theory, should lead the price of LBLOCKUSD to an overhead trend line.
In addition to that, the price action might possibly continue in an uptrend as indicated by the price indicator signaled upward; we can expect the price of Lucky Block to reach a psychological level of $0.001000 supply level in the days ahead before we start seeing the negative move in its medium-term outlook.
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