Lucky Block Price Prediction – July 13
It is about time for the LBLOCKUSD price to swing up and might head to the $0.02000 high mark as the crypto just completed the dip-lows and resumed the upside move. If the current support at the $0.0001018 support value holds, a sharp breakout and closure above the previous swing high of $0.0003429 value will invalidate any bearish thesis and the price might hit the high at $0.02000 resistance level and beyond, which will signal a strong buy signal for the interested traders.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.00000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block‘s price remains in a bullish trend in its long-term outlook. The Bulls are really trying not to fall this time around. Further, the coin prices are traded above the EMA-9, this confirms a bullish trend.
Pressure from the bulls at the $0.0001478 high value on the 9th of July has sustained its upward stability in its recent high.
Today’s daily bullish candle at the $0.0001081 resistance level above the EMA-9 confirms the bulls’ dominance in the market. This breakup may possibly accelerate the bullish momentum and extend the ongoing correction to a higher level.
Should the bulls put extra effort into their buying pressure, the post-breakout rally may surge the LBLOCKUSD price higher by 17.5% to hit the $0.0003429 mark.
In a like manner, the LBLOCKUSD price is also pointing upwards on the daily stochastic, this suggests that the coin price may likely continue in an upward direction and might head to the $0.02000 supply trend line in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Upward pressure still dominates the LBLOCKUSD pair in the medium-term time frame. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
On the 4-hourly chart today, there is a broader recovery in the prices. The cryptocurrency jumped up to a $0.0001081 supply level above the moving averages as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices.
Meanwhile, a breakout above the $0.0002000 barrier, with a 4-hourly candle closing could signify a shift in the market dynamics.
In addition, if the Lucky Block buyers could increase their buying pressure, the coin price will increase further as the bullish rally just started, with the look of things, the rally might possibly extend the coin price to a $0.02000 high value in the coming days in its medium-term time frame.
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