Lucky Block Price Prediction – September 12
The LBLOCKUSD is seeing a bullish surge, and the price might reach the supply level of $0.0000450 as investors’ interest and momentum spike. The coin bullish pattern is in play and will go further if the current support at $0.0000161 holds. The crypto’s price may continue its upside moves to retest the $0.0000450 previous high level, which might reach the $0.00001200 supply amidst a market surge, provided a renewed interest from buyers occurs, potentially pushing the price upward.
Key Levels:
Resistance levels: $0.0000250, $0.0000255, $0.0000260
Support levels: $0.0000165, $0.00000160, $0.0000155
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD has just resumed its bullish correction and the price might reach the high supply of $0.0000450 as the journey up north begins in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages.
The coin price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
The rise in the LBLOCKUSD pair at a $0.0000182 high mark below the EMA-50 as the daily chart commences at the time of writing might reach a high supply level as the crypto continues its strides.
With the positive sentiment, the Lucky Block price could swing high, and the price might reach a high supply level of $0.0000450, indicating investors’ growing interest in the asset, bolstering more buying pressure on the crypto to the upper resistance levels.
Further, the market is now pointing up on the daily stochastic, implying the emergence of bullish pressure is crucial. Hence, the bulls are to turn around the price of LBLOCKUSD, and the price might reach the high supply level of $0.0001200 amidst a market surge in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Analyzing the chart above, we can see that LBLOCKUSD is progressing, and the price might reach the high supply level of $0.0000225 soon. The price currently trades above the EMA-50, indicating a bullish trend.
The pair made it to the $0.0000192 resistance level during the previous action and has sustained the coin price above the supply trend lines in its recent high.
The current price of Lucky Block after updating the lows at $0.0000161 level trades at the $0.0000182 supply level above the EMA-50, suggesting an upward momentum in the context of the strength of the market.
Thus, a possible breakout from the $0.0000182 neckline will accelerate the buying momentum and push the prices higher to reach the high supply level of $0.0000225 previous resistance levels.
Meanwhile, the LBLOCKUSD pair has a target price of $0.0001200 supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards.
Hence, the price might reach the above-mentioned supply level in the coming days in its medium-term perspective.
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