Lucky Block Price Prediction – June 23
Lucky Block‘s price is set to explode to the $0.02000 supply value as it’s now facing an increase in buying pressure at the moment. The crypto will most likely continue its bullish correction and the price could go higher and hit the $0.0003429 resistance level, if the price is able to break up the mentioned supply, then we can expect a good upside momentum up to the $0.02000 upper resistance level which would be a buying opportunity for the interested traders.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the EMA-9. However, the market is presently facing resistance at the recent high.
The bulls’ pressure on the coin in the past few days at the $0.0000983 high value has made it capable for the price to remain in an uptrend in its recent high.
The bulls’ action increases the coin price up to the $0.0001024 resistance level above the EMA-9 even as the daily session opens today.
With sustained buying the price could revisit the $0.0003429 supply trend line. This retest would likely recuperate the bullish momentum and trigger a bullish trend pattern.
Further, the price might continue its upward move as shown by the price indicator which is in an upward direction. If the price of Lucky Block is able to break above the $0.0003429 supply value, then we can expect the post-recovery rally to hit the $0.02000 upper resistance level in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD remains bullish on the medium-term time frames. This is clear as we can see the prices trading strongly above the supply trend levels indicating a strong bullish trend. However, the recent market has favored the bulls.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in recent times.
A rise to a $0.0001024 high level by the bulls shortly after the 4-hourly chart opens today affirms the returns of the long traders into the market to dominate the price distribution.
Thus, the price of Lucky Block is set to advance further if the bulls can redouble their efforts and push above the current supply level.
In addition, the market value of LBLOCKUSD is in an upward direction on the daily stochastic, more buyers’ participation is a prerequisite at the moment. We expect the price to test the $0.0002300 previous high which could further reach the $0.02000 upper resistance value amid sustained buying pressure in the coming days in its medium time frame.
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