Lucky Block Price Prediction – September 23
The Lucky Block price still trades in an uptrend and remains the same. The coin price which is close to the $0.0002000 supply level has already increased significantly in the previous actions; obviously, the bears are clearly losing control. The crypto may likely hit the previous high at the $0.0004450 resistance level provided the current support level at $0.0000900 holds.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Despite the interference from the sellers, the LBLOCKUSD price still trades in an uptrend. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The sustained bullish pressure pushed the currency pair up to the $0.0000915 supply level during yesterday’s session and sustained it till its recent high.
The bulls however made an increase to a $0.0000993 high value above the EMA-9. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels. This indicates the high potential of the buying team.
A bullish breakout from the current resistance will trigger the reversal pattern and drive the prices of Lucky Block higher to hit the $0.0004450 supply value.
Adding to this, the daily stochastic is in an uptrend; therefore, the coin price could reclaim the $0.001000 psychological resistance to obtain a better possibility for price recovery in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the 4-hour chart, prices still trade in an uptrend above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
LBLOCKUSD is losing bearish momentum as it rises to a $0.000993 high level above the moving averages as the 4-hour chart begins today. This is due to a high bullish impact on the market price.
Hence, with the look of things, if the Lucky Block’s’ price sustains above the current resistance level, the resulting rally may surpass the $0.0001250 price level and hit the $0.001000 psychological level at the upside in the days ahead in the medium-term time frame.
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