Lucky Block Price Prediction – July 11
Amidst the current fluctuation in the market, the LBLOCKUSD price targets the $0.0001200 supply level as it makes its way to the overhead resistance level. The coin is presently going up and could still go further if the current support at $0.0000147 holds. The crypto’s price may continue its upside moves to retest the $0.0000745 previous high level which could further target the $0.0001200 supply amidst the market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000150, $0.0000100, $0.0000050
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD‘s price targets the $0.0001200 supply level as it faces the crucial level at the upside in its long-term outlook. The price is currently trading below the moving averages, suggesting its bearishness. 
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
Amidst the current fluctuations in the crypto market, the Lucky Block buyers made an increase to the $0.0000181 supply mark and further rose to a $0.0000183 high value to resume its next uptrend move as the daily chart resumes today. The current price level however shows an intraday gain as it targets the $0.0001200 upper channel.
As a result, a likely breach from the $0.0000183 neckline will intensify buying momentum and propel prices higher, potentially reaching the previous resistance levels at 0.0000745, bolstering more buying pressure on the LBLOCKUSD to target the key levels at the upper channel.
Further, the market is now pointing up on the daily stochastic, and the emergence of more bullish pressure is crucial at this moment. Hence, the bulls are expected to turn around the price of LBLOCKSD, and the target might be the $0.0001200 supply value amidst a market surge in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD price retracement targets the upper channel as it continues its up-north journey on the medium-term outlook. The price currently trades above the EMA-50, registering its bullish momentum.
The pair reached the $0.0000169 resistance level during the previous action and has sustained the coin price above the supply trend lines in its recent high to target the upper resistance level.
At the time of writing today, the current price of Lucky Block trades at the $0.0000183 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 $0.0000183 neckline will accelerate the buying momentum push the prices higher to targets, and hit the 0.0000261 previous resistance levels, bolstering the asset for a higher recovery.
Meanwhile, the 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 mentioned target might be reached in the coming days in its medium-term perspective.
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