Lucky Block Price Prediction – October 22
Today, LBLOCKUSD market value showcased a slight uptick to surpass the $0.0000800 supply as it headed to a $0.0000450 breakout. The crypto displays potential for a higher rally amid an increasing market surge. The coin will still go further if the current support at $0.0000201 holds. The coin price may continue its upside moves to surpass the $0.000450 previous high level and further target the $0.0000800 supply amidst the market surge, provided buyers increase their actions in the market, offering dynamic resistance to the asset.
Key Levels:
Resistance levels: $0.0000215, $0.0000216, $0.0000217
Support levels: $0.0000155, $0.0000154, $0.0000153
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD highlighted a bullish outlook to surpass the $0.0000450 supply levels amidst a market surge in its long-term outlook. The price responded to the shift in the market structure and is currently trading above the moving averages, suggesting a bullish trend.
The bulls’ pressure to a $0.0000222 supply mark in the last few days has made it easier for the coin price to surpass the crucial level and remain in an upward trend in its recent high.
After completing the $0.0000201 drop-off yesterday, the Lucky Block pair displays potential for a higher rally as it rises to a $0.0000217 high level above the EMA-50 as the daily session resumes today, accounting for a growth of 2.3%.
As anticipation builds for an upsurge, the crypto price may surpass the $0.0000450 previous barrier and drive towards the upper resistance level, bolstering more buying pressure on the crypto.
Further, the market is now pointing up on the daily stochastic, suggesting the LBLOCKUSD price may surpass the $0.0000450 resistance among market surge to reach the $0.0000800 upper resistance level in the coming days as the coin price surpasses the crucial level amidst a market surge in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Analyzing the chart below, the LBLOCKUSD price is poised to surpass the $0.0000450 supply level as it begins its bullish trend. The price currently trades below the EMA-50, indicating a bearish trend.
The sustained bearish pressure to a $0.0000211 support level in the previous action has dropped the coin price below the supply levels in its recent correction level.
Currently, the Lucky Block trades at the $0.0000217 supply level below the EMA-50, as the 4-hourly session begins, suggesting a possible breakout to surpass the $0.0000330 resistance level, offering a good entry point for coin buyers.
Meanwhile, the LBLOCKUSD pair may surpass the $0.000800 supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing up. Hence, the mentioned target might be reached in the coming days from a medium-term perspective.
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