Lucky Block Price Prediction – July 25
LBLOCKUSD price is about to swing up, and a breakout is imminent as it resumes its bullish race. The coin is trying hard not to fall heavily to the downside. Therefore, if the coin investors could trigger their buying interests in the market, and the price closes above the $0.0000745 supply trend line, the crypto price may surge higher to reach the $0.001200 upper resistance level, triggering the buying opportunity for traders.
Levels:
Resistance levels: $0.0000300, $0.0000400, $0.0000500
Support levels: $0.0000150, $0.0000140, $0.0000130
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block pair may swing up and a breakout is imminent on the daily chart, as we can see a new correction move. The bulls are also trying and will not allow the support level to stay. The price is moving up to the resistance area to validate the bearishness.
The bears’ pressure at the $0.0000190 support value during yesterday’s session has contributed to its bearishness in recent times.
As the daily chart begins today, the bulls swing up the LBLOCKUSD price to a $0.0000191 supply mark below the EMA-50, to resume its next bull trend, indicating an intraday gain.
Meanwhile, with aggressive buying and positive sentiment, the Lucky Block price could swing up and break out at the $0.0000745 previous barrier, indicating a high commitment among the coin investors. This could create a strong area of interest for the buyers.
Hence, with the price pointing upwards on the daily stochastic, it means that further upside is certain. It is expected that the buy investors will swing up the crypto price and a breakout is imminent as the coin price rallies to the $0.0001200 upper resistance level in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD price swings up above the moving average line following the brief returns of the buy traders on the medium-term perspective. The coin is trading above the EMA-50, indicating a bullish trend.
However, the market is presently facing overhead resistance at the recent high due to the returns of the bulls into the market.
The price action which swings up from the $0.0000190 level to the $0.0000191 resistance level above the moving averages as a retracement move, affirms the presence and the impact of the bulls in the market. Thus, closing the 4-hourly session above the $0.0000237 high point will attract more buy investors to trade the asset.
Hence, the pair pointing up on the daily stochastic, means that the buying pressure may continue, and suggests a possible breakout and recovery of $0.0001200 supply level in the coming days in the medium-term outlook.
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