Lucky Block Price Prediction – September 7
The market value of LBLOCKUSD is presently going up and will grow further. The coin will still go further if the current support at $0.0000180 holds. The crypto’s price may continue its positive momentum to retest the $0.0000450 previous high level which could further target the $0.000800 supply amidst the market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000185, $0.0000190, $0.0000195
Support levels: $0.0000170, $0.0000160, $0.0000150
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD price will grow further as the coin buyers have been in control in the past 24 hours, driving the crypto price to an intraday high of $0.0000175 in its long-term outlook.
The price responded to the shift in the market structure and is currently trading above the moving averages, indicating a bullish momentum.
The cryptocurrency price has been above the supply trend levels since its most recent high due to the persistent bullish pressure over the last few days and will still grow further.
With the positive sentiment, the Lucky Block price rallied up to the $0.0000175 resistance value above the moving averages as the daily chart opens today to grow further, resulting in an intraday gain for the coin buyers.
Thus, with high buying pressure and positive market sentiment, the LBLOCKUSD will grow further and a possible breakout from the $0.0000175 neckline will accelerate the buying momentum and push the prices higher to hit the 0.0000450 previous resistance levels, bolstering more buying pressure on the crypto to the upper resistance levels.
Further, the market is now pointing up below the 20% range of the daily stochastic, suggesting the crypto market is oversold and the emergence of bullish pressure is crucial.
Hence, the bulls are expected to turn around the price of LBLOCKSD and the target might be the $0.0000800 supply value amidst a market surge in the days ahead as the token suggests growing further in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Analyzing the chart below, we can see that LBLOCKUSD’s price will grow further as the new correction phase has just started but is yet to reach its goals.
The coin price is currently trading at the resistance close to the EMA-50. So, the price will grow further as the bulls are about to take control and push us higher.
The order flow by the short-term traders at the $0.0000180 low value in the last few days has made the coin price reduce a bit in price in its recent price level.
Today, the Lucky Block market is recovering from the recent correction as fresh buying emerges near the supply level at the $0.0000175 high mark following the upward race, as the 4-hourly chart opens.
Further, buyers must add more pressure to their activities to move the market beyond the current price level. With sustained buying, the price of Lucky Block may challenge the $0.0000225 supply strength and set the potential to grow further.
Meanwhile, the LBLOCKUSD pair will grow further as it has a target price of $0.0000800 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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