Lucky Block Price Prediction – September 11
Lucky Block market is set to grow again, the crypto is now making its way towards the overhead resistance trend levels at the moment. The coin price is likely to grow further and is an opportunity for long-term investors. If the current support at $0.0000891 value holds, and the daily chart closes above the $0.0002890 supply level, then there is a high probability of the price going up to its recent swing high, which is $0.0003429 resistance trend line which might possibly extend to the $0.01000 upper resistance level resulting into an intraday gain for the coin buyers.
Levels:
Resistance levels: $0.00001900, $0.0002000, $0.0002100
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Due to the interference of sellers, the momentum on the higher time frame is bearish. The LBLOCKUSD price is trading below the supply trend lines, indicating a bearish trend. 
However, the crypto is set to grow further as we are seeing a bullish correction in place and may likely break up the resistance level soon.
The price drop by the sell traders to a $0.0000891 low level in the last session has made the coin stay below the supply trend levels in its recent high.
The coin price at a $0.0000987 resistance value below the two moving averages is undeniably bullish as the daily session opens today. This is an indication that the bulls are returning gradually for an increase in the coin price and to command Lucky Block’s price actions
Thus, the coin price will grow further if the buy traders can add more pressure to their buying actions in the market. Hence, a strong push above the $0.0003429 previous supply level will offer strong resistance to the crypto price.
Further, the daily stochastic indicates an uptrend, in this case, the price of LBLOCKUSD might continue its bullish trend pattern and the price could grow further to reach the $0.01000 supply mark sooner in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair is positive in its medium-term time frame, trading in a bullish trend. The price opened lower but managed to trade in green over the past few hours. The price currently trades above the EMA-9. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line. 
The bulls’ pressure on the currency pair in the past few hours has made it possible for the price to remain in an upward trend zone in its recent high. An increase to the $0.0000987 supply value above the EMA-9 suggests that buyers are actually active in the market.
The market participants are responding to this pattern, and its breakout should offer a good entry opportunity.
Meanwhile, further upsides are likely as the price signal is pointing upwards, this means that the upward rally will still continue and may likely break the $0.0001602 resistance value and this grow further to the $0.01000 supply value soon in the medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply