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Lucky Block Price Prediction: LBLOCKUSD Recovers Modestly, Set for an Increase above the $0.001000 High Level, Watch out for BUY!

Johnathon Fox
08/22/2023 | UPDATED ON: 08/22/2023

Lucky Block Price Prediction – August 22
Lucky Block‘s price is well on its way to the upper resistance area. The crypto recovers modestly and is set for an increase above the $0.01000 high level. If the buy investors could prove stronger up the more and the price shows sustainability above the $0.0002890 supply value, its upside moves should extend further to retest its previous high of $0.0003429 value. Then we can expect a shift in trend to reach a $0.0010000 upper resistance level, resulting in greater profits for the coin buyers.

Levels:
Resistance levels: $0.0001000, $0.0001100, $0.0001200
Support levels: $0.0000800, $0.0000700, $0.0000600
Lucky Block Price Prediction: LBLOCKUSD Recovers Modestly, Set for an Increase above the $0.001000 High Level, Watch out for BUY!
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair is in a bullish market zone in its higher time frame as can be seen from the chart above. The price is currently recovering modestly and trades above the moving averages.

After the completion of the low dips to a $0.0000900 low value during yesterday’s session, actions from buyers moved the coin further up to the $0.0000991 resistance value above the EMA-9 on the daily chart today, as it journeys up north.

More gains are possible if the bulls can put extra effort into the price action. This is a result of more concerns from the buy investors.

Thus, should buyers change their orientation and push higher, the coin price may likely increase further to retest the $0.000349 high mark.

Adding to that, the Lucky Block price is in an uptrend position on the daily signal. This means that the coin price is recovered and modestly set for an increase. In light of this, the price of LBLOCKUSD might possibly increase above the $0.001000 high level in the days ahead in its higher time frame.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the medium-term time frame, prices of Lucky Block are above the moving averages and have confirmed a bullish momentum breaking the previous high.
Lucky Block Price Prediction: LBLOCKUSD Recovers Modestly, Set for an Increase above the $0.001000 High Level, Watch out for BUY!
The pair is in a smooth uptrend as can be seen from the chart above. This looks nice for the buying trader and signifies a buy signal.

The market price of LBLOCKUSD which increases to a $0.0000991 high level above the moving averages suggests an uptrend in the context of the strength of the market.

Closing the 4-hourly session above the $0.001602 previous swing high will put the trade more on the buy side.

Hence, the pair pointing up on the daily stochastic means that the price of Lucky Block is set for an increase and suggests a possible recovery of $0.0010000 high level in the coming days in the medium-term time frame.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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