Lucky Block Price Prediction – September 25
LBLOCKUSD is about to resume its recovery move. The crypto is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, and the price closes above the $0.0003429 supply trend line; the recovery move could lead the crypto price to a $0.001000 upper high barrier which will trigger the buying opportunity for traders.
Levels:
Resistance levels: $0.0001900, $0.0002000, $0.0002100
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Despite the interference from sellers, the momentum on the higher time frame is bullish. The LBLOCKUSD price is trading above the supply trend lines again; this however confirms the presence of more bulls’ impact on the coin. Hence, buyers might resume the recovery move and this might reach the overhead supply soon.
The bulls’ pressure on the coin to the $0.0001069 resistance value in the past few days has sustained the crypto price above the supply trend levels in its recent high.
The drop in the price of Lucky Block to a $0.0000923 low value below the EMAs as the daily chart commenced today has no serious effect on the market as the price remains in an uptrend.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction.
Thus, an increase in buyers’ action with a strong break up above the $0.003429 resistance point would strengthen the bullish pressure.
Adding to this, the price of LBLOCKUSD is in the oversold region, should the coin price turn up from the $0.0000923 support and jump above the $0.0003429 supply mark, the bearish thesis would get invalidated and the recovery move may further extend the price of Lucky Block to the $0.001000 upper resistance level in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block pair is currently trading in the bullish market zone in its medium-term time frame. The bulls are also trying and will not allow the support level to stay. The crypto has resumed its recovery move to invalidate the bearishness.
Pressure from the bulls at the $0.000992 high value in the previous action has sustained its upward stability in its recent high.
The buy traders made a correction at the $0.000972 supply mark and further rose to a $0.000981 high value above the EMA-9 to resume its next recovery move as the 4-hour chart resumes today. The current price level however shows an intraday gain.
This current trend will enable the price of LBLOCKUSD to remain on the upside and rise or break to the upside. This however creates a strong area of interest for buyers.
Hence, with the price pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price of Lucky Block up and may likely hit the $0.001000 supply level soon in its medium time frame.
You can purchase Lucky Block here. Buy LBLOCK
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