Lucky Block Price Prediction – August 29
The Lucky Block price facing the high side and the recovery rally aims at the $0.02000 high mark with bulls soaring to a 24-hour high of $0.0003429 value. With bulls setting up supply at an intra-day gain of $0.0001071, the coin price which has shown resilience and potential for further upward rally could hit the $0.002000 upper resistance level and beyond.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
A bullish reign has prevailed in the Lucky Block market, with bulls dominating the daily chart soaring higher in its recovery rally.
Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
Buyers’ sustainability to a $0.0001068 high value during yesterday’s session has kept the crypto price above the resistance trend lines in recent times.
The coin price showed evidence of bullishness and a surge above the moving averages at the $0.0001071 supply level as the daily chart opens today, this is an indication of growth in bullish momentum.
If buyers could trigger a breakout above the $0.0003429 resistance level and close a candle, such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price toward the overhead resistance trend lines.
In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the recovery rally may therefore head towards the $0.002000 high value in no long time on the higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The coin price still trades in a bullish market in its medium-term perspective. The bulls acted bravely during yesterday’s session by pushing the price of LBLOCKUSD up to a $0.00001400 high value which enhanced the crypto price to remain strong above the supply trend levels in its recent high.
Amid the recent growth in the crypto market, the Lucky Block buyers provided a bullish breakout to a $0.0001071 supply value above the two EMAs, paving the way for further recovery in the near future.
If the bullish momentum persists, a breakout above the high accumulation zone of $0.0001602 level with a candle closing will signal a strong buy signal for interested traders.
In a like manner, the price of Lucky Block suggests an uptrend on the daily stochastic, we can now expect the recovery rally by the long investors to aim at the $0.002000 upper resistance level in the day ahead in its medium-term perspective.
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