Lucky Block Price Prediction – September 20
The LBLOCKUSD price is currently recovering and also remains firm above the supply levels. The crypto is showing positive signs above the $0.0000180 supply value. Based on the outlook, should the daily candlestick close above the $0.0000489 supply mark, a corrective upward move might follow, extending the correction phase to meet the resistance at the $0.0001200 trend line, backed by increasing trading volume and investors’ interest.
Levels:
Resistance levels: $0.0000230, $0.0000240, $0.0000250
Support levels: $0.0000170, $0.0000160, $0.0000150
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair is still in an uptrend and remains firm above the supply levels in its long-term outlook despite the inflows from the sell traders.
The price bars can be seen slightly above the moving averages, indicating an uptrend. The coin price has walked a lateral path, trying to sustain above the $0.0000180 supply level.
The sustained bullish pressure at the $0.0000180 supply level in the past few days has enhanced the Lucky Block price to remain firm above the supply levels in its recent high.
Despite the bears’ interaction, the bulls successfully pushed the coin price up to the $0.0000189 high mark above the supply levels. The journey up north continues shortly after the daily chart opens today.
This indicates that the bulls remain dominant and have the market price at their disposal. Further increase in the buying pressure will lead the price of Lucky Block to the $0.0000489 high mark.
Hence, a bullish impact by the buy investors toward the higher side is likely as indicated by the momentum indicator pointing in an upward direction, the bulls could therefore aim at the psychological $0.0001200 resistance value in the days ahead as the crypto remains firm above the supply levels in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Amidst the recent surge in the market, the LBLOCKUSD pair remains firm above the supply levels in its medium-term outlook.
The crypto is trading in a bullish momentum as the coin price is above the supply levels facing overhead resistance, due to the high inflows from the buy traders.. So it seems likely that the bulls are about to take over and push us higher.
During the previous action, the bullish impact on the crypto to the $0.0000180 supply level has sustained its firmness above the supply levels.
Today, the bulls made an upward move to the $0.0000188 high value above the moving average lines as the 4-hourly chart opens.
The Lucky Block price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be held.
Additionally, the daily stochastic remains in an upward direction. Hence, if the coin buyers manage to break above the $0.0000260 previous supply trend line, the market participants may witness a new recovery rally, leading to the $0.0001200 high mark in the days ahead in its medium time frame.
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