Lucky Block Price Prediction- October 7
In the past 24 hours, LBLOCKUSD bulls have been in control as the pair remains firm above the supply levels, driving the coin price from an intraday low of $0.0000214 to a 24-hour high of $0.0000254. The crypto is trending towards the upper channel, a bullish breakout past the $0.0000450 previous high level, and may set eyes on the next resistance level at $0.0001200 before attempting another rally.
Levels:
Resistance levels: $0.0000230, $0.0000240, $0.0000250
Support levels: $0.0000180, $0.0000170, $0.0000160
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD pair has witnessed a significant increase in the last 24 hours and remains firm above the supply levels in its long-term outlook. The price bar is above the moving averages, confirming its bullish momentum. The coin price has walked a lateral path, trying to sustain above the $0.0000250 supply level.
The sustained bullish pressure on the crypto to a $0.0000298 high mark in the past few days has made it possible for the coin to remain firm above the supply levels in its recent high.
At the press time, after completing yesterday’s lows at $0.0000214, the Lucky Block price pulled back and remains firm above the supply levels at the $0.0000254 high level as the daily chart opens today, indicating growing confidence among investors, as the journey up north continues.
However, with high buying pressure and positive market sentiment, the LBLOCKUSD pair has the potential to surpass the $0.0000450 barrier and target the upper resistance level as it remains firm above the supply levels and continues growing.
Meanwhile, the Luck Block market may remain above the supply as indicated by the momentum indicator pointing in an upward direction. The bulls could 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)
The market price of LBLOCKUSD remains firm above the supply levels 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 in its medium-term outlook.
The bullish impact on the crypto to the $0.0000219 supply level in the previous action has enabled the Lucky Block market to remain firm above the supply levels in its recent high.
Today, the bulls increased the Lucky Block price to a $0.0000249 high value above the moving average lines as the 4-hour chart opens, revealing a buy signal as the price remains above the supply levels.
The LBLOCKUSD price looks promising as the bulls remain dominant in the market. If the bulls should increase their price action and bullish momentum is sustained above the $0.0000298 resistance trend lines, further bearish sentiment will be held.
Additionally, the daily stochastic remains upward, indicating the Lucky Block could remain firm above the supply levels in the next few days. Hence, the next price target by the bulls might be as high as the $0.0001200 upper resistance level in the days ahead, as the crypto remains firm above the supply level in its medium-term forecast.
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