Lucky Block Price Prediction – August 31
The LBLOCKUSD price has regained momentum as the coin price remains open for bullish growth, following the recent spike in the crypto market. The crypto will go up and move higher above the current resistance level if buyers should triple their efforts to forecast a bullish growth in the market above the $0.0000450 resistance level, the $0.000800 upper high level may be retested, suggesting a positive sign of growing interest on the crypto.
Levels:
Resistance levels: $0.0000180, $0.0000185, $0.0000190
Support levels: $0.0000140, $0.0000135, $0.0000130
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The daily chart shows that the LBLOCKUSD pair remains open for bullish growth as the coin gains significant attention from investors, leading to a potential bullish momentum. The price seems to have slightly pulled back, but the trend is still bullish.
Buyers’ push to the $0.0000180 resistance level during the last session has sustained Lucky Block’s price to remain open for bullish growth above the supply level in its recent high.
Today, the LBLOCKUSD price is making higher highs and remains open for bullish growth as it swings to a $0.0000190 barrier above the EMA-50 as the daily chart commences, resulting in an intraday gain for buyers.
However, presently, the coin trades at the $0.0000188 resistance value above the EMA-50, implying a gradual weakness in the strength of the sell traders while buyers are becoming more active.
As a result of price rejection at this level, there was an immediate reversal leading to the retest of the $0.0000450 previous barrier, indicating more strength from the buy traders, as the Lucky Block pair remains open for bullish growth.
Hence, new entries towards the higher side are likely, as indicated by the momentum indicator signaling an uptrend. The bulls could aim at the psychological $0.000800 level in the upper resistance area in the days ahead as the token remains open for bullish growth in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair remains open for bullish growth as the bulls continue with the correction phase above the supply trend line on the medium-term outlook.
The price of LBLOCKUSD can now be seen progressing upward above the moving averages, showing that buyers are currently gaining more strength in the market.
In the previous session, the price closed at the $0.0000181 supply level below the EMA line. Still, additional buying pressure pushed the Lucky Block price above the critical level at $0.0000188 resistance value above the moving averages shortly after the 4-hourly chart opens today, as the crypto remains open for bullish growth.
However, there is a possibility of more upsides as shown by the daily stochastic pointing up; it is expected of the long traders to continue with the bullish race to a significant level and break above the $0.0000225 to reach $0.0000800 upper resistance level in the medium-term time frame as the LBLOCKUSD market remains opens for bullish growth.
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