Lucky Block Price Prediction – August 14
The LBLOCKUSD pair at the moment is trying hard not to fall by resisting sellers. The crypto remains strong above the $0.0000977 supply mark indicating the weakening of bearish momentum. In case the bulls’ pressure breaks up the resistance level of $0.0004450, the coin price may increase further to a $0.001000 high trend line which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
From the chart above we can be assured that LBLOCKUSD remains bullish in its long-term view. This is clear as we can see the prices trading above the moving average lines indicating an uptrend.
However, the previous action at the $0.0000977 high level in the past few days has sustained the coin price to remain above the trend line in its recent high.
The coin price finds reliable resistance at around $0.0001026 level above the EMA-9 with its wick touching the EMA-50 moving towards the overhead resistance area, resulting in intraday gains. Hence, staying above the resistance trend lines indicates a strong possibility for a bullish correction.
Therefore, if the buying team could add more energy to their buying forces and break above the $0.0004450 previous high level, further selling pressure would be put into hibernation.
Additionally, the Lucky Block pair however shows the continuation of bullish sentiment by pointing upwards on the daily stochastic.
In this case, as the price of LBLOCKUSD remains above the $0.0000977 supply value the downside risk remained uncertain. Thus, the next bulls’ target might be the $0.001000 high level in the days ahead in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the medium-term time frame market shows a bullish race. 
The price of LBLOCKUSD can now be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market.
The bulls’ pressure on the coin to a $0.0000947 resistance value in the past few hours has sustained the crypto price above the supply trend levels in its recent high.
The aggressive move from buyers further pushes the price of Lucky Block up to a $0.0001026 high level above the moving averages as the 4-hourly chart opens today; an indication of more bulls present in the market for buying prospects.
Further to this, if the altcoin witnesses additional supply pressure, the coin price might swing up to a $0.0001500 previous high mark which would trigger the potential rally towards the upper resistance level.
Notably, there is a possibility of a further increase in the price of Lucky Block as it remains strong above the supply trend levels, should the buying team increase their price actions and all the current support level holds, a psychologically key level at the $0.001000 supply level might be reached soon in its medium-term time frame.
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