Lucky Block Price Prediction- August 30
Amidst the current uncertainty in the crypto market, LBLOCKUSD is on the positive side today and remains strong above the crucial level. The coin continues to maintain an overall bullish outlook. If the coin price could sustain above the pattern supply trend line at the $0.0000450, the coin price may trigger up to the overhead resistance mark at the $0.000800 level, thus a clear buy signal.
Levels:
Resistance levels: $0.0000190, $0.0000191, $0.0000192
Support levels: $0.0000180, $0.0000170, $0.0000160
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Despite the market fluctuations, the LBLOCKUSD remains strong above the crucial level on the higher time frames. This is clear as the prices trading above the moving average lines, indicating an uptrend.
The sustained bullish pressure at the $0.0000187 high value in the previous action has made it easier for the crypto to remain stronger above the crucial level in its recent high.
The Lucky Block price finds a reliable resistance at around the $0.0000191 level above the EMA-50 as the daily chart resumes today, resulting in intraday gains. Hence, staying above the resistance trend lines indicates a strong possibility for a bullish correction, as the crypto remains strong above the crucial level
Further, the LBLOCKUSD pair indicates an uptrend on the daily signal, suggesting that the crypto may remain strong above the crucial level and continue in the same direction as the downside risk remains uncertain. Thus, the bulls’ target might be the $0.000800 high level in the days ahead as the coin remains strong above the crucial level in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the LBLOCKUSD pair remains strong above the crucial level, showing a bullish race.
The coin price can be seen progressing upward above the moving averages, suggesting that buyers are currently gaining more strength in the market.
The bulls have the market at their disposal at the moment. However, a high retest to the breached $0.0000190 supply value suggests strength in bullish momentum.
At the press time, the Lucky Block market remains strong above the crucial level as the bulls made an aggressive move to the $0.0000191 resistance level above the EMA line shortly after the 4-hourly chart opens today, implying that the market participants are gaining their confidence in the recovery sentiment, making it easier for the coin to rise further.
With the daily stochastic indicating an upward trend, if the bulls should add more aggression to their activities in the market, the $0.000800 upper resistance level might be reached soon as the coin remains strong above the crucial level in its medium-term perspective.
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