Lucky Block Price Prediction – September 19
Lucky Block is on the positive side today resuming a fresh uptrend. Cryptocurrency is trying hard not to fall heavily to the downside. Therefore, if buyers could trigger their forces in the market and sustain the crypto price above the pattern supply trend lines at the $0.0003429, the price may trigger up to the overhead resistance mark at the $0.001000 level, thus a clear buy signal.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
As shown in the chart above, Lucky Block‘s price is in a downtrend. The price bar can be seen slightly below the supply level which indicates a bearish trend zone. Further, the coin has just resumed its fresh uptrend as we are seeing a new correction in place.
The price drop to a $0.0000901 low mark during yesterday’s session has made the coin price stay below the resistance levels in recent times.
The Lucky Block price earlier today gave a bullish impulse move from $0.0000927 to $0.0001024 high value below the two EMAs; this is an indication that the bulls are returning gradually for an increase in the coin price and to command the Lucky Block’s price actions.
This will give room for the buy investors to influence the price tendency. Thus, a break above the $0.0003429 resistance mark would intensify the buying pressure on the crypto.
Further, there is likely to be a potential increase in LBLOCKUSD soon as indicated by the daily stochastic pointing upwards.
Hence, the first upside target could be $0.0010000 followed by $0.002000 supply levels in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the lower time frame, the Lucky Block price can be seen above the EMA-9, resuming its fresh uptrend. The high order flow of the bulls to a $0.0000929 high level in the previous action also added to this bullishness. However, the bulls are now set to increase the trend and may likely break up the pattern’s supply trend lines soon.
At the time of writing, the LBLOCKUSD pair has undergone a notable correction phase and increased to the $0.0000956 supply value above the EMA-9 on the 4-hour chart. This shows the level and the high impact of the buy investors on the crypto market.
Thus, an additional effort by the bulls and a break above the $0.0001602 resistance mark would intensify the buying pressure on the crypto.
Additionally, the current correction phase may likely continue as the momentum indicator now points in an upward direction: we can now expect the Lucky Block buyers to continue with the fresh uptrend and the $0.001000 upper high mark might be the target as the day goes by in its medium-term perspective.
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