Lucky Block Price Prediction- July 22
Today, the LBLOCKUSD pair is poised to resume a fresh uptrend after completing the downward trip. There is a higher probability of the coin price breaking up its previous high of $0.0000745 if the buy traders can double their efforts. If this is achieved by the bulls, the next price target might be the $0.0001000 upper high level, signaling the potential for significant gains as it resumes a fresh uptrend.
Levels:
Resistance levels: $0.0000300, $0.0000400, $0.000500
Support levels: $0.0000150, $0.0000130, $0.000010
LBLOCK/USD Long-term Trend: Bearish (Daily Chart)
As shown in the chart, the LBLOCKUSD pair has just resumed its fresh uptrend but has not yet reached its goal. The price is slightly below the resistance line, indicating a bearish momentum.
The bears’ pressure on the coin at the $0.0000190 support value in the past few days has sustained the coin price below the resistance trend levels in its recent price level.
Meanwhile, the trend is about to turn around as the crypto is currently resuming its fresh uptrend to invalidate the bearish moves.
Today, the bulls’ action increases the price of Lucky Block to a $0.0000195 resistance level below the EMA-50, even as the daily session opens today, indicating that the pair has just resumed a fresh uptrend. Hence, buyers may also join the market at the current trend and buy the coin at a lower rate for more gains.
Thus, a fresh uptrend might be triggered, and the coin price may likely increase to break up the $0.0000745 previous high value soon if the current support remains unmoved and the bulls should speed up their activities in the market.
In addition, we will now be looking at the continuity of the fresh uptrend as the price projector points upwards, indicating an uphill momentum.
From the look of things, the LBLOCKUSD will possibly keep growing, and the $0.0001000 supply value might be the target in the days ahead as it resumes a fresh uptrend in its long-term outlook.
LBLOCK/USD Medium-term Trend: Bullish (4H Chart)
In the medium-term chart, LBLOCKUSD price has just resumed its fresh uptrend making higher highs and higher lows above the supply levels, indicating a bullish trend.
The bulls’ pressure on the coin to the $0.0000193 supply value during the past session has sustained the coin price above the resistance trend levels in its recent high.
The Lucky Block price at the $0.0000195 resistance level can be seen above the moving averages; therefore, if the bulls increase their tension in the market, the price tendency will rise above the key levels.
Further, there is likely to be a potential increase in LBLOCKUSD soon as the market remains in an uptrend on the daily stochastic. If that occurs, the first upside target could be $0.0000745 followed by $0.000100 upper high level in the coming days as the crypto resumes its fresh uptrend in its medium-term time frame.
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