Lucky Block Price Prediction – August 31
Lucky Block‘s price is slightly in favor of the bulls at the moment. The coin rising pattern pushes prices above the $0.0001070 level and also projects a potential uptrend with the bullish crossover of the 9 and 50-day EMAs. If buyers are successful in the pattern breakout, the upsides might test the next supply level of $0.0003429, accounting for a rise.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000800, $0.0000700, $0.0000600
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
On the higher-term time frame, prices of Lucky Block are above the moving averages and have confirmed a bullish momentum breaking the previous high. The rising pattern has pushed the coin prices above the $0.0001070 level.
Activities from the long traders to a $0.0001062 high mark during yesterday’s session have contributed to its bullish trend in its recent high.
The LBLOCKUSD pair has undergone a notable correction phase and currently trades at a $0.0001073 high value above the supply levels on the daily chart. This looks nice for the buy trader and signifies a buy signal.
However, if the buy traders successfully keep the Lucky Block prices above the $0.0002890 level, a retest of the previous high at $0.0003429 level is possible soon which could raise the prices 40% higher to hit the upper trend line near $0.0003000.
In addition, the coin is likely to continue moving up as shown by the daily signal pointing upwards in the oversold region. This means that the momentum in the price of LBLOCKUSD will likely remain and continue in an upward move. We can now expect the price distribution to reach a $0.002000 high level soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Lucky Block is in a bullish trend market in its medium-term view. The coin’s rising pattern pushed the price above the level of $0.0001066 as evidence of bullishness and an indication of growth in bullish momentum. 
The bullish impact on the crypto to the $0.0001056 supply level during the previous action has sustained its firmness above the supply levels in its recent high.
Buyers caused a rise in the price of LBLOCKUSD to a $0.0001073 high level above the moving averages today; the underlying sentiment suggests an uptrend in the context of the strength of the market.
Thus, the crypto price could go higher than the current price, if the buying traders can put more tension to the activities in the market.
Hence, the supply inflows are suspected to rise in the coming days in the medium-term time frame as shown by the daily stochastic indicating an upward trend. A significant level of $0.002000 might be reached.
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