Lucky Block Price Prediction- September 10
LBLOCKUSD might finish the downward correction and start reversing soon. This will be achieved provided the buy traders push higher and the price closes above the $0.002399 supply level, the target might be $0.003000 high value.
Key Levels:
Resistance levels: $0.002300, $0.002400, $0.002500
Support levels: $0.000475, $0.000375, $0.000275
LBLOCKUSD Long-term Trend: Bearish (4H Chart)
LBLOCKUSD is in a bearish market zone in its long-term outlook. This is due to the inflow from the sell traders. The pair made it to the $0.000804 resistance level during yesterday’s session and sustained it.
The bulls made it up to a $0.000737 high level after which the sell traders intervened and dropped the price to a low at $0.000554 level as the 4-hourly session opens today.
Therefore, the buyers need to add more strength to their activities in the market to rally up to a significant level.
With this trend, buy traders are advised to use this opportunity and invest in the coin now at a lower price to achieve more gains ahead.
Next, there is a possibility that the price of Lucky Block increases as indicated by the daily stochastic, this means that the pair may likely jump to a resistance zone soon and the $0.03000 supply level might be the target in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (1H Chart)
The currency pair is in a bearish trend in its medium-term perspective. The outcome of a high bearish impact in the market drops the price of Lucky Block to a low of $0.000554 level.
The buyers are not relenting, the correction to the upside at the $0.000603 resistance level is an indication that the bulls are now set to dominate the market.
If the price sustains above the $0.000850 resistance level, we can expect a good upside move up to its previous swing high of $0.002399.
In addition, more upsides are certain as the market is pointing up approaching the overbought region, this implies that the LBLOCKUSD price will soon turn bullish and the target may be a $0.003000 high level in the coming days in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
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