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Lucky Block Price Prediction: LBLOCKUSD Signals for an Upcoming Surge, Watch out for Buy!

Johnathon Fox
07/11/2023 | UPDATED ON: 07/11/2023

Lucky Block Price Prediction – July 11
It is actually time for the LBLOCKUSD to grow again as the coin now faces the upside and signals for an upcoming surge. The coin market has just completed the dip-lows and from the look of it, it will keep growing. The bull race may likely continue all the way into the key psychological level of $0.01000 supply value and beyond before we see any signs of buyers slowing down if the buy traders should put more aggression into the market.

Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0001000, $0.0000900, $0.0000800
Lucky Block Price Prediction: LBLOCKUSD Signals for an Upcoming Surge, Watch out for Buy!
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The currency pair’s orientation trades in a bullish market in its long-term outlook. The price bar is seen slightly above the EMA-9 and below the EMA-50 which confirms its bullish growth and signals for an upcoming surge.

The bulls’ pressure on the currency pair in the past few hours has made it possible for the price to remain in an upward trend zone in its recent high.

The Lucky Block daily technical chart shows growth in underlying bullish momentum as the coin prices rise to the $0.0001478 supply value above the EMA-9 shortly after the commencement of the daily session opens today. This shows that the bulls are actually buying at this level.

Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong break up above the $0.0003429 previous high would strengthen the bullish pressure.

However, the price of LBLOCKUSD may possibly rise further if the current support level at $0.0000920 holds. The price action may head to the $0.01000 supply level and beyond in its long-term perspective.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Despite the interference from the sell traders on the medium-term outlook, the currency pair is in an upward move. The coin price can be seen progressing upward above the two moving averages indicating an uptrend.
Lucky Block Price Prediction: LBLOCKUSD Signals for an Upcoming Surge, Watch out for Buy!
The price of LBLOCKUSD was able to reach the $0.0001279 high value in the previous action which really made the coin remain in an upward trend in its recent trading times.

Today’s 4-hourly bullish candle at $0.0001478 above the moving averages confirms the bulls’ dominance in the market. A possible breakout from the patterns resistance trend line will provide a long entry opportunity for traders.

Therefore, if the bulls increase their tension in the market, the price tendency will surge higher to retest the $0.0002000 resistance mark which will release the trapped momentum and signal the buying time for the coin traders.

Furthermore, the daily stochastic indicates that the LBLOCKUSD market is oversold. This suggests that the price of Lucky Block may likely continue its rising pattern which may eventually lead the crypto price to hit the $0.01000 high mark in the coming days in its medium-term perspective.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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