Lucky Block Price Prediction – August 27
Investors’ optimism is growing as the LBLOCKUSD pair sticks to its bullish path and continues its growth. The coin market has been in a bullish rally in the previous action, and from the look of it, it will keep growing. The bull race may likely continue into the psychological level of $0.0000885 supply value and beyond before we see any signs of drops from the bears if the buy traders should put more aggression into the market. Hence, a $0.0001200 upper high level might be the target, propelling the crypto price to a new height.
Levels:
Resistance levels: $0.0000400, $0.0000450, $0.0000500
Support levels: $0.0000180, $0.0000170, $0.0000160
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block price is losing bearish momentum as it sticks to its bullish path and moves above the resistance level in the long-term perspective.
The bull’s pressure on the crypto at the $0.0000187 supply value in the past action has enabled the Lucky Block pair to stick to its bullish path in its recent high.
At press time today, the bulls caused a rise in the price of LBLOCKUSD to the $0.0000194 high level above the moving average line as the daily session opened and it stuck to its bullish path, impacting the Lucky Block price.
Hence, investors’ optimism is growing; if bulls should increase their price action, and stick to its bullish path, the cryptocurrency will further increase to retest the $0.0000885 barrier level, offering a good entry point for coin buyers.
Next, the Lucky Block pair can continue growing and stick to its bullish path if the bulls add more aggression to their potential buying. In light of this, the coin price might grow higher to reach the $0.00012 00 supply value in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Despite the interference from the sell traders, the LBLOCKUSD pair sticks to its bullish path and remains stable on the medium-term outlook.
The price of LBLOCKUSD reached the $0.0000192 high value in the previous action which made the coin stick to its bullish path and remain in an upward trend in its recent high.
Today’s 4-hourly bullish candle at the $0.0000194 high mark above the moving averages confirms the bulls’ dominance in the market. This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level, as the Lucky Block pair sticks to its bullish path propelling the coin to a full-blown bull run.
Meanwhile, further upsides are certain as indicated by the price indicator pointing upwards, suggesting a further rise in the market value of Lucky Block. In this case, the bullish correction pattern might extend the coin price to the $0.0001200 upper resistance value in the coming days as it sticks to its bullish path in the medium-term outlook.
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