Lucky Block Price Prediction- August 19
It is actually time to grow again for Lucky Block as the cryptocurrency maintains a stable upside moves today. The coin has decided to face the positive side and may reach a high level of $0.03 provided the buy traders increase their forces in the market.
Levels:
Resistance levels: $0.002500, $0.002600, $0.002700
Support levels: $0.002030, $0.001030, $0.000030
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Today, LBLOCKUSD is losing bearish momentum as it rises above the $0.002086 resistance level. The bulls caused a further rise to a $0.002098 high level. This, however, gave the buy traders the motive to influence the price tendency.
The currency pair’s orientation trades in a general bullish flow. However, the currency pair can go higher if the buy traders put more aggression in their activities, the coin may likely reach up to a $0.03 upper high level.
In a like manner, the bullish trend will most likely continue as the market is overbought already as indicated by the daily stochastic pointing up in the oversold region of the market.
It is expected of the buy traders to take us higher and reach a significant level of $0.03 resistance value in the nearby days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The pair can be seen progressing forward in its lower time frame also. The bullish impact has made the currency pair remain in an upside move.
The market value of Lucky Block has risen from $0.002057 to a $0.002080 high level as the 1-hourly chart opens today, implying that the buy traders are simply ready to take us higher.
The pair has fallen below the level of 20% of the daily stochastic. It indicates that the pair is now in the oversold region of the market. It implies that the selling pressure is likely to run to an end. We will now be looking into the emergence of buyers in the oversold region of the market to push the price up to a key significant level in the upper resistance area in the coming days. $0.03 resistance level may be the target in its lower time frame.
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