Lucky Block Price Prediction- September 24
The market price of LBLOCKUSD may resume its upside moves soon. Based on the outlook, if the resistance level rises above the $0.005684 value, a continuation of the upside is ensured.
Key Levels:
Resistance levels: $0.005400, $0.005600, $0.005700
Support levels: $0.005084, $0.004884, $0.004784
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
Lucky Block is possibly making its way up after hitting the $0.005200 level to overcome resistance to signal a pump-up. It looks like the price will want to bounce up again in the long term.
The cryptocurrency has completed its correction and is now set for an upswing. The bulls have decided to shift the trend up after a series of lows shortly after today’s 1-hourly chart opens.
The pullback at the $0.0005150 resistance level suggests the returns of the buy traders in the market. Traders are advised to use the opportunity to invest in the coin and make more gains.
Meanwhile, the price of LBLOCKUSD is likely to further appreciate the upside as indicated by the daily stochastic. Thus, this new trend may possibly reach a high at the $0.2000 supply level soon in its higher frame.
LBLOCKUSD Medium-term Trend: Bearish (15-Minute Chart)
The bulls could not relent anyway, so, the price movement after dropping to a $0.0005104 low level shortly after today’s 15-minute session opening, the price of LBLOCKUSD jumped up to a $0.0005134 high level.
However, the bulls are now set to take the pair to a psychologically key level in the upside soon as the day goes by in its lower time frame as indicated by the daily stochastic pointing upwards. $0.2000 supply level might be the target.
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