Lucky Block Price Prediction- September 5
LBLOCKUSD is more likely to climb above the $0.002339 resistance value soon to resume its bullish runs if the bulls regroup and push higher. The mentioned resistance level and beyond might be the target.
Levels:
Resistance levels: $0.001500, $0.002500, $0.003500
Support levels: $0.000802, $0.000702, $0.000602
The market value of LBLOCKUSD can be seen in a bearish scenario in its long-term outlook. This is due to the inflows from the sell traders.
The coin plummeted beneath the $0.000902 support level as the 4-hourly chart resumes today. Nevertheless, today’s price drop has still not stalled the bull run as it remains intact. Traders might seize this opportunity to invest in the coin now at a cheaper rate.
Further, the Lucky Block price is about to experience a bullish reversal price action as the market is below the 20% range of the daily stochastic. So the price could be ready very soon for another jump. In this case, a significant level above the $0.002339 supply level might be tested soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (1H Chart)
LBLOCKUSD is bearish in the medium-term perspective. The price bars are below the moving averages, this means that the pair is in a bearish market zone.
The price hovers at around the $0.000775 support level as the 1-hourly chart opens today. There is likely a price reversal soon if the bulls should change their orientation and push the price higher.
In addition, the price of Lucky Block is pointing up in the oversold region of the stochastic, this suggests that the selling pressure has ended and the cryptocurrency is about to resume an upside move soon. It is therefore expected of the buyers to push the price up to a $0.002500 high level and beyond as we cross our fingers and watch out for BUY soon in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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