Lucky Block Price Prediction – September 28
Lucky Block‘s price is getting set to resume an uptrend soon. The price is likely going to retrace from the current support at the $0.0000910 level. Should the current support level hold, and the bulls’ pressure persists, the price will definitely increase and possibly reach a high of $0.001000 upper high value as it resumes an uptrend soon.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is in a bearish market zone in its long-term perspective. As an outcome of low bullish momentum, sellers are hindering the market from smashing through the resistance zones. However, this is likely running to an end at the moment as the bulls are taking their place right away to resume an uptrend move.
The bears’ activity to the $0.0000916 support level during yesterday’s session has made the coin price remain below the supply trend line in its recent low.
The price of Lucky Block at the $0.0000910 low value below the EMAs as the daily chart opens today is as a result of low bullish momentum. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Meanwhile, there is a possibility for a price reversal at the mentioned support to resume an uptrend as the market now trades below level 5% of the oversold region of the daily stochastic. This means that the selling momentum may end soon.
Thus, the bulls’ emergence to resume the uptrend is crucial at this time. Hence, the upcoming bullish rally may likely break the $0.0002890 high mark which might possibly hit the $0.001000 supply value in the coming days in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The market value of LBLOCKUSD can be seen in a bearish scenario in its medium-term outlook. This is due to the high inflows of the sell traders. This is about fading off as buyers are now gathering momentum to resume an uptrend soon.
The price drop to a $0.0000916 low value by the short traders in the past session has made the coin price stay below the resistance levels in its recent low.
The coin plummeted beneath the supply level at $0.000910 as the 4-hour chart resumes today as an outcome of low bullish threats. Nevertheless, today’s price drop has still not stalled the market, traders might seize this opportunity to invest in the coin now at a lower rate to achieve more future gains.
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 to resume an uptrend. In this case, a significant level above the $0.0001297 supply level might be tested which might lead the crypto price to hit the $0.001000 upper resistance levels in the days ahead in its medium-term forecast.
You can purchase Lucky Block here. Buy LBLOCK
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