Lucky Block Price Prediction- September 9
At the moment Lucky block price is in a correction phase after some dumps. The coin is likely to swing up and encounter a shift in the trend if the bulls should exert more tension in the market. The crypto may increase to $0.004000 and beyond.
Key Levels:
Resistance levels: $0.002500, $0.003000, $0.003500
Support levels: $0.000799, $0.000699, $0.000599
LBLOCKUSD Long-term Trend: Bearish (4H Chart)
LBLOCKUSD is at the moment trading in a bearish trend zone. The sell traders are involved in the market activities.
The crypto made a move to a $0.002689 high level above the two EMAs after which the sellers interfered and smashed the price down to a $0.000781 low level.
The current pullback at a $0.000788 high level means that the buy traders are now coming to stage a play. If the more intense effort is being put in by the buy traders
the price will rise above the key resistance areas.
More so, the LBLOCKUSD market has fallen below the 20% range of the daily stochastic, it implies that the pair will further rise and might possibly rebound the $0.004395 supply level and beyond in the days ahead in its long-term view.
LBLOCKUSD Medium-term Trend: Bearish (1H Chart)
On the lower time frame, the LBLOCKUSD is in a bearish market at the moment.
The price bar can be seen below the moving averages.
The bulls increase the price to the $0.000850 resistance value to resume their uptrend, the momentum was lost while the bears shut the road and dumped the price to a low at the $0.000785 level. The price is currently trading at a $0.000787 supply level this affirms the returns of the bulls to the market. Should buyers increase their tension in the market, the price may rise up to a $0.004299 high level.
Next, the price of Lucky Block is oversold already, therefore we expect the buyers to emerge and continue the trend up, and in this new trend, a $0.004395 might be reached soon in its lower time frame.
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