Lucky Block Price Prediction – August 7
LBLOCKUSD is more likely to revisit the $0.0004450 peak level soon to resume its bullish runs. If the buying traders regroup and push higher, the aforementioned resistance level and beyond might be the target.
Levels:
Resistance levels: $0.0001900, $0.0002000, $0.0002100
Support levels: $0.0001000, $0.0000900, $0.0000800
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The market value of LBLOCKUSD can be seen in a bearish scenario in its long-term outlook. Prices are trading below the moving averages; this is due to the high inflows from the sell traders.
An activity of short-term investors at a $0.0001010 low value during yesterday’s session has made the crypto price stay below the trend levels in recent times.
Lucky Block rebounded beneath the support level at $0.0001034 high level as the daily chart resumes today. A possible breakout from the mentioned supply level above the resistance trend level at $0.0002973 will provide a higher float for buyers and prolong the ongoing recovery.
Nevertheless, today’s price trend will encounter an increased momentum in price recovery, thus traders might seize this opportunity to invest in the coin now at a cheaper rate.
Similarly, it is very likely for the coin price to continue its upside rally as the market is now facing the North Pole on the daily stochastic. So, the new bullish correction rally may revisit a $0.0004450 previous resistance value soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block market is having a bullish posture in its medium-term outlook. Meanwhile, it also shows the impeding next big move in the price. The recent market structure has favored the bulls. 
A recovery rally to the $0.0001010 price level in the past few hours has sustained LBLOCKUSD above supply levels in its recent high.
After resisting the selling traders, an aggressive move by the long traders pushed the coin price up to a $ 0.0001034 high value above the moving average lines as the 4-hourly chart opens today.
With sustained buying, the price of Lucky Block might possibly rise further to revisit the peak level of $0.0001470 which could in turn expose the crypto price to a $0.0004450 supply mark soon and set the potential recovery pattern for further growth in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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