Lucky Block Price Prediction – August 23
LBLOCKUSD‘s price turnaround near the $0.0001006 level is a result of a high bullish impact in the crypto market as it prepares its way to the overhead resistance level. The coin for today remains moderately bullish. The price can turn upside further if all the support levels hold in place and the buying traders should increase their activities, the price action might penetrate the $0.0002999 to retest the $0.0004450 supply level and beyond.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD remains moderately bullish in its higher time frame. The price traded in the green zone for the past few days. However, still, there are many hiccups for buyers to overcome. The coin is recovering from the recent correction as fresh buying emerges near the lower level following the downward race.
Pressure from the bulls at the $0.0000975 high value in the previous action has sustained its upward stability in its recent high.
The Lucky Block price earlier today, swing up to a $0.0000980 high level above the EMA-9, which gave the coin the tendency to rise further.
The currency pair may likely extend up to the $0.00044500 previous high value provided the buy traders add more strength to their buying pressure.
Notably, the current price of Lucky Block which is near the level of $0.0001006 will continue to push higher as indicated by the momentum indicator pointing upwards; this suggests that the price of Lucky Block might possibly continue in the bullish trend, and this case, the trend might reach the $0.0004450 resistance level soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Here, in the medium time frame, the pair is losing a bearish momentum, as can be seen from the chart below that the price is trading in an ascending channel. 
As an outcome of the increased bullish impact, the buy traders made a rise to a $0.0000980 high level slightly above the two moving averages as the 4-hour session resumed today.
Should the long traders push stronger and the price of LBLOCKUSD is able to break above the $0.0001500 price level then we can expect a good bullish momentum.
Next, the daily stochastic which is pointing up indicates that the price of Lucky Block might still continue in an upward trend. We, therefore, expect the price which is currently trading near the level $0.0001006 level to reach a significant level of $0.0004450 soon in its medium-term outlook.
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