Lucky Block Price Prediction: LBLOCKUSD Turnaround near Level $0.002031

Lucky Block Price Prediction- August 26
LBLOCKUSD is on its way to the 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 bulls should increase their buying pressure, the price action might penetrate the $0.002339 to retest the $0.002755 supply level and beyond.

Levels:
Resistance levels: $0.002500, $0.002600, $0.002700
Support levels: $0.001851, $0.001751, $0.001651
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD remains moderately bullish. The price traded in the green zone for the past few hours. However, still, there are many hiccups for the bulls to overcome.

The coin is recovering from the recent correction as fresh buying emerges near the lower level following the downward race.

The Lucky Block price earlier today, swing up to a $0.002050 high level above the moving averages, which gave the coin the tendency to rise further.

The currency pair may likely extend up to the $0.04000 supply value provided the buy traders add more strength to their buying pressure.

More so, the price 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 in the coming days in its higher time frame.

LBLOCKUSD Medium-term Trend: Bullish (1H Chart)Here, on the lower 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 an increase in bullish impact, the buy traders made a rise to a $0.002040 high level slightly above the moving averages as the 1-hourly session resumed today.

If the price can break above $0.002490, we can expect an excellent bullish momentum.

Next, the daily stochastic pointing up indicates that the price of Lucky Block might still continue in an upward trend. We, therefore, expect the price to reach a significant level of $0.2000 soon in its medium-term outlook.

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