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Lucky Block Price Prediction: LBLOCKUSD Will Go Up! Buy!

Johnathon Fox
08/18/2023 | UPDATED ON: 08/18/2023

Lucky Block Price Prediction – August 18
The LBLOCKUSD pair is rising and is on its way to new resistance trend levels. The coin price will go up and move higher above the current resistance level if buyers should triple their efforts to forecast a bullish increase in the market above the $0.0004450 resistance level, the $0.02000 upper high level may be retested.

Levels:
Resistance levels: $0.0001000, $0.0001100, $0.0001200
Support levels: $0.0000800, $0.0000700, $0.0000600

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD price seems to have pullback a little but the overall trend is still bullish. As a result of price rejection at this level, there was an immediate reversal.
Lucky Block Price Prediction: LBLOCKUSD Will Go Up! Buy!
Activities from the buy traders to a $0.0001026 resistance level in the past few days have sustained the crypto price above the supply trend levels in its recent high.

The coin having dropped down to a low at the $0.0000942 level in the previous action has been rejected by the buy traders at the moment.

Today, the long investors made a pullback to a $0.0000996 high value slightly above the EMA-9 as the daily chat commenced; this implies a gradual weakness in the strength of the sell traders while buyers are becoming more active.

If the Lucky Block’s’ price sustains above the previous swing high at the $0.0004450 mark, the resulting rally will go up towards the upper high levels which would invalidate any further bearish thesis.

Hence, with the daily stochastic pointing upwards, should the coin buyer hold or sustain the price of Lucky Block above the $0.0004450 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY.

As a result, the price will go up or surge upsides as indicated by the price signal to hit the $0.02000 upper resistance value in the coming days in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the medium-term time frame market shows a bullish race.
Lucky Block Price Prediction: LBLOCKUSD Will Go Up! Buy!
The price of LBLOCKUSD can now be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market.

The bulls’ pressure on the currency pair in the past few hours has made it possible for the price to remain in an upward trend zone in recent times.

An additional buying pressure pushed the price of Lucky Block up above the critical level of $0.0000996 resistance value above the moving averages shortly after the 4-hourly chart opens today. This will however give the buy traders the tendency to further ladder up the trend. To push the price above the supply zone more buyers’ participation is a prerequisite.

However, the coin price will go up further, if the buying team could add more energy to their buying motives and cross over the $0.0001500 supply barrier. This will enable buyers to sustain higher prices.

Adding to that, there is a possibility of more upsides as shown by the daily stochastic pointing up; it is expected of the long traders to continue with the bullish race to a significant level and break above the $0.0001500 to reach the $0.02000 upper resistance level in the medium-term time frame as we watch the market turns bullish.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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