Lucky Block Price Prediction – July 5
The market value of LBLOCKUSD is presently going up. LBLOCKUSD will increase to the $0.02000 resistance mark. The coin will still go further if the current support at $0.0001000 holds. In case the long traders change their orientation and break up the resistance level of $0.0003429, the coin price may increase further to a $0.2000 high trend line which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance levels: $0.0002100, $0.0002200, $0.0002300
Support levels: $0.0001000, $0.0000900, $0.0000800
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Analyzing the chart above, we can clearly see that LBLOCKUSD is in a bullish market zone. The price currently trades slightly above the theEMA-9. This means that the coin is in an uptrend.
The bullish pressure at the $0.0001280 supply level in the past few days has made the coin stay above the supply trend levels in recent times.
After completing the low-dips at the $0.0001000 support value during yesterday’s session, the bulls made a corrective move to the $0.0001090 supply value above the EMA-9 to open the daily chart today. This is an indication of upward momentum in the context of the strength of the market.
Thus, a possible breakout from the $0.0001090 neckline will accelerate the buying momentum and push the prices higher to hit the 0.0003429 previous resistance levels.
Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable the buyers to take the price of Lucky Block up to a high of $0.02000 in the coming days in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD remains bullish on the medium-term time frames. This is clear as we can see the prices trading above the EMA-9 line indicating an uptrend.
The pair made it to the $0.0001055 resistance level during the previous action and has sustained the coin price above the supply trend lines in its recent high.
The bulls made an aggressive move up to the $0.0001061 resistance level above the EMA-9 approaching the overhead resistance levels shortly after the 4-hourly chart opens today. This however makes it capable for the coin to rise further.
Hence, trading above the moving averages will enable the market value of Lucky Block to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, the $0.02000 resistance level might be reached soon in its medium-term perspective.
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