Lucky Block Price Prediction- September 27
The breakup of the $0.0004528 resistance level will increase the Lucky Block price towards $0.008000 and beyond. If all the support level holds and the bulls should put more aggression into their activities, the correction may be extended to hit a $0.04000 high level.
Levels:
Resistance levels: $0.0006100, $0.0006200, $0.0006300
Support levels: $0.0004400, $0.0004300, $0.0004200
LBLOCKUSD Long-term Trend: Bearish (1H Chart)
On the long-term outlook, the price seems to have pulled back a little, but the overall trend is still bearish. The price bar can be seen below the moving averages, due to the inflow from the sellers.
Lucky Block is possibly making its way up after hitting the $0.0004299 level to overcome resistance to signal a pump-up. It looks like the price will want to bounce up again in the long term.
The cryptocurrency has completed its correction and is now set for an upswing. The bulls have decided to shift the trend up after a series of lows shortly after today’s 1-hourly chart opens.
The pullback at the $0.0004326 resistance level suggests the returns of the buy traders in the market. Traders are advised to use the opportunity to invest in the coin and make more gains.
Further, the momentum indicator shows that the price of LBLOCKUSD is in an uptrend as we expect the price distribution to reach a $0.04000 high level soon as we watch the market turns bullish in the long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
The market price of LBLOCKUSD is now in a bullish move in its short-term perspective. The price bar can be seen slightly above the moving averages.
The bulls could not relent anyway, so, the price movement after dropping to a $0.0004357 low level shortly after today’s 15-minute session opening, the coin price jumped up to a $0.0004367 high level.
Hence, the pair pointing up on the daily stochastic means that the buying pressure may continue, and suggests a possible recovery of the $0.2000 supply level in the coming days in the lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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