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Lucky Block Price Prediction: LBLOCKUSD Anticipates Further Increase, Breakout Imminent

Johnathon Fox
01/02/2025 | UPDATED ON: 01/02/2025

Lucky Block Price Prediction – January 2

With the anticipated 2025 bull market fast approaching, the LBLOCKUSD anticipates further increase and a breakout is imminent as a bullish correction is in place. The crypto is likely to increase in strength as the coin gave a bullish breakout from the $0.0000190 level, suggesting the buy investors are making a recovery attempt. Thus, if the crypto’s price sustains above a $0.0000330 high level, the potential rally could surge higher to hit the $0.0001200 supply value and beyond.

Key Levels:
Resistance levels: $0.0000180, $0.0000190, $0.0000200
Support levels: $0.0000151, $0.0000150, $0.0000149

LBLOCKUSD Long-term Trend: Bearish (Daily Chart)

The LBLOCKUSD pair anticipates further increase as it begins a bullish race below the supply level indicating a downward trend with a bearish sentiment in its long-term perspective. However, the market is presently facing resistance at the recent high.
Lucky Block Price Prediction: LBLOCKUSD Anticipates Further Increase, Breakout Imminent
Actions from the short traders at a $0.0000151 low value during the last session have dropped Lucky Block’s price beneath the supply trend lines in recent times. Meanwhile, the token anticipates further increase and a breakout is imminent as it begins a new correction.

Price movement to a $0.0000190 high level below the EMA-50 as the daily chart commenced today is a pullback that will enable bulls’ recovery to foster a higher price resulting in an intraday gain for buyers as it anticipates further increase.

A breakout above the overhead trend line could signal a change in price trend to test the previous barrier of $0.0000330 as the LBLOCKUSD price anticipates a further increase, creating a strong area of interest for buyers soon.

Hence, with the price pointing upwards on the daily stochastic, further upside is certain.
Therefore a breakout is imminent as buyers anticipate further increase and may likely hit the $0.0001200 supply level soon in its higher time frame.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)

The momentum on the medium-term time frame is distinctly bullish as it anticipates a further increase soon. Nevertheless, it seems the bulls will take over the price of Lucky Block and push us higher as the market remains in an uptrend despite the moves from the sell traders.
Lucky Block Price Prediction: LBLOCKUSD Anticipates Further Increase, Breakout Imminent
Today’s 4-hourly chart at the $0.0000190 supply level anticipates further increase, and a breakout is imminent as it remains above the supply level. This will give the buy traders the motive to influence the price tendency.

Hence, if a renewed surge in buyers occurs, the LBLOCKUSD price might increase further to hit the previous barrier at the $0.0000300 supply level, anticipating a further increase.

Notably, the pair pointing up on the daily stochastic implies that the buying pressure may continue and suggests a possible recovery of the $0.0001200 supply level in the coming days as it anticipates a further increase in the medium-term outlook.

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.

View all posts by Johnathon Fox →
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