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Lucky Block Price Prediction: LBLOCKUSD Buying Time

Johnathon Fox
10/08/2024 | UPDATED ON: 10/08/2024

Lucky Block Price Prediction – October 8

Lucky Block is positive today and also indicates a buying time as the pair experiences a notable surge above the resistance levels. The upswing market is a recovery from the daily buying pressure fueled by the increasing investors’ interest in the asset. However, with the current high pressure from the bulls, if the coin prices sustain above the level of $0.0000450, the bulls’ trend would continue upward and possibly hit the$0.0001200 upper high level, resulting in a buying opportunity for the coin traders.

Levels:
Resistance levels: $0.0000250, $0.0000260, $0.0000270
Support levels: $0.0000160, $0.0000150, $0.0000140

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)

Lucky Block turns positive today and suggests its buying time is now as the journey to the north continues in its higher time frame. This looks nice for the buy trader and signifies a buy signal.
Lucky Block Price Prediction: LBLOCKUSD Buying Time
The pressure from the bulls to a $0.0000255 high mark in the past few days has made the coin price reach its buying time and remain above the supply levels in its recent high.

Today, the LBLOCKUSD indicates a buying time at $0.0000270 above the EMA-50 as the daily session opens, resulting in intraday gains.

Meanwhile, the coin price depicts a beautiful bullish continuation pattern and a buying time that promises a 20% breakout, if market conditions remain favorable. So, should you avoid buying this hike?

Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of LBLOCKUSD further up to a significant level and in this case, the target might be $0.0001200 supply level in the days to come as the pair suggests buying time in its higher time frame.

,

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

On the medium chart, the Lucky Block pair depicts a beautiful bullish pressure and a buying time as prices are above the moving averages and have confirmed a bullish momentum breaking the previous high.
Lucky Block Price Prediction: LBLOCKUSD Buying Time
The pair is in a smooth uptrend as seen from the chart below. Pressure from the bulls at the $0.0000250 high value in the previous action has sustained its upward stability to reach a buying time in its recent high.

Today’s 4-hourly bullish candle at $0.0000219 which further rises to a $0.0000270 supply mark above the moving averages confirms the bulls’ dominance in the market and a buying time for the coin traders. This breakout triggers a smooth bull cycle pattern, which could lead the prices to an overhead trend line.

Hence, LBLOCKUSD is showing more upside possibilities as indicated by the daily signal pointing upward; we can certainly expect more gains and strength from the coin. The pair may reach the $0.0001200 resistance level in the days ahead as it reaches its buying time in its medium-term perspective.

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 →
Previous Post: « Sui (SUIUSD) Price to Further Bounce up to Level $2.00
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