Lucky Block Price Prediction- October 26
Lucky Block is positive today and also indicates a buying time as the price is currently running a bullish race. Crypto is facing high pressure from the bulls. Conversely, if the coin prices sustain above the level $0.0002294, the bulls’ trend would continue upward and possibly hit the the$0.02000 upper high level. Thus, a clear buy signal for the coin investors.
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001600, $0.00015000, $0.0001400
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Lucky Block turns positive today. The price is strongly trading in a bullish momentum in its higher time frame. This looks nice for the buying trader and signifies a buy signal. The price finds reliable resistance at around level $0.0002056, resulting in intraday gains.
The crypto’s price rises to a $0.0002071 supply level above the two EMAs after the recent threat of increasing. Moreover, the price pattern warns of prolonged buying with the double bottom forming in the long-term chart. 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 a $0.02000 supply level in the higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
On the medium chart, Lucky Block prices are above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below. Pressure from the bulls at the $0.0002000 high value in the previous action has sustained its upward stability in its recent high.
Today’s 1-hourly bullish candle at $0.0002056 which further rises to a $0.0002058 supply mark above the moving averages confirms the bulls’ dominance in the market. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
Hence, LBLOCKUSD is showing more upside possibilities as shown by the momentum indicator pointing upward; we can certainly expect more gains and strength from the coin. The pair may likely reach the $0.02000 resistance level in the days ahead in its medium-term perspective.
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