Lucky Block Price Prediction – August 9
LBLOCKUSD is making positive moves at the moment. The coin price looks promising as it erases a bearish thesis and makes a solid bullish case, suggesting a higher bullish correction. Hence, the crypto can swing up further and test the supply level of $0.0000745. Should the bulls increase their pressure, the resistance level of $0.0000745 may not hold, and it may extend to a $0.0001200 high level and beyond as more traders buy the token.
Levels:
Resistance levels: $0.0000400, $0.0000500, $0.0000600
Support levels: $0.0000170, $0.0000160, $0.0000150
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is recovering and looks promising at the $0.0000186 level as it moves north on the daily chart. The coin is trading above the level of $0.0000152 below the moving average, indicating a bearish trend. 
However, the trend might increase above the resistance trend pattern as the bulls begin the new correction to erase any upcoming bearish thesis. The market is presently facing resistance at the recent high.
Today, at the press time, the Lucky Block price looks promising as the bulls’ action increases the crypto price to the $0.0000186 resistance level below the EMA-50, even as the daily session opens. Hence, a strong push above the $0.0000745 supply level will offer strong resistance to the crypto price.
Further, the LBLOCKUSD price looks promising as the stochastic oscillator remains upward. Therefore, if the coin buyers could hold above the $0.0000745 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY and suppress the sell traders.
As a result, the price could pump or surge upsides to hit the $0.0001200 upper resistance value in the coming days as the coin looks promising at the current price level in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook ,the LBLOCKUSD pair looks promising as it remains strong above the resistance zone. Firstly, the crypto has broken above the moving average of 50, indicating strong bullish momentum.
The bulls’ pressure on the coin to the $0.0000169 supply value during the last session has sustained the Lucky Block price above the resistance trend levels in its recent high.
Today, the cryptocurrency looks promising as it stretched its legs with a notable increase to a $0.0000186 high point above the EMA-50, as the 4-hour chart opens, indicating strong investors’ confidence, potentially driving the LBLOCKUSD price up due to higher demand. It means the bulls are having the crypto market at their disposal.
Additionally, the Lucky Block price may continue with the live journey to the north as the technical indicator signals and emphasizes an upward movement. Thus, the bullish rally might push the coin price to retest the $0.0000209 barrier level which may expose the
crypto price to a significant level of $0.0001200 at the upside in its medium-term view.
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