Lucky Block Price Prediction – September 1
LBLOCKUSD is actually making positive moves and looks tasty for bulls making new corrections above the resistance trend lines. The crypto has already increased significantly these past few days and the sell traders have clearly lost control. There is a possibility for the crypto to swing up further and test the supply level of $0.0004450. Should buyers increase their pressure, the resistance level of $0.0004450 may not hold and it may extend to a $0.00200 high level and beyond.
Key Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0000900, $0.0000800, $0.0000700
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD indicates an upward trend and looks tasty for bulls with a bullish sentiment in its long-term perspective. The coin is trading above level $0.0001156 and presently facing the overhead resistance at its recent high.
The sustained bullish pressure at a $0.0001114 high level during yesterday’s session has sustained the crypto price above the resistance trend lines in its recent high level.
The long traders’ action increases the price of Lucky Block up to the $0.0001181 resistance level above the two EMAs even as the daily session opens today. This implies that buyers are trading the coin at this level. Thus, a break above the $0.0004450 previous high would intensify the buying pressure on the crypto.
Notably, the momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price of LBLOCKUSD might possibly retest the $0.0004450 resistance value which could further extend to a $0.002000 upper resistance level in the nearby day in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD price also looks tasty for bulls as the 4-hour chat shows that the price may now be trading in a new ascending channel on the medium-term outlook. 
The pair is in a smooth uptrend as can be seen from the chart below. This looks nice for the buy trader and signifies a buy signal.
The market price is currently trading at the $0.0001181 resistance level above the moving averages, this means that buyers are in control of the market at the moment.
The uptrend which is currently facing the upper resistance at level $0.0001181 indicates an opportunity for a higher entry by the coin traders, therefore if additional selling power is prevented the price of LBLOCKUSD may likely hit the previous high of $0.0001470 value to invalidate any further bearish theory.
Additionally, the underlying sentiment suggests an uptrend continuation as indicated by the daily stochastic. It is therefore expected of buyers to push the price of Lucky Block further up to a significant level and in this case, the target might be the $0.002000 upper resistance level in the days ahead in its medium-term view
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply