Lucky Block Price Prediction- August 30
Lucky Block’s price is slightly in favor of the bulls at the moment. The coin currently trades at a $0.002072 supply value and is projecting a potential uptrend with the bullish crossover of the 9 and 50-day EMAs. If the buyers are successful in the pattern breakout, the upsides might test the next supply level of $0.002500, accounting for a rise.
Resistance levels: $0.002500, $0.002600, $0.002700
Support levels: $0.001830, $0.001730, $0.001630
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the 4-hourly chart market shows a bullish race. The price bars can be seen slightly above the moving averages warming up for a strong upward rally.
The buy traders pushed the market price of LBLOCKUSD up to the $0.002073 resistance value above the two EMAs shortly after the 4-hourly chart opened today.
A break above $0.002195 would intensify the buying pressure on the crypto.
In addition, the coin is likely to continue moving up as we are seeing a bullish correction in place.
The market price of Lucky Block is pointing up in the oversold region; this means that the momentum in the price of the coin will likely remain and continues in an upward move. We can now expect the price distribution to reach a $0.002500 high level soon in its higher time frame.
LBLOCK/USD Medium-term Trend: Bullish (1H Chart)
The currency pair is trading in a bullish zone. The price action is slightly above the moving averages.
The buyers caused a rise in the price of Lucky Block to the $0.002060 resistance level above the moving averages today; the underlying sentiment suggests an uptrend in the context of the strength of the market. Thus, the price could go higher than the current price, if the bulls can put more tension on the activities in the market.
Hence, the supply inflows are suspected to rise in the coming days in the lower time frame as shown by the daily stochastic indicating. A significant level of $0.002500 might be reached.
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