Lucky Block Price Prediction – September 10
The LBLOCKUSD price is negotiating the upper resistance level, indicating investors’ growing confidence as the coin price stabilizes and remains firm above the supply levels. The crypto might continue in that direction if the bulls could add more effort and the price closes above the $0.0000450 supply level; the coin might further extend to a $0.0001200 upper high level and beyond, signaling a potential buy opportunity for the coin buyers.
Levels:
Resistance levels: $0.0000230, $0.0000240, $0.0000250
Support levels: $0.0000180, $0.0000170, $0.0000160
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block’s price is negotiating the upper resistance level and remains stable on the upside due to the bulls’ high buying volume in its higher time frame. Further, the coin is trading above the moving averages, making higher highs and moving towards the upper resistance area, indicating bullish momentum.
The sustained bullish pressure at the $0.0000185 high level in the last few days has made it easier for the coin to remain firm above the supply level while negotiating the upper resistance in its recent high.
The buy traders made a strong push to the $0.0000192 resistance level approaching the upper resistance level above the moving averages as the daily chart opens today, indicating an intraday growth and more gains for buyers.
Hence, with the positive sentiment and increased buying momentum, the Lucky Block price may rally to the $0.0000450 resistance value and negotiate the upper resistance level, suggesting growing confidence and interest among the investors.
Next, the underlying sentiment suggests an uptrend continuation in the coming days, as indicated by the daily stochastic remaining in an uptrend. Buyers are to push the price of LBLOCKUSD further up to a significant level; in this case, the target might be the $0.000120 upper resistance level in the days ahead as it negotiates the upper resistance level in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is negotiating the upper resistance level as the price continues to trend above the supply trend levels, showing a more bullish impact in its medium-term outlook.
The bulls have the market at their disposal at the moment. However, a high retest to the breached $0.000180 supply suggests strength in bullish momentum.
The bulls made an impressive move to the $0.0000192 high level, negotiating the upper resistance level above the moving average shortly after the opening of the 4-hourly chart today, suggesting renewed confidence among the coin traders. Trading above the moving averages will enable the Lucky Block price to keep pushing up.
Therefore, if the bulls should add more aggression to their activities in the market, the $0.0000249 supply level might be retested soon, offering a high potential recovery for the coin buyers.
Further, the LBLOCKUSD price negotiation at the upper resistance level might continue in that direction, as the signal remains in an uptrend. With high buying pressure and positive market sentiment, the crypto has the potential to hit the $0.0001200 upper high mark and attract more investors soon in its medium-term perspective.
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