Lucky Block Price Prediction – July 17
LBLOCKUSD price is going upward and might break up the $0.0001099 supply level soon, as the crypto price reclaims the $0.0000174 high level to drive the potential higher. As a result, if buyers exert more effort in their market tension, the trend will shift upward to break up the $0.0001099 previous high and extend to the $0.0001200 upper high mark, offering a good entry to the coin buyers.
Levels:
Resistance levels: $0.0000550, $0.0000600, $0.0000650
Support levels: $0.0000150, $0.0000145, $0.0000140
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The momentum on the long-term outlook appears bearish, but it is beginning to turn bullish, as shown by the chart. The LBLOCKUSD price is currently trading at the resistance close to the EMA-50. So, it appears that the bulls are about to take control and the price might break up its previous high soon.
The order flow by the short-term traders at the $0.0000148 low value in the last few days has made the coin price reduce a bit in price in its recent price level.
Shortly after the daily chart opened today, the bulls drove the Lucky Block price higher to $0.0000174, below the EMA-50, despite the interactions from the short traders. Traders who buy the coin in a bear market will also benefit later.
Further, buyers must add more pressure to their activities to move the market beyond the current price level.
With sustained buying, the price of LBLOCKUSD might break up the $0.0001099 supply strength and set the potential for further growth.
Meanwhile, the market is pointing up on the daily signal, indicating an uptrend. It means that the long traders may continue to push the market price of Lucky Block and might break up the $0.0001099 resistance level to a significant level of $0.0001200 upper high level in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Lucky Block remains bullish and might break up its previous high level soon in the medium-term time frames. This is evident as we can see the prices trading above the EMA-50.
The bulls’ pressure on the coin to the $0.0000172 supply value during the past session has sustained the coin price above the resistance trend levels in its recent price level.
Shortly after the 4-hour chart opened today, the buy traders drove the market price of LBLOCKUSD to the $0.0000174 resistance figure, above the EMA-50. A break above the $0.0000267 supply mark would intensify the buying pressure on the crypto, suggesting an improved bullish market sentiment.
The market price of Lucky Block is pointing up on the daily stochastic: it means that the momentum in the coin price will likely remain and continue in an upward move and might break up the $0.0001099 to hit the $0.0001200 upper high mark, obtaining a higher footing to rise higher in the days ahead in its medium-term time frame.
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