Lucky Block Price Prediction – July 28
The LBLOCKUSD pair having completed the low dips is likely to grow more amidst the market surge. If the bulls could push higher and the price on the daily chart closes above the $0.0002890 supply level, then there is a high probability of the price going up to its recent swing high, which is $0.0003429 resistance 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)
The LBLOCKUSD market is in a bullish scenario as can be seen on the daily chart above. The price is currently recovering and trades above the supply levels, confirming an uptrend.
The bulls acted bravely during yesterday’s session by pushing the coin price to the $0.0001071 high value which enhanced the crypto price to remain strong above the supply trend levels in recent times.
Amid the recent upsurge in the crypto market, the Lucky Block price gave a massive breakout from the daily resistance of $0.0001169 value above the two moving averages. This signifies that the buy investors still remain dominant in the market and are actually buying the coin.
With intense buying, this corrective move may retest the previous resistance at the $0.0003429 value as a potential support and validation in which buyers can sustain higher prices.
In addition to that, the Lucky Block price shows an uptrend on the daily stochastic. This means that the coin will grow more and as a result of that, the coin price might possibly rise above its previous high at the $0.0003429 mark which may extend to the $0.001000 supply mark in the days ahead in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block price is in a bullish race in the medium-term outlook. The price is above the supply trend lines which are glued together, indicating an uptrend. This is due to the high inflow from the long traders.
The bulls made an upward move to the $0.0001070 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend in recent times.
The bulls are not relenting, an increase in price to the $0.0001169 supply value above the two EMAs as the 4-hourly session opens today, shows that the buy traders are actually on top of the market at the moment, traders are hereby advised to seize the opportunity and buy the coin now to have more gains ahead.
Notably, the LBLOCKUSD pair is showing an upward momentum on the daily stochastic, this means a continuation to the upside. If the coin price sustains above the $0.0001478 resistance level, the resulting rally may surpass the $0.0001177 high level and hit the $0.001000 psychological level at the upside in the days ahead in the medium-term time frame.
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