Lucky Block Price Prediction (June 17). There is a price upsurge
LBLOCKUSD price after updating the lows may likely surge upward to reach the $0.02000 supply level. The coin at the moment is experiencing a price upsurge, and showing positive signs above $0.0001063 supply level, If the bulls could push higher and make a retest at a $0.0003429 high mark, then the coin price may jump up to hit the $0.02000 upper resistance trend line and beyond which will trigger a significant recovery in Lucky Block’s price.
Levels:
Resistance levels: $0.0001700, $0.0001800, $0.0001900
Support levels: $0.0001000, $0.0000900, $0.0000800
LBLOCKUSD Long-term Trend: Bearish but a price upsurge is happening (Daily Chart)
LBLOCKUSD price seems to have pullback a little but the overall trend is still bearish in its long-term outlook. The price bars can be seen below the moving averages. However, there is about to be a turnaround for the coin buyer as the coin market has just resumed its rising pattern.
The bearish pressure at the $0.0000964 support level held by the bears during the yesterday’s session has made the coin stay below the supply trend levels in its recent high.
Commitment from the bulls now retraced the price of Lucky Block from the mentioned support to a $0.0001105 high mark below the moving averages.
Such lower price rejection indicates that buyers are defending this level and attempting to push the price higher. Hence, a strong push above the $0.0003429 supply level will offer a strong resistance to the crypto price.
Furthermore, the daily signal suggests an uptrend; hence, there is a higher probability of the price breaking its resistance as many buy investors are clustered round the market at the moment. In this case, the next upsurge by the bulls might reach the $0.02000 uppers resistance value in the days ahead and a real time for a potential BUY in the higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Analyzing the chart below, we can see clearly that LBLOCKUSD is in a bullish market zone. The price currently trades slightly above the EMA-9.
Pressure from the bulls at the $0.0001010 high value in the previous action has sustained its upward stability in its recent high.
The price of Lucky Block which now trades at the $0.0001043 supply mark above the EMA-9 is an indication that the bulls are actively buying the coin at the moment. This will eventually make the coin to gain more strength and push higher above the supply trend levels.
Adding to this, more upsides are certain as the price indicator shows that the coin price is trending upwards, which is a price upsurge. It is expected that the coin hit the $0.02000 at the high side in the days ahead in its medium-term time frame.
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