Lucky Block Price Prediction – June 24
The market value of LBLOCKUSD may break out from the support level soon if the current support at the $0.0000146 level remains on hold. The crypto’s new rising pattern could break out to retest the $0.0001099 previous high level which could further target the $0.0001200 supply amidst market uncertainties, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000250, $0.0000200, $0.0000150
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
It seems that the LBLOCKUSD bulls are about to break out from the support level to dominate the market in the long-term outlook. The coin price is currently growing below the supply levels and confirms its bearish trend level. 
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
As the daily chat opens today, the market price of Lucky Block pulled back at the $0.0000186 supply level below the EMA-50, resulting in intraday gains for the bulls. Hence, if the coin price on the daily chart closes above the $0.0000885 high value, it will likely break its recent swing high of $0.0001099 level, bolstering more buyers to the market.
Further, the market is now pointing up on the daily stochastic. This means that the price will continue to rise to break out from support which is crucial now. In light of this, the bulls are expected to turn around the price of LBLOCKSD and the target might be the $0.0001200 supply value amidst a market surge in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Analyzing the chart above, it is obvious that LBLOCKUSD may break out from the support level soon. The price currently trades slightly below the EMA-50. This means that the coin is in a downward trend.
During the previous action, the bears’ pressure on the crypto at the $0.0000168 low mark has dropped the coin price below the supply trend lines in its recent price level.
The current price of Lucky Block now trades at the $0.0000186 supply level slightly below the EMA-50. This is an indication that the price will break out from support soon. Thus, a possible breakout from the $0.0000324 neckline will accelerate the buying momentum and push the prices to hit the 0.0000340 previous resistance levels.
Meanwhile, the pair has a target price of $0.0001200 supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days as the coin breaks out from support in its medium-term perspective.
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