Lucky Block Price Prediction- January 23
The LBLOCKUSD price at the moment is currently recovering and also remains firm above the supply levels. The crypto is showing positive signs above the $0.0001704 supply value. If the coin holders could prove stronger and the price shows sustainability above the $0.0002100 previous high value, its, upside moves could extend further to reach the $0.01000 resistance level and beyond.
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001800, $0.0001700, $0.0001600
LBLOCKUSD Long-term Trend: Bullish (1H Chart)
The LBLOCKUSD pair is still in an uptrend in its long-term outlook despite the inflows from the sell traders. The price bars can be seen slightly above the moving averages which are glued together. The coin price has walked a lateral path, trying to sustain above the $0.0001704 supply level.
The sustained bullish pressure pushed the currency pair up to the $0.0001718 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain firm in an uptrend.
Despite the interaction from the bears, the bulls successfully pushed the coin price up to the $0.0001713 high mark above the resistance trend lines as the journey up north continues shortly after the 1-hourly chart opens today. This indicates that the bulls remain dominant and are having the market price at their disposal at the moment. Further increase in the buying pressure will lead the price of Lucky Block to the $0.002500 high mark.
Hence, a bullish impact by the buy investors toward the higher side is likely as indicated by the momentum indicator pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.01000 resistance value in the days ahead as the crypto remains firm above the supply levels in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (15-Minute Chart)
The market price of LBLOCKUSD is currently trading in the bullish market zone. This is due to the high inflows from the buy traders. . So it seems likely that the bulls are about to take over and push us higher.
The bullish impact on the crypto to the $0.0001719 supply level during the previous action has sustained its firmness above the supply levels.
Today, the bulls made an upward move to the $0.0001706 high value above the moving average lines as the 15-minutes chart opens. The Lucky Block price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic remains in an upward direction. Hence, if the coin buyers manage to break above the $0.0002100 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.01000 high mark in the days ahead in its lower time frame.
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