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Lucky Block Price Prediction: LBLOCKUSD Rising Pattern May Continue

Johnathon Fox
10/12/2024 | UPDATED ON: 10/12/2024

Lucky Block Price Prediction- October 12

The Lucky Block rising pattern may continue as the coin price eyes a potential breakout to the upper resistance level amid whale buying pressure. The market price is experiencing a bullish wave and may continue its rising pattern. Thus, if a renewed surge in buying pressure arises, the crypto price might surge to reach $0.0000450 and expose the trend to hit the $0.0001200 upper resistance level, offering investors a chance to turn $100 to $100,000 amid the market boom.

Levels:
Resistance levels: $0.0000250, $0.0000260, $0.0000270


Support levels: $0.0000160, $0.0000150, $0.0000140

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)

The LBLOCKUSD market exhibits a rising pattern, and this may continue as the market presents an opportunity for explosive crypto growth on a higher time horizon. The coin price is trending to the overhead resistance above the moving average at the recent high.
Lucky Block Price Prediction: LBLOCKUSD Rising Pattern May Continue
The sustained bullish pressure in the past session has made the crypto rising pattern remain above the supply trend levels, and this may continue at its recent high.

The Lucky Block rising pattern reaches a new high at $0.0000227 above the moving averages as the daily chart opens today, signaling potential upward price movements.

Meanwhile, the upward trajectory could face another barrier near the next resistance level at $0.0000450. A breakout above this level could propel LBLOCKUSD higher by 20%.

Similarly, the market is pointing upwards on the daily stochastic, highlighting a notable rising pattern and this may continue. As a result, the Lucky Block rising pattern may continue and climb as high as the $0.0001200 upper resistance level, attracting investors for more returns in the long-term outlook.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)

LBLOCKUSD shows a slight rising pattern below the supply levels and this may continue as the bears begin to lose momentum in its medium-term outlook. The coin price is below the EMA-50, indicating a bearish trend.
Lucky Block Price Prediction: LBLOCKUSD Rising Pattern May Continue
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 hours.

The LBLOCKUSD pair is recovering from the recent correction as a rising pattern emerges near the supply level following the upward race at the $0.0000227 mark as the 4-hourly session resumes today, indicating a potential for significant growth.

Thus, the rising pattern may continue if all the supports hold in place and the bulls add more enthusiasm to the buying pattern.

Likewise, the momentum indicator pointing up indicates that the Lucky Block rising pattern may continue; a $0.0001200 high level might be the target in the days ahead in its medium-term perspective.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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