Lucky Block Price Prediction- August 18
Lucky Block price is currently climbing upwards. The LBLOCKUSD buyers are set to take the coin up to a significant level of $0.004 as the market turns bullish.
Levels:
Resistance levels: $0.002500, $0.002600, $0.002700
Support levels: $0.002001, $0.001001, $0.000901
LBLOCKUSD Long-term Trend: Bearish (4H Chart)
LBLOCKUSD is currently trading in the bearish market zone. This is due to the impact from the sell traders which is actually fading off gradually.
As a result of price rejection at this level, there is an immediate reversal. Buyers drove the price up to a $0.002298 high level just a bit below the moving averages as the 4-hourly session begins today.
Buyers must redouble their efforts to forecast a bullish increase in the market above the $0.002298 level.
Lucky Block price action is currently below the 20% range of the daily stochastic, which means that the market pressure has reached bearish exhaustion as the market is oversold. The buyers are expected to emerge now to push the price of the coin upward to a key level on the upside, and $0.004 might be the target in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (1H Chart)
The pair is in a bearish trend zone in its lower time frame. Despite the flow from the short traders, Lucky Block is still showing some bullish races.
The bulls caused a rise to $0.002218 which later increases to the $0.002245 resistance level after which the sell traders sets in and drop the price to a low at $0.002000 as the 1-hourly chart opens today.
The sellers lost the momentum as the price now trades at the $0.002298 resistance value below the moving averages; this means that the bulls are set to dominate the market at the moment while the short traders are getting weaker.
Further positive moves are likely indicated by the stochastic indicator pointing up in the oversold region. The buy traders are expected to continue the bullish race up to the key psychological area in the upper resistance area, $0.04 high level might be reached in the coming days in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply