1 year ago
100 Lucky Block Price Prediction- June 6
The increase in the price action of the Lucky block will pump up the price above the $0.002067 resistance level and beyond.
Key Levels:
Resistance levels: $0.002067, $0.002167, $0.002267
Support levels: $0.001541, $0.001441, $0.001341
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The daily chart market of LBLOCKUSD shows a bullish race. The market price at the $0.001618 resistance level which is above the EMA-9, as the market opens today, indicates that the bulls are regaining their strength.
A further downward move is not certain at the moment, as the market continues its upward momentum and pushes the price of the currency pair up to the $0.001680 resistance level.
The momentum indicator shows that the price signal is also moving upward at around level 78% as we expect the price distribution to reach the significant level of $0.002548 resistance level in the days ahead in its long-term view.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
LBLOCKUSD is going in favor of the bulls on the 1-hourly chart.; also the bulls caused an increase to the $0.001634 resistance level during yesterday’s session.
This, however, gave the buyers the motive to influence the price tendency as the bulls look to gain the market momentum.
The market value of LBLOCKUSD at the $0.001680 resistance level can be seen above the moving averages therefore if the bulls increase their tension in the market, the price tendency will rise above the key levels.
Meanwhile, the momentum indicator pointing down at around level 88% range of the daily stochastic, implies that the price action of the currency pair will continue an upward trend if the current support level of $0.001641 holds as it is expected that the buyers will hit the key level of $0.002548 resistance level in the days ahead in the medium-term perspective.
You can purchase Lucky Block here. Buy LBlock
