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LBLOCK regains support as it sets for a new uptrend


Lucky Block Price Prediction: LBLOCK is regaining critical support as it gears up for a new uptrend

Lucky Block Price Prediction – August 13th
LBLOCK is set for a new uptrend and is still on the downside. Buyers are drawn to oversold territory, which can push prices higher.

LBLOCK price statistics data
LBLOCK current price – $0.001244
LBLOCK Market Cap – $50,719,233
LBLOCK Circulating Supply – 40.77B LBLOCK
LBLOCK Total Supply – $124,128,827
LBLOCK Coinmarketcap Ranking – #3374

Main levels:
Resistance levels: $0.0016, $0.0018, $0.0020
Support levels: $0.0009600, $0.0009400, $0.0009200

LBLOCK/USD Medium-Term Trend: Bearish (Hourly Chart)

After the August 12 price drop, LBLOCK rebounded as the price rose above the 21-day SMA. Buyers maintain bullish momentum as he fails to break out of the 50-day SMA. Cryptocurrencies are currently trading between moving averages. Selling pressure resumes when the price breaks below the 21-day line SMA. On the other hand, if the bulls break out of his 50-day line SMA, it will indicate a resumption of the uptrend. Meanwhile, altcoins are trading below his 20% range on the daily Stochastic. This indicates that buyers are expected to emerge in the oversold areas of the market.

LBLOCK/USD Mid-Term Trend: Bearish (15-Minute Chart)

15 – At the min chart, the altcoin is set in a new uptrend, so it moves within the range. Crypto prices are fluctuating below and above the moving averages. The uptrend will resume if the price bar breaks above the moving averages and the bullish momentum continues. Today, LBlockUSD has resumed its rise as the price breaks above the moving averages.

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Lucky Block Price Prediction: LBLOCK is regaining critical support as it gears up for a new uptrend
LBlock/USD – 15 minute chart

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LBLOCK regains support as it sets for a new uptrend

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