Lucky Block Price Prediction – July 30
LBLOCK resumed an upward correction as the bulls hold the rally. Buyers struggled below resistance for a week before the move higher. Today, the altcoin is trading at $0.001197 at the time of writing.
LBLOCK Price Statistical Data
LBLOCK price now – $0.001197
LBLOCK Market Cap – $48,924,357
Power supply in circulation LBLOCK – 40.77B LBLOCK
Total LBLOCK Supply – $119,725,311
LBLOCK Coinmarketcap Ranking – #3208
Resistance levels: $0.0016, $0.0018, $0.0020
Support levels: $0.0009600, $0.0009400, $0.0009200
LBLOCK/USD Medium Term Trend: Bearish (1 hour chart) – Bulls Support Recovery
From the price action, the cryptocurrency fell below the moving average lines. The implication is that the crypto may still decline on the downside. Nevertheless, the current decline has reached the oversold zone of the market. Buyers are likely to be attracted to the oversold region of the market. Currently, LBLOCK has resumed its upward move as buyers emerge in the oversold region. On the upside, if the bulls breach the moving average lines, the altcoin will rally to the high of $0.01067. Further moves are possible if the bullish momentum holds above the $0.001067 support. The crypto will still hit the high of $0.001150.
LBLOCK/USD medium-term trend: bearish (15-minute chart)
The buyers are recovering above the $0.0009400 support as the bulls hold the rally. The bulls have crossed the 21-day SMA line but are approaching the 50-day SMA line. The uptrend will resume if the price breaks above the moving average lines.
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