Lucky Block Price Prediction: LBlock Resumes Relief Rally as It Targets the $0.001000 High

The information provided on Inside Bitcoins is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. No profits are guaranteed, and you may lose some or all of your investment. Always invest responsibly and only with funds you can afford to lose.

Lucky Block Price Prediction: LBlock Resumes Relief Rally as It Targets the $0.001000 High
Lucky Block Price Prediction: LBlock Resumes Relief Rally as It Targets the $0.001000 High

Join Our Telegram channel to stay up to date on breaking news coverage

Lucky Block Price Prediction – July 8

LBlock is in a downward correction as it targets the $0.001000 high. Since June 23, the price movement has been stable as the altcoin consolidates below the moving average lines for a price rebound. The 21-day line SMA is the resistance line to the price bars. The crypto’s price will attempt a price rebound after consolidating below the resistance level after a while. LBlock/USD is trading at $0.0009280 at the time of writing.

LBLOCK Price Statistics Data
LBLOCK price now – $0.0009566
LBLOCK market cap – $38,774,158
LBLOCK circulating supply – 40.77B LBLOCK
LBLOCK total Supply – $95,663,601
LBLOCK Coinmarketcap ranking – #3569

Key Levels:
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) – It Targets the $0.001000 High

The cryptocurrency has regained bullish momentum as price breaks above the 50-day line SMA. The price surge is approaching the 21-day line SMA. A break above the 21-day line SMA will signal the resumption of upside momentum. Firstly, the altcoin will revisit the previous high of $0.0009500 to break above it. A break above the $0.0009500 will catapult LBlock to the high of level $0.001000. Meanwhile, the altcoin is above the 40% range of the daily stochastic. It indicates that the coin is in a bullish momentum.

LBLOCK/USD Medium-term Trend: Bearish (15-Minute Chart)

In the lower time frame, LBlock price is trading between the moving average lines as it targets the $0.001000 high. The altcoin will trend when the moving average lines are breached. For instance, a break above the 50-day line SMA will propel the cryptocurrency to reach the high of $0.0009500. Further upward moves are possible above the moving average lines. The coin is above the 60% range of the daily stochastic. Also, It indicates that the market is in a bullish momentum.

Lucky Block Price Prediction: LBlock Resumes Relief Rally as It Targets the $0.001000 High
LBlock/USD – 15 Mins Chart

Join Our Telegram channel to stay up to date on breaking news coverage

Read next