Lucky Block Price Prediction- June 14
LBLOCKUSD is now set for the next big bounce and a swift increase is expected to follow soon. Therefore, a bullish crossover above the $0.0003429 high mark will encourage the buy investors for a longer correction and this might reach a high at $0.02000 upper supply trend line.
Levels:
Resistance levels: $0.0002100, $0.0002200, $0.0002300
Support levels: $0.0000900, $0.0000800, $0.00000700
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is trading in the bearish trend market in its long-term outlook. The price bar can be seen slightly below the moving average lines and has confirmed its bearishness.
The interference of short-term traders to the $0.000979 low level in the previous action has contributed to its bearish momentum in its recent low.
We have also spotted a breakout and the start of a continuation to the upside. Currently, the coin price made a pullback at the $0.0001000 which further increases to the $0.0001085 supply value below the two EMAs as a correction phase with intraday gains.
Meanwhile, the current price at a $0.0001085 low value below the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Hence, a strong push above the $0.0003249 supply level will offer a strong resistance to the crypto price.
Also, Lucky Block is showing more upsides possibilities as we can certainly expect more strength from the coin and this may likely get to a $0.02000 upper resistance mark in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD market is in a bearish market at the moment in its medium-term time frame. From the chart below, the price can be seen in green below the two EMAs.
The sustained pressure from the bears at the $0.000979 support level in the previous action has contributed to its bearishness in its recent times.
However, the momentum is about to experience a turnaround as the bulls made a touch at the $0.0001024 high mark below the supply trend lines as the 4-hourly chart resumes today. This trend pattern proves the impact of bullishness on the crypto.
However, a further increase in the bulls’ action may break above the previous high at the $0.0002300 value which will result in more gains for the coin holders.
Hence, if the Lucky Block price sustains above the mentioned resistance level, the resulting rally may surpass the $0.0002300 high level and hit the $0.02000 psychological level at the upside in the days ahead in the medium-term outlook.
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