Lucky Block Price Prediction- January 13
The market price of LBLOCKUSD is attempting the next big bounce and a swift increase is anticipated to follow soon. As a result, a bullish crossover over the high point of $0.00001602 will motivate buyers to hold onto their investments for a longer correction and this might reach a high at $0.0002000 upper supply trend line.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000450, $0.0000350, $0.0000250
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is trading in the bearish trend market and also attempting the next big bounce in its long-term outlook. This is clear as we can see the price bar is visible slightly below the moving average lines presently facing resistance at the recent high and has confirmed its bearishness.
The interference of short-term traders to the $0.0000374 low level during yesterday’s session has contributed to its bearish momentum in its recent high.
We have also spotted the coin price attempting the next big bounce and the start of a continuation to the upside. As of now, the coin price made a pullback at the $0.0000446 value which further increases to the $0.0000483 supply value below the EMA as a correction phase with intraday gains.
Hence, a strong push above the $0.0001602 supply level will offer strong resistance to the crypto price, leading to an intraday gain for the coin buyers.
Additionally, the Lucky Block market is showing more upside possibilities on the daily stochastic by pointing upwards. We can certainly expect more strength from the coin and this may likely get to a $0.0002000 upper resistance mark in the days ahead as the crypto is attempting the next big bounce in its long-term outlook.
LBLOCKUSD Long-term Trend: Bearish (4H Chart)
The LBLOCKUSD can be seen also attempting the next big bounce in its medium-term outlook. The coin is now finding its way to the overhead resistance level in its medium-term time frame. The market shows that the coin price is in an attempt for the next big bounce.
The sustained bearish pressure at the $0.0000413 support value in the previous session has made the crypto price remain below the supply levels in its recent price level.
The $0.0000483 price level served as a solid resistance for the Lucky Block price as a pullback below the EMA-50 as the 4-hourly session resumes today. Because there is currently a bullish correction in place, the bulls will likely continue climbing.
In addition, the momentum indicator shows that the price of LBLOCKUSD is attempting the next big bounce by pointing up, so we expect the price distribution to reach the $0.0002000 supply level and beyond in the coming days in its medium-term outlook.
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