Lucky Block Price Prediction- March 11
The lucky Block pair is attempting the next big bounce by the Bulls. The crypto is well on its way to the overhead resistance for the next bull cycle and rapid growth is expected to follow soon. Therefore, a bullish crossover above the $0.0000940 high mark will encourage the buy investors for a longer correction and this might reach a high at $0.0001200 upper supply trend line.
Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000450, $0.0000400, $0.0000350
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD rebounded after its downside moves. The coin is now attempting the next big bounce by finding its way to the overhead resistance level in its medium-term time frame. The market shows that the price may now be trading in a new ascending channel.
The bulls have sustained the crypto market at the $0.0000514 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
The momentum remains in an uptrend despite the push from the short traders, at the time of writing this press, the bulls made a touch at the $0.0000579 high mark above the EMA-50 as the daily chart resumes today. This trend pattern proves the impact of bullishness on crypto.
In addition, the momentum indicator shows that the price of Lucky Block will still bounce up, so we expect the price distribution to reach the $0.0001200 supply level and beyond in the coming days as the coin is attempting the next big bounce in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair is trading in the bearish trend market in its medium-term outlook. The coin can be seen attempting the next big bounce slightly below the moving average lines and has confirmed its bearishness.
The interference of short-term traders to the $0.0000451 low level in the previous action contributed to its bearish momentum in its recent price level. Notwithstanding, the bulls are not relenting and are therefore preparing for the next big bounce.
We have also spotted a breakout and the start of a continuation to the upside. As of now, the coin price made a pullback at the $0.0000530 value which further increases to the $0.0000534 supply value below the EMA as a correction phase with intraday gains.
Hence, a strong push above the $0.0000738 supply level will offer strong resistance to the crypto price.
Adding to that, the Lucky Block pair is showing more upside possibilities as we can certainly expect more strength from the coin and this may likely get to a $0.0001200 upper resistance mark in the coming days as the coin is attempting the next big bounce in its medium-term outlook.
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