Lucky Block Price Prediction – March 19
LBLOCKUSD is attempting the next bull cycle and a breakout is imminent. The crypto is very likely to increase in strength as we are seeing a new bullish correction in place. The coin gave a bullish breakout from the $0.0000425 level on the daily chart, suggesting buy investors are making a recovery attempt. Thus, if the crypto’s price sustains above a $0.0000940 high level, the potential rally could surge higher to hit the $0.0001200 supply value and beyond.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000350, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair can be seen attempting the next bull cycle and also indicates a downward trend with a bearish sentiment in its long-term perspective. Prices are below the EMA which indicates a bearish trend. This is due to a high inflow of the sell traders. However, the market is presently facing the next bull cycle at a recent high. 
Actions from the short traders at a $0.0000376 low value during yesterday’s session have dropped Lucky Block’s price beneath the supply trend lines in recent times.
Price movement to a $0.0000425 high level at the time of writing this article, below the EMA-50 as the daily chart commences today is a pullback that will enable the next bulls’ cycle to foster a higher price, resulting in an intraday gain for buyers.
A breakout above the overhead trend line could signal a change in price trend to test the previous barrier of $0.0000940 soon.
Hence, with the price pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the LBLOCKUSD price up and may likely hit the $0.0001200 supply level soon as the coin price is attempting the next bull cycle in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block’s price is in a bearish market in its medium-term outlook. The pair is currently attempting the next bull cycle below the level supply level at the moment.
The high bearish impact on the crypto at the $0.0000376 low level in the previous action has contributed to its bearishness in its recent price level.
The market price of LBLOCKUSD which increases from $0.0000401 to the $0.0000408 high level below the moving averages suggests the return of buyers attempting the next bull cycle to influence market conditions. Thus, closing the 4-hourly session above a $0.0000738 high mark will put the trade more on the buy side.
Hence, the pair pointing up on the daily stochastic, means that the attempted next bull cycle may continue, and suggests a possible recovery of $0.0001200 supply level in the coming days in the medium time frame.
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