Lucky Block Price Prediction- May 4
LBLOCKUSD pair looks promising at its current price of $0.0000343. The coin has experienced a remarkable increase in its market value, rising sharply in the last few hours. The coin surpassed the $0.0000306 mark, indicating a bullish trend despite the ongoing market fluctuations. Therefore, if the bulls could trigger their forces in the market, the coin price may likely go higher to reach the $0.0001200 upper resistance level, indicating a growing interest among the coin buyers.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000250, $0.0000200, $0.0000150
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD indicates an upward trend and looks promising with a bullish sentiment in its long-term perspective. The coin is trading above the level of $0.0000306 and presently facing resistance at the recent high.
The successful breakout by the bulls to the $0.0000327 supply value in the last few days has made it possible for the coin market to retain its bullish strength in its recent high and looks promising.
Today, the Lucky Block price looks promising as the bulls pushed the coin price to a $0.0000343 high mark slightly above the supply level as the daily chart opens.
Sustaining this level could pave the way for the crypto to aim for a higher resistance at the $0.0001099 level.
Notably, the momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and this may drive the LBLOCKUSD price to the $0.0001200 upper resistance value in no long time as it looks promising in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The currency pair also looks promising on the medium-term outlook. The LBLOCKUSD pair is now in a strong resistance zone. Firstly, the crypto has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level $0.0000306.
The high bullish impact on the crypto at the $0.0000310 high level in the previous action has made the coin market look promising at its recent high.
At the time of writing this article, the market price of Lucky Block is currently trading at the $0.0000343 resistance level above the moving averages, this means that the bulls are in control of the market at the moment.
The uptrend is currently facing the overhead resistance at level $0.0000343, therefore if additional selling power is prevented the price may likely hit the previous high of $0.0000412, indicating a strong bullish trend.
In addition, the stochastic oscillator which is also pointing up means that the price of LBLOCKUSD may continue with its bullish correction move as it looks promising above the supply level. We can certainly expect the price of the coin to increase to a $0.0001200 supply level soon in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply