Lucky Block Price Prediction- April 5
Lucky Block‘s price is likely to break out from its shell and move above the resistance trend lines soon, the next price target might be the $0.02000 supply mark soon. The coin is hovering in between the moving averages, if the bulls disagree with the bears at the $0.0002010 support value and increase their strength the coin price could jump up and closes above the $0.0003429 high level, and further bearishness would be invalidated and the price could further hit the $0.02000 supply level.
Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0002000, $0.0001999, $0.0001998
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The LBLOCKUSD price is in a bullish market at the moment in the higher time frame, this is due to the high impact of the buy traders in the order flow. Further, the price action can be seen above the EMA-50.
The coin made it to the $0.0002375 high level during the previous action and has made the price remain green and ready for an upward performance.
The buyers pushed the coin up to the $0.0002024 high mark above the EMA-50 shortly after the 4-hourly session opened today. This indicates that the buy investors are dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price distribution might retest the $0.0003429 supply value soon.
In a similar vein, more bullish runs are expected as the market now points up in the oversold region of the daily stochastic, this suggests that the price of Lucky Block will still definitely rise further above the current supply level and the next price target by the bulls might be the $0.02000 high mark in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (1H Chart)
The LBLOCKUSD price is in a bearish trend. The market now trades below the moving averages; this affirms its bearish race in its medium-term outlook.
Sellers’ increased momentum drove the price down to a $0.0002110 low level, during yesterday’s session which made it difficult for the cryptocurrency to maintain stable upside moves in its recent time. However, the bulls are now set to push the coin up as the market is oversold.
The bulls’ pullback to the $0.0002032 resistance value below the moving averages as the 1-hourly session resumes today indicates the buy traders’ readiness to push us higher which might reach the overhead resistance.
Further, the price of Lucky Block may likely continue with the bullish moves as the bulls are seen clustering around the market. Should the bulls regroup and bounce off the support line, a further bullish breakout from the $0.0002890 value will hibernate any further bearish cycle, the bullish correction phase may likely push the coin price to the $0.02000 high mark in the coming days in its medium-term perspective.
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