Lucky Block Price Prediction – May 6
Lucky Block is on the positive side today. The crypto price is at a possible buy opportunity at the moment and also looks good for long at the $0.0000375 price level. The coin has been witnessing a renewed buying interest in the last 24 hours, uplifting the coin price to a $0.000375 level. Hence, the coin will most likely continue its bullish run and the price could still go higher if the bulls can break up the $0.0001099 peak value, then we can expect a good upside momentum up to the $0.0001200 upper resistance level and beyond, thus a clear buy signal.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD price is a possible buy opportunity. The coin price is trading in a bullish momentum and also looks good for long at the $0.0000375 price level. This looks nice for the buy trader and another opportunity to buy Lucky Block which is a turnaround for the coin buyers.
The high order flow from the bulls to the $0.0000322 supply value during yesterday’s session has enabled the coin price to remain at the possible buy opportunity in its recent price level.
Just like usual the crypto’s price is going up as we can see from the daily chart. The bulls made a strong push up from the $0.0000329 high mark to the $0.0000375 supply value above the EMAs; this confirms a bullish strong breakout and a possible buy opportunity for the coin traders.
A potential break out above the $0.0001099 supply level will provide buyers with more options and extend the current rebound.
Further, continuation to the upsides is likely as the price indicator projects an upward move.
This implies that the bullish trend will most probably continue and the pattern might hit the $0.0001200 resistance trend line soon as well as a possible buy opportunity in its long-term view.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair displays a high momentum bullish rally. The chart shows that the coin price is now at a possible buy opportunity as it faces the upper resistance channel. This is another opportunity to buy LBLOCKUSD and a turnaround for the coin-buy investors.
The high bullish impact on the crypto at the $0.0000323 high level in the previous action has contributed to its bullishness in its recent high.
The market price of Lucky Block which increases to a $0.0000375 high level suggests an improved bullish market sentiment. Thus, closing the 4-hourly session above the $0.0000390 previous supply level will put the trade more on the buying side.
Meanwhile, the daily signal also suggests that the price of LBLOCKUSD may remain at a possible buy opportunity by pointing upwards. This means that buyers will still be in control of the crypto price and this bullish rally could lead the price to the $0.0001200 resistance level soon in its medium-term view.
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