Lucky Block Price Prediction – April 17
Lucky Block‘s price is about facing the buying pressure soon. The coin is poised to advance to the upside as the bulls are currently gathering momentum to push us higher. The coin may likely increase in strength and face the upper channel if all the current support holds in place, the coin price may rise further to retest the $0.0001099 resistance level and the key level of $0.0001200 at the upper resistance might be the target.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD pair is about to face buying pressure soon as we can see the bulls’ presence in the market. The coin is in a bearish market zone in its long-term outlook.
The bearish impact on the coin market at the $0.0000220 support level in the past few days has dropped the price below the supply levels in recent times. Nevertheless, the trend is about to change as crypto is facing buying pressure soon.
Today, the bulls caused a rise to a $0.0000275 high level below the moving average-50 as the daily session commences, this implies that the Lucky Block price is facing buying pressure soon as the bulls are now set for the next bullish rally.
Hence, if the buy traders exert more force into the market, the upcoming buying pressure may drive the coin price to retest the $0.0001099 previous high level, bringing significant growth to the coin market.
Additionally, the daily stochastic which is pointing upwards suggests that the LBLOCKUSD price is facing a buying pressure soon. This means that the selling pressure has ended, so the currency pair is set to be stronger in the coming days and likely to go up toward the $0.0001200 upper resistance value in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The Lucky Block pair is poised to face buying pressure as the bulls are seen clustering around the crypto market. The coin price is below the supply level which confirms its bearish trend.
The interference of short-term traders to the $0.0000249 low level in the previous action has contributed to its bearish momentum. Thus, the crypto is about to face high buying pressure as the bulls are set in the market to push us higher.
The market price of LBLOCKUSD which increases to a $0.0000275 high level below the moving averages as the 4-hourly session opens today suggests that the coin market is about to face a buying pressure soon and an improved bullish market sentiment.
Thus, closing the 4-hourly session above the $0.0000435 high level will push the price to the upper channel thereby encouraging the buy traders and putting the trade more on the buy side.
In addition, the daily signal indicates an uptrend, if the Lucky Block buyers could increase their buying pressure, the coin price will increase further as the bullish rally just started, with the look of things, the rally might extend the coin price to a $0.0001200 high value in the coming days as the crypto is facing buying pressure soon in its medium-term time frame.
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