Lucky Block Price Prediction – April 24
LBLOCKUSD price hints at fresh recovery at the $0.0000301 high mark due to the recent market upsurge. The coin price seems to be rising despite the activities of the bears. Therefore, if the buy investors could prove stronger up the more and the price shows sustainability above the $0.0000940 resistance value, then the next price target by the bulls might be the $0.0001200 upper high level which could trigger the buying opportunity for traders.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block‘s price is in a bearish trend market. However, the coin price hints at fresh recovery at the $0.0000301 high level below the moving average line in its long-term time frame.
The bulls are also trying and will not allow the support level to stay. The price is now on its way up to the resistance area to invalidate the bearishness.
The bears’ pressure on the coin to a $0.0000256 low value on the 19th of April has made the price remain below the supply level lately.
The crypto price hints at fresh recovery at a $0.0000301 high level below the moving average shortly after the daily chart opens today, which affirms the returns of the long traders into the market.
Thus, the price of LBLOCKUSD is set to advance further if the bulls can redouble their efforts and push above the $0.0000940 previous highest supply level. This would bring a recovery sentiment to the asset.
In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. This may drive the coin price high to a $0.0001200 supply level in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Upward pressure now dominates the LBLOCKUSD pair in its medium-term outlook. The coin price now hints fresh recovery above the resistance level.
The bulls are trying not to fall this time around. Further, the coin prices are traded above the EMA-50, this confirms a bullish trend.
The fresh recovery by the bulls to a $0.0000282 high level in the past session has sustained its upward growth in its recent high.
The price action of Lucky Block which increases to the $0.0000301 level above the resistance trend line as the 4-hourly chart resumes today, shows the coin has hinted at a fresh recovery and this may continue.
Hence, a potential upswing would be recorded if buyers could break above the April 18th high of $0.0000334 level. The post-breakout rally would lead the price back to the $0.0000940 mark.
Notably, the LBLOCKUSD price is also pointing upwards, this suggests that the coin price which has just hinted at fresh recovery may likely continue its upward trajectory and head toward the $0.0001200 supply trend line in the days ahead in its higher time frame.
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