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Lucky Block Price Prediction: LBLOCKUSD Price Holds above $0.0000300 Supply Level

Johnathon Fox
04/23/2024 | UPDATED ON: 04/23/2024

Lucky Block Price Prediction – April 23
Lucky Block‘s price now holds above the $0.0000300 supply level due to the high impact of the bulls on the crypto. The coin is facing overhead resistance; if buyers could increase their actions, the coin price may rise further to the $0.0001500 upper high mark which would be a turnaround for the coin buyers.

Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000250, $0.0000200

LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Despite the moves by the sell traders, LBLOCKUSD‘s price still holds above the $0.0000275 supply level in its long-term outlook. The coin price can be seen below the resistance line which confirms its bearishness.
Lucky Block Price Prediction: LBLOCKUSD Price Holds above $0.0000300 Supply Level
The bearish pressure at the $0.0000244 support level in the past few days has made the coin price stay below the supply trend levels in recent times.

The current price of Lucky Block now trades at the $0.0000310 supply level below the EMA-50, this suggests that the coin is trending up which may attempt the $0.0001099 previous high level.

Next, the Lucky Block pair can grow further as indicated by the daily signal pointing upwards. In light of this, the coin price might grow higher to reach the $0.0001500 supply value in the coming days as it currently holds above the $0.0000300 supply mark in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD price now holds above the supply level in its medium-term outlook. This is because the long traders are more actively involved in the order flow at present.
Lucky Block Price Prediction: LBLOCKUSD Price Holds above $0.0000300 Supply Level
The coin price was able to reach and hold above the $0.0000267 high value in the previous action which made the coin remain in an upward trend lately.

Today’s 4-hourly bullish candle at the $0.0000310 high level above the moving averages confirms the bulls’ dominance in the market. This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level.

If the Lucky Block’s’ price sustains above the previous highest resistance level at $0.0000435, the resulting rally may surpass the $0.0001200 price level and hit the $0.0001500 psychological level at the upside in the days ahead in the medium-term time frame.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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