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Lucky Block Price Prediction: LBLOCKUSD Price is Aiming at $0.0000940 Resistance Level

Johnathon Fox
04/29/2024 | UPDATED ON: 04/29/2024

Lucky Block Price Prediction – April 29
The Lucky block market is aiming at the previous highest level of $0.0000940 attributed to the last Bitcoin Halving. Crypto is facing a crucial level at this point; therefore if all the support levels hold in place and the bulls can increase their buying activities and move ahead of the $0.0000745 supply level, its upside move might reach the $0.0000940 which may further extend to the $0.0001200 upper resistance level.

Key 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‘s price is aimed at the overhead resistance level. The coin indicates a new move below the supply levels on the higher time frame, indicating a bearish trend.
Lucky Block Price Prediction: LBLOCKUSD Price is Aiming at $0.0000940 Resistance Level
The bears’ drop to a $0.0000307 low level during the last session has contributed to its bearishness in its recent low. However, the coin is aiming at the $0.0000940 high mark as the new correction move has been sighted below the trend levels.

Earlier today the coin buyers responded to the market shift and made a pullback at the $0.0000371 high level below the EMA-50; this is an indication that the bulls are returning gradually for an increase in the coin price and to command the Lucky Block’s price actions

Meanwhile, traders who buy the coin during a massive bearish market will also make a profit. Further, the coin buyers are aiming at the $0.0000940 resistance level if all the support levels hold.

Similarly, the LBLOCKUSD pair is pointing in an upward direction on the daily stochastic. It implies that the buying pressure may continue. Therefore, The bulls could aim at the psychological level of $0.0000940 corrective pattern may extend to the $0.0001200 high mark in its long-term perspective.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD aims at the upper high level as it indicates an upward trend in the medium-term outlook. This is clear as the price bar is slightly above the EMA-50. The cryptocurrency has completed its bearish correction and is now set for an upward momentum.
Lucky Block Price Prediction: LBLOCKUSD Price is Aiming at $0.0000940 Resistance Level
The high order flow from the bulls during yesterday’s session also added to this bullishness. However, the bulls are now aiming at the $0.0000940 supply level as the crypto price is set to roll up.

At this point of writing the article, the bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hourly chart opens. An increase to the $0.0000337 supply value above the moving average level suggests the returns of the buy traders in the market.

The market participants are responding to this pattern, and its breakout should offer a good entry opportunity aiming at the $0.0000940 resistance level.

In addition, further upsides are likely as the price signal is pointing upwards aiming at the $0.0000940 resistance level, this means that the upward rally will continue and may likely extend to a $0.0001200 resistance value soon 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.

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