Lucky Block Price Prediction – March 27
The market value of LBLOCKUSD is presently going up. The coin is aiming at the $0.0001200 resistance level and may still go further if the current support at $0.0000359 holds. The crypto’s price may continue its upside moves to retest the $0.0000940 previous high level which could further target or aim at the $0.0001200 supply amidst market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The long-term market value of Lucky Block is aiming at the upper higher level as the price is facing resistance as can be seen from the chart below. The price responded to the shift in the market structure and is currently trading below the moving averages.
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race.
With the positive sentiment, the LBLOCKUSD price rallied up to the $0.0000404 resistance value below the moving averages as a pullback and breached the $0.0000371 daily barrier as the daily chart opens today.
Meanwhile, the coin is aiming at the upper high level, therefore a possible breakout from the $0.0000404 neckline will accelerate the buying momentum and push the prices higher to hit the 0.0000940 previous resistance levels. This will bolster more buying pressure on the crypto to the upper resistance levels.
Further, the market is now pointing up on the daily stochastic. This means the crypto market may continue its rising pattern. Hence, the bulls are expected to turn around the price of LBLOCKUSD while the bulls are aiming at the $0.0001200 supply value in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook, the coin price now trades above the supply levels aiming at the upper resistance level and confirming a bullish race. This is due to the high impact of the buy investors in the coin market.
The LBLOCKUSD pair made it to the $0.0000375 resistance level during the previous action and has sustained the coin price above the supply trend lines in its recent high.
The current price of Lucky Block now trades at the $0.0000404 supply level above the EMA-50, this is an indication of an upward momentum in the context of the strength of the market.
However, the currency pair is aiming at a $0.0001200 supply value and could grow further if the buy traders managed to break up the $0.0000738 previous high level, maintaining a further growth potential for the buy traders.
Additionally, the pair remains in an upward direction on the daily signal. As a result, the bulls may now be aiming at the $0.0001200 upper resistance level in the days ahead in its medium-term perspective.
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