Lucky Block Price Prediction – April 5
LBLOCKUSD price is firing up with a remarkable surge towards the resistance level captivating investors’ interest with a significant trading volume increase. The coin price might continue its bullish trend if all the supports hold in place. If this is attained, its upside moves could retest the $0.0000940 previous high level which could further target the $0.0001200 supply amidst a market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block pair is now firing up in its long-term time frame. The bulls are also climbing up below the resistance level and will not allow the support level to stay.
The price is now on its way up to the resistance area which targets the $0.00012000 resistance level soon to invalidate any further bearish thesis.
The bears’ pressure at the $0.0000281 support value on the 1st of April has contributed to its bearishness in recent times.
At the time of writing, the Lucky Block price is now firing up and facing resistance at a $0.0000319 level below the EMA line to resume its next uptrend move as the daily chart resumes today. The current price level shows an intraday gain and targets the $0.0000940 previous high if additional power is added to the bullish momentum.
Additionally, the LBLOCKUSD price is also pointing upwards on the daily stochastic, this suggests that the coin price may continue firing up and might hit the $0.0001200 supply trend line in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Analyzing the chart below, we can see that LBLOCKUSD is firing up towards the supply levels and targets the $0.0001200 upper high level. The price currently trades slightly below the EMA-50. This means that the coin is in a bearish trend.
The bearish pressure to the $0.0000300 support level in the past action has made the market value of Lucky Block remain below the supply trend levels in recent times.
Today, the bulls are firing up and seem to be taking over soon, so the Lucky Block price action which increases to the $0.0000319 resistance level below the moving averages targets the upper resistance level and affirms the presence of the bulls in the market.
Thus, closing the 4-hourly session above the $0.0000579 price level will put the trade more on the buy side which might hit the overhead resistance level soon.
In addition, the Lucky Block price might keep firing up as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the bullish rally might hit the $0.00012000 high value in no long time in the medium-term time frame.
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