Lucky Block Price Prediction – April 20
The market value of the Lucky block may likely push higher as it’s now on its way to the new resistance trend levels. The pair is making its way up after hitting the $0.0000259 low level to signal a pump. Thus, a strong push from the current price at the $0.0000275 supply value below the supply trend levels will put the crypto in a bullish trend and this may further extend to a $0.0001200 resistance level resulting in intraday gains for the buy traders.
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 pair is making its way up to the new resistance levels in its higher time frame. The price bar is below the moving average line, indicating its bearish trend. This is due to the inflows of the short traders in the market which will soon be hibernated as the bulls are now set to take us higher to the new resistance levels.
The sustained bearish pressure at the $0.000029 support value during yesterday’s session has made the crypto price drop below the trend line in its recent price level.
After completing the low-dips at the $0.0000259 low value, the coin price found a reliable resistance today at the $0.0000275 supply value as a pullback below the moving averages as the daily session resumed today.
Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present. A strong breakup above the $0.0000940 resistance level would strengthen the bullish pressure.
Similarly, the Lucky Block price may likely continue its journey up north as indicated by the daily stochastic which is pointing in an upward direction at the oversold region. This means that the selling pressure has ended; we can therefore expect the upcoming bullish correction phase to reach a high at the $0.0001200 value soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block is in a bearish momentum in its medium-term view. The trend has just resumed its rising pattern to the new resistance levels but has not yet reached its goal. 
The price drop to the $0.0000257 low value during the previous action has made the coin price trade below the supply levels in its recent high. This will soon be invalidated as the trend is now on its way to the new resistance trend levels.
The aggressive move by the bulls pushed the LBLOCKUSD price up to the $0.0000275 resistance value below the moving average lines as the 4-hourly chart opens today. This suggests that buyers are coming in a grand style to dominate the market and sellers are getting weaker.
Thus, a possible breakout from the mentioned supply will accelerate the buying momentum and push the prices of Lucky Block higher to hit the previous high at $0.0000450 level, bolstering buyers for a sustainable rally.
Notably, the pair is in an uptrend on the daily signal. Hence, if the buy traders successfully keep the LBLOCKUSD prices above the $0.000040 high level, the target might be the $0.0001200 upper supply level soon in its medium-term time frame.
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