Lucky Block Price Prediction- March 22
LBLOCKUSD is now facing the positive side having finished with the lows. The coin price may possibly rally up to retest the 0.0003429 supply level. So, a breakout above the mentioned previous supply level would disprove the bearish theory and result in a change of strategy for buyers. A high value of $0.02000 may be reached in this fresh bullish trend.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001400, $0.0001300, $0.0001200
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The market value of LBLOCKUSD is in a bullish trend in its long-term outlook. The price currently trades above the moving averages on its way to the upper resistance and has confirmed its bullishness. The pair made it to the $0.0003429 resistance level during yesterday’s session and sustained it; this has made it possible for the crypto price to remain firm in an upward trend in its recent high.
The ongoing correction at the $0.0002380 resistance mark above the supply trend levels as the 4-hourly chart resumes today indicates that the buy traders are actually investing in the coin. This new pattern will also improve and stabilize the aggressive buying from the previous rally.
Also, the stochastic oscillator, which is pointing upward, indicates that the price of Lucky Block will probably continue to rise and might possibly retest the previous high of $0.0003429 level which could further extend the coin price to the $0.02000 resistance trend levels in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The Lucky Block price also trades above the moving averages in its medium-term perspective, this means that the coin is in an uptrend. The bulls are dictating the market conditions at the present.
The bulls’ high order at the $0.0003429 supply level in the past few hours has sustained the crypto price above the trend lines in its recent high.
The coin price is now strongly trading above the moving averages with huge volumes from the bulls at the $0.0002500 high value. Thus, the recent market structure has favored the bulls.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices.
More upsides are expected as buyers are seen clustering around the market, it is therefore possible for the bulls to continue with this rally to retest the $0.0003429 supply value which might further hit the $0.02000 high value in the latter days in its medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
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