Lucky Block Price Prediction – March 23
LBLOCKUSD price is very likely to turn positive soon. The crypto is now set for an upswing as the market is oversold already. The coin may likely reclaim another crucial supply level soon as it is about to resume its bullish race. Cryptocurrency is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the price may likely turn positive to reach the $0.0001200 upper supply level and beyond.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD indicates a downward trend and is well set for an upswing in its long-term perspective. The price bar can be seen below the moving average lines and has confirmed its bearishness.
The interference of short-term traders to the $0.0000340 low level in the past few days has contributed to its bearish momentum in the recent low.
The drop in the price of Lucky Block to the $0.0000393 low value as the daily chart commenced today is due to the high bearish impact on the crypto. However, traders who buy in the bearish market will also make more future gains.
Currently, the bulls are set for an upswing. Therefore, if buyers eventually wrestle trend control from sellers and rebound from $0.0000393 support, a breakout above the trend line is needed to confirm the potential Bull Run.
Additionally, the Lucky Block price is set for an upswing as shown by the stochastic oscillator pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.0001200 resistance value in the days ahead as the LBLOCKUSD price is set for an upswing in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair is also bearish, meanwhile, the price is set for an upswing soon as we can see new correction taking place in its medium-term outlook.
Lucky Block is possibly making its way up after hitting the $0.0000393 level to overcome support to signal a pump-up. It looks like the price is set for an upswing and will want to bounce up again in the medium term.
The market coin price which increases to a $0.0000398 high level below the moving averages as the 4-hourly session opens today suggests the return of the bulls to the market and an improved bullish market sentiment. Thus, closing the 4-hourly session above the $0.0001099 high mark will put the trade more on the buy side and encourage buyers for more upswings.
Next, the coin is in an upward direction on the daily stochastic, therefore, if additional selling power is prevented, a post-retest rally may drive the prices high to hit the $0.0001200 resistance value as soon as the coin price is set for an upswing in its medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
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