Lucky Block Price Prediction- May 2
The LBLOCKUSD price is set to rise further which is another opportunity to buy. The coin price is actually on its way to the critical supply level. The bull run may likely continue provided the buy investors add more strength to their actions and push the coin upward. The coin might turn upside further to the $0.01000 high level and beyond.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001700, $0.0001600, $0.0001500
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD remains in a bullish trend in its long-term outlook. The Bulls are really trying not to fall this time around. Further, the coin prices are traded above the EMA-9, this confirms a bullish trend.
The sustained bullish pressure pushed the currency pair up to the $0.0001905 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain firm in an uptrend in its recent high.
The bulls made an increase to the $0.0001834 supply value above the EMA-9 shortly after the 4-hourly chart opened today. This indicates that the buy investors are actually dealing in the coin investment.
However, the currency pair could grow further if the buy traders managed to break up the $0.0002692 previous high level, maintaining a further growth potential for the buy traders.
Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is therefore expected of buyers to push the price of Lucky Block further up to a significant level and in this case, the target might be the $0.01000 upper resistance level in the days ahead in its medium-term view.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The high inflows from the buy traders now made the LBLOCKUSD price trades in the bullish trend zone in its medium-term outlook.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent price level.
The price drop to the $0.0001823 low value above the two EMAs as the 1-hourly chart opens today, has no serious effect on the coin as the price remains in an uptrend. Hence, staying above the supply levels indicates a strong possibility for a bullish correction.
A strong breakup above the $0.0002098 resistance point would strengthen the bullish pressure.
Additionally, the coin market will rise further as shown by the price indicator which is pointing upwards, if the buy traders should increase their price actions, and the bulls could exchange hands with the short traders at the mentioned support value, the Lucky Block price may likely turn upside to reach a significant level at a $0.01000 resistance mark in the days ahead in its medium-term time frame. This signals a BUY trade again in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply