Lucky Block Price Prediction – April 8
The Lucky Block price witnessed a notable inflow from the long traders. The price jump may revisit the previous accumulation zone at the $0.0000940 high level if the buying interest is renewed. Hence, if the forces from buyers in the market should increase and the current support level at $0.0000279 holds, the coin price may swing up further to revisit the $0.0000940 previous high and expose the altcoin to a $0.0001200 upper resistance level, offering a suitable buy signal for the coin traders.
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 has resumed its rising pattern. Its price jump is to revisit the upper resistance value soon if additional strength is put in place by the bulls in its long-term perspective. The coin prices are below the EMA-50 which suggests its bearish trend.
The bears’ impulse move to the $0.0000279 support level in the past session has made the coin price remain below the resistance trend levels in recent times. Meanwhile, the next price jump by the bulls may revisit the upper high level soon.
However, on the daily chart at the time of writing this article today, the bulls made a jump to a $0.0000302 supply level below the moving averages as a pullback. The price jump may revisit the previous high level as the buying interest increases.
Thus, should the bulls change their orientation and push higher the Lucky Block price may jump further to revisit the $0.0000940 high mark.
Notably, the Lucky Block pair can grow further as indicated by the daily signal pointing upwards. In light of this, the coin price might jump up to revisit the previous high point at $0.0000940 and further extend to a $0.0001200 supply value in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD price may revisit the previous high soon on the 4-hourly chart. The price which is below the supply level is now finding its way to the resistance zone.
The high bearish impact on the crypto at the $0.0000 high level in the previous action has contributed to its bullishness in its recent high.
Right now the Lucky Block price is currently trading at the resistance level of $0.0000301 slightly below the EMA-50; this assures or confirms the bull’s gradual return to the market. Thus, the price jump may revisit the $0.0000543 high level soon if the bulls increase their buying interest.
Similarly, more jumps are ahead as the coin price suggests an uptrend on the stochastic oscillator which is pointing upwards. This means that the selling pressure is not likely to continue. In light of this, the bulls may likely revisit the mentioned resistance and further touch the $0.0001200 high value in the days ahead in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply