Lucky Block Price Prediction- April 10
The market value of the Lucky Block may possibly bounce up further to reach a significant level of $0.02000 in the resistance area. This can be achieved if the current support level at $0.0001960 holds bulls, additional force by the bulls may likely increase the coin price to the mentioned supply level.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0006900, $0.0006800, $0.0006700
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Analyzing the chart above, we can clearly see LBLOCKUSD is in a bullish market zone. The price currently trades above the two EMAs. The pair made it to the $0.0002001 resistance level during yesterday’s session and sustained it.
The market price of Lucky Block is currently trading at the $0.0001928 support value above the two EMAs in the long-term outlook. This is due to the inflow from the short traders.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong breakup above the $0.0003429 resistance point would strengthen the bullish pressure.
However, the market value of LBLOCKUSD may likely bounce up to the upside if the bulls could add more aggression to their buying activities and exchange hands with the bears at the $0.0001928 value, the bearish thesis would get invalidated. In light of this, the coin price might possibly be turned up from the mentioned support and jump above its previous high of $0.0003429, which could hit the $0.02000 upper resistance level in the days ahead in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The coin is in a bullish movement zone in its medium-term outlook. This is due to the inflow from the buy investors. The coin made it to the $0.0001926 supply value and has enhanced the price of Lucky Block to remain in an uptrend.
Earlier today, the bulls’ action increases the price of LBLOCKUSD up to the $0.0002043 high mark above the two EMAs even as the 1-hourly session opened today. Sellers override this pattern and dropped the coin price to a low of $0.0001958 value after which the bulls made a correction to the $0.0001959 level.
Should buyers prove strong and move the coin price above the previous high at the $0.0002688 supply trend line, further selling pressure will be invalidated, as a result, the bulls’ target might be the $0.02000 upper supply level in the coming days in the medium-term perspective.
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