Lucky Block Price Prediction- April 20
LBLOCKUSD price may likely jump above the current resistance level, should buyers triple their efforts to forecast a bullish increase in the market above the $0.0003429 supply value, a $0.02000 upper high level may possibly be reached.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The Lucky Block pair is bullish in its long-term outlook. The price now trades in a bullish market due to the high impact of the bulls. The price bar can be seen above the two EMAs which are glued together indicating an uptrend.
The sustained pressure by the bulls to the $0.0002170 resistance level during the past action has made the coin price remain in an uptrend in its recent price level.
The price finds a reliable resistance at around the $0.0001983 mark above the moving average lines as the 4-hourly chat opens today which resulted in intraday gains for the bulls.
Now, if the price on the 4-hourly chart closes above the $0.0002158 high value, then there is a high probability of the price going up to its recent swing high, which is the $0.0003429 level.
Buyers are expected to continue with the bullish trend as the stochastic indicator shows an upward direction. This implies that LBLOCKUSD price may likely continue its positive moves and a $0.02000 high level might be reached in the days to come in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The price of Lucky Block is in a bearish move in its medium-term outlook. The prices are seen slightly below the moving averages which are glued together; this is due to the brief return of sellers which may soon fade off.
Now, the current pullback at the $0.0001980 supply value as the 1-hourly chart opens today indicates the return of the long traders to stage a play and dominate the market actions.
Further, if the bulls could push higher and additional selling power is prevented, the price may likely break up the previous high of $0.0002200 value resulting in more intraday gains for buyers.
Hence, the LBLOCKUSD market is showing more upside possibilities as shown by the momentum indicator pointing upwards; we can certainly expect more gains and strength from the coin. The pair may likely grow to retest the $0.0002200 resistance level and further extend to a $0.02000 high mark in the days ahead in its medium-term time frame.
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