Lucky Block Price Prediction- March 28
The Lucky Block price is a bit positive at the present and the price might possibly head to the previous high of $0.0003429 value. Thus, a sharp breakout and closure by the bulls above the $0.0002599 high value will invalidate any bearish thesis and the price might further hit the high of $0.0003429 resistance level and beyond.
Key Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001600, $0.0001500, $0.0001400
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The LBLOCKUSD market is in a bullish scenario as can be seen on the medium-term chart above. The price is currently recovering and trades above the EMA-9 confirming an uptrend.
The coin price which dropped down to a low at the $0.0001491 level in the previous action has been rejected by the bulls to the $0.0001753 and has sustained its upward trend in its recent high.
As a result of rejection, buyers pushed the price of Lucky Block higher to the $0.0001597 high level above the EMA-9 as the 4-hourly session opens today. This signifies that the buy investors still remain dominant in the market and are actually buying the coin.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains to higher prices.
In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the bullish rally may therefore head towards $0.0003429 in no long time on the long-term chart.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
Lucky Block remains also bullish on the medium-term outlook. Further, the coin price is traded above the EMA-9, this confirms a bullish trend.
The coin made it to the $0.0001543 high level during the previous action and has made the price remain above the supply trend level.
The drop in the coin price to the $0.0001532 low value above the EMA-9 as the 1-hourly chart opens today has no serious effect on the market as the price remains in an uptrend.
The long-term traders can grab this short bullish upswing to the overhead resistance, but the fate of LBLOCKUSD’s near future price depends on the range breakout. Should the bulls change their orientation and push harder, the price of Lucky Block might turn positive to retest the previous high of $0.0002599 which may nullify further bearish thesis.
Meanwhile, the coin price is also pointing upwards, this suggests that the coin price may likely continue and remain in an upward direction and the $0.0003429 previous supply trend line might be the target in the days ahead in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
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