Lucky Block Price Prediction – May 18
LBLOCKUSD price is ready to test the crucial $0.0001099 resistance level soon as it surges amid positive market momentum. The pair is currently experiencing a notable rise in market capitalization and trading volume. From the look of it, it will keep growing, if buyers should aggressively increase their activities in the market. The coin might further climb up to the $0.0.0001200 upper resistance level and beyond, increasing investors’ interest in the asset.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.0000200, $0.0000100
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD has seen a market surge in the last 24-hour and it’s ready to test the crucial supply soon in its higher timeframe. The coin price is slightly above the EMA-50, indicating a bullish trend.
The sustained bullish pressure pushed the pair up to the $0.0000321 resistance level during yesterday’s session and sustained it, this has made it possible for the coin to remain in an uptrend in its recent high.
Today, the market price of Lucky Block at the $0.0000340 high level which is slightly above the moving averages as the daily chart opens implies that the price is in an uptrend and from the way it is at the moment, it will keep growing.
However, if the buy traders successfully keep the coin prices above a $0.0000945 high value, a retest of the crucial $0.0001099 resistance level is possible soon.
Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price up to a high of $0.0001200 level in the coming days in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD market price is presently in the bullish market zone aiming to test the crucial resistance level soon on the medium-term outlook. This is a result of the substantial inflows from the purchase traders.
The bullish impact on the crypto at the $0.0000321 supply level during the previous action has sustained its firmness above the supply levels in its recent high.
Today’s market value of Lucky Block at a $0.0000340 supply value above the moving averages as the 4-hourly session opens today affirms the presence of more buyers in the market, traders are hereby advised to seize the opportunity and buy the coin now to have more gains ahead. Sustaining this level could pave the way for the crypto to test the crucial $0.0000398 resistance level soon.
In addition to that, with the daily stochastic pointing upwards, we can expect more bullish action, if all the support holds in place. The price of LBLOCKUSD might jump up to the $0.0001200 upper high level soon in its medium-term outlook.
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