Lucky Block Price Prediction- April 6
It is actually time to grow again for the LBLOCKUSD pair as the cryptocurrency price recovery is set to target the $0.02000 supply mark. The crypto has increased to the $0.0002010 resistance trend line and might actually face more upsides if the bulls increase their activities in the market. At the time of writing this article, the coin price has increased to a $0.0002043 high level and a $0.02000 upper high value might be the target.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001400, $0.0001300, $0.0001200
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
On the long-term outlook, the LBLOCKUSD market still trades in a bullish trend. The trend is rising and the price has not yet reached its goal.
The sustained bullish pressure at the $0.0002106 supply level during yesterday’s session actually made it capable for the buy investors to retain the strength in its recent high.
The price distribution of the Lucky Block at the moment has risen to a $0.0002043 high level which is above the EMA-50 and slightly below the EMA-9 shortly after the 4-hourly chart opens today, this indicates that bulls are gradually gaining access into the market at the present and may likely take over sooner. Thus, should the buy investors put more effort and closes the 4-hourly chart above the $0.0003429 supply trend line, further bearish sentiment will be invalidated.
Similarly, the price indicator which is also pointing up in the oversold region suggests that the coin is in an uptrend, this implies that the bullish correction pattern will definitely continue, if this is achieved, the $0.02000 upper resistance mark might be the target in the the the coming days in its long time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
LBLOCKUSD can be seen in an uptrend in its medium-term outlook. The price bar also trades above the EMA-9 indicating a bullish trend.
The coin price has been rising for the past few hours and has registered significant growth above the supply trend line.
The coin is losing bearish momentum as it rises to the $0.0002043 resistance level as the 1-hourly chart opens today. This, however, will trigger a new bull cycle and a potential buy for the interested buyers.
Hence, if the bulls add more potential to their buying pressure in the market, the potential upward rally may break up the immediate supply of $0.0002820 and $0.0003429 levels to reach the key areas at $0.02000 in the upper resistance trend line which might be the next price target of the Lucky Block pair in the nearest days in its lower time perspective.
You can purchase Lucky Block here. Buy LBLOCK
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