Lucky Block Price Prediction- May 15
The LBLOCKUSD price remains bullish at the $0.0001704 resistance value. The coin price at the moment is currently recovering and also maintains its bullish race. The cryptocurrency is showing positive signs above the $0.0001636 supply value. If the coin holders could prove stronger and the price shows sustainability above the $0.0002681 previous high value, its upside moves could extend further to reach a $0.20000 high level and beyond.
Key Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001500, $0.0001400, $0.0001300
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Analyzing the chart above, we can clearly see that LBLOCKUSD is in a bullish market zone. The price currently trades above the two EMAs. This means that the coin is in an uptrend.
Buyers are confident about gaining higher levels and this confirms their high impact in the market at the present.
The sustained bullish pressure pushed the currency pair up to the $0.0001772 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain firm in an uptrend in its recent price level.
The momentum continues today as the bulls made a corrective move to a high at $0.0001704 supply mark above the supply trend levels as the 4-hourly chart opens today.
This shows the high impact of the buy investors on the Lucky Block market; likewise, the downside risk remained uncertain.
Hence, fresh entries by the buy investors toward the higher side are likely as indicated by the momentum indicator pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.02000 resistance value in the days ahead as the cryptocurrency maintains its bullish race in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
Despite the interference of short-term traders in the price flow, the Lucky Block market on the medium-term outlook shows a bullish race.
The coin price can now be seen progressing upward above the resistance trend lines matching the upper resistance levels. This shows that buyers are currently gaining more strength in the market.
The interaction from the buy traders increased the coin price up to a high of $0.0001735 during the previous action this made the price remain strong in an uptrend in its recent high.
Today, the bulls made an upward move to the $0.0001646 high value above the supply trend levels as the 1-hourly chart opens.
The LBLOCKUSD price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
In addition to that, trading above the moving averages will enable the market value of LBLOCKUSD to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, the $0.02000 resistance level might be reached soon as the coin maintains its bullish race in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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