Lucky Block Price Prediction- April 3
The LBLOCKUSD price remains in an uptrend despite the moves from the sell traders. The coin has recently engaged in a bullish surge, and it appears that this trend will continue. As a result, a further uptick in bullish activity may cause the price action to rise and break up the previous high at the $0.0003429 mark, this may extend the price movement to the $0.02000 resistance trend line and beyond.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002000, $0.0001999, $0.0001998
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD is in an upward trend with a bullish sentiment in its long-term perspective. The coin price can be seen above the two EMAs on the 4-hourly chart. This is due to the high inflows from the buy traders.
The coin has been having a series of bullish movements in the past action which has enabled it to remain in an uptrend in its recent high.
Today, after the bulls smoothly increased the price of the coin to a high of $0.0002890 value, interaction from sellers caused the price to drop to a low of $0.0001838 level, which is above the moving average. This indicates that the market is still dominated by coin buyers who are investing in the coin at the present.
Hence, staying above the moving average lines makes it capable for the coin to rise further, thus, a break above the $0.0003429 supply value would nullify any further bearish thesis. If this is achieved, the bulls might push the price of Lucky Block up to the $0.02000 resistance mark in the latter days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The LBLOCKUSD pair is in an upward move in its medium-term outlook. This is because long traders are more actively involved in the order flow.
The bulls also made an upward move to the $0.000218 resistance level before the end of yesterday’s session. This gave buyers more strength to remain in an uptrend in its recent high.
The bulls aren’t giving up, the rise in the price of Lucky Block to the $0.0002116 supply value above the two exponential moving averages as the 1-hourly session begins today shows that the buy traders are currently in control of the market. Traders are urged to take advantage of this trend and purchase the coin now to enjoy future gains.
Further, the daily stochastic also indicates an uptrend, should the bulls prove strong and resist the additional selling power the price of Lucky Block may likely hit $0.02000 soon in its medium-term time frame.
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