Lucky Block Price Prediction- June 7
The LBLOCKUSD price is going to retrace and may surge above the $0.0003429 previous high soon. The coin price will most likely reverse and pull back to resistance after updating lows. If the price make a retest at a $0.0002890 high mark, then the price may jump up to hit the above mentioned previous high and further extend to the $0.02000 upper resistance level, which indeed would be an opportunity to buy for the coin investors.
Levels:
Resistance levels: $0.0002100, $0.0002200, $0.0002300
Support levels: $0.0001000, $0.0000900, $0.0000800
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block is bearish in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages.
The drop in the coin price to the $0.0001080 low value during yesterday’ session has made the price stay below the supply trend lines in its recent low.
The sell traders resumed the trend and further dumped the coin price to a low at the 0.0001023 support value below the two EMAs.
Thus, the price will still go up if the bulls should change their orientation and exchange hands with sellers at the current support level, the price of LBLOCKUSD may turn up to retest the $0.0002890 which will invalidate any further bearish theory. Further, investors can join the current trend and buy the coin now at a lower price so as to have more gains later.
Meanwhile, it is expected of the IBATUSD price to retrace from the $0.003082 low level to higher resistance mark as the coin market is oversold already. We now expect the crypto’s price to reach the $0.04000 high mark in the coming days.
Adding to this, the market value of Lucky Block is now oversold, it is expected of the coin price to retrace from the $0.0001023 low level to a higher resistance mark soon. If this is attainable by the bulls, then we expect the crypto’s price to reach the $0.02000 upper high mark in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The market value of LBLOCKUSD on the medium time frame now trades in the bullish trend zone. The price can be seen slightly above the EMA-9.
The bulls were able to push the cryptocurrency up to the $0.0001123 resistance value during the previous action and has enhance the price to stay in green ready for an upward performance in its recent times.
The price which now trades at the $0.0001126 supply mark slightly above the EMA9 is an indication that the bulls are actively buying the coin at the moment. This will eventually make the coin to gain more strength and push higher.
More upsides are certain as the price indicator shows that the price of Lucky Block is in an uptrend. It is expected that the coin hit the $0.02000 at the high side in the days to come as we watch the market turn bullish sooner in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
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