Lucky Block Price Prediction – March 15
LBLOCKUSD at the moment is preparing for the next jump. The coin price targets the $0.0001200 supply value amidst the current market surge. Meanwhile, if all the supports hold in place, the crypto’s price may continue its upside moves to retest the $0.0001099 previous high level which could further target the $0.0001200 supply amidst the market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD price targets the $0.0001200 supply value amidst the current market surge. The pair indicates a downward trend with a bearish sentiment in its long-term perspective.
This is due to the high inflows of the short traders in the market which will soon be hibernated as the bulls are now set to take us higher to the upper resistance area.
The sustained bearish pressure at the $0.0000480 support value during the previous session has made the crypto price drop below the supply levels in its recent price level.
After completing the low-dips at the $0.0000480 low value, the coin price found a reliable resistance at the $0.0000482 value as a pullback below the moving averages as the daily session resumed today.
Thus, the price of Lucky Block is set to advance further and targets the $0.0001200 supply level if the bulls can redouble their efforts and push above the current supply level.
Similarly, the LBLOCKUSD price may likely continue its journey up north as indicated by the daily stochastic which is pointing in an upward direction at the oversold region. This means that the selling pressure has ended; we can therefore expect the upcoming bullish correction phase to target the $0.0001200 high value in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block is in a bearish momentum in its medium-term view. The coin price targets the $0.0001200 supply level as it has just resumed its rising pattern but has not yet reached its goal. 
The price drop to the $0.0000475 low value during the previous action has made the coin price trade below the supply levels in its recent high. This will soon be invalidated as the trend has just resumed its rising pattern with its next price targets at $0.0001200 supply level.
The aggressive move by the bulls pushed the Lucky Block price up to the $0.0000482 resistance value below the moving average lines as the 4-hourly chart opens today. This suggests that buyers are coming in a grand style to dominate the market and sellers are getting weaker.
Currently, the cryptocurrency is correcting, there may be a potential rise in the price to a new resistance level and this may retest the previous high at the $0.00001099 supply level. If this is achieved by the bulls, the next price target might be the $0.0001200 upper high trend line in the coming days in its medium-term perspective.
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