Lucky Block Price Prediction- April 28
The LBLOCKUSD price may likely continue to pump ahead as the coin looks really nice for the bulls at present. Thus, there is more likely for a rise in the price of the coin to test the previous resistance level of $0.0002890, should the buy traders put more effort into their trading activities, the current supply level may not hold and it may be exposed to another resistance level of $0.02000 and beyond.
Key Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001600, $0.0001500, $0.0001400
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The LBLOCKUSD market is in a bullish scenario as can be seen on the 4-hourly chart above. The price is currently recovering and trades above the two EMAs confirming an uptrend.
The sustained bullish pressure at the $0.0001849 level during yesterday’s session actually made it capable for the buy investors to retain the strength in its recent high.
Today, the buy traders push the price of Lucky Block up to a key level of $0.0002047 in the resistance area above the moving averages, an indication of an uptrend.
The spectacular rise in the price attracted the buy traders and initiates a distribution above the supply zone.
Hence, the emergence of more buyers is likely as indicated by the stochastic signal pointing up, this will accelerate the emergence of the bulls to move the coin price up to a significant level and $0.02000 upper high value might be the target in the day to come in the higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
From the medium-term perspective, the bears are losing momentum, as it rises above the moving averages. The currency pair’s orientation trades in a general bullish flow.
The coin has been having a series of moves by the long investors in the past few hours which has made it capable for the price to remain in an uptrend in its recent high.
The market was propelled higher by the bulls until it reached a new high of $0.0002028 level above the moving averages at the time of writing this article.
Further upsides are certain as indicated by the price indicator pointing upwards, this means that a further rise in the market value of the coin is certain in the medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
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