Lucky Block Price Prediction- March 20
It is about time for the LBLOCKUSD price to rise above the $0.0001749 supply level. The coin price could rise significantly provided the buy traders don’t give up and increase their momentum pressure in the market, the crypto price might further extend to a $0.02000 high level and beyond.
Levels:
Resistance levels: $0.0001800, $0.0001900, $0.0002000
Support levels: $0.0001200, $0.0001100, $0.0001000
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair is trading in a bullish market in its long-term outlook. This is due to the high influence from the buy traders. The coin was able to reach a high of $0.0001226 level in the previous action and has sustained the price above the resistance trend level in its recent high.
Today, after hitting the $0.0001202 support value mark, the Lucky Block price pullback to the $0.000140 supply level above the EMA-9 as it forms a resistance zone.
This bullish correction however, indicates a gradual improvement in market sentiment and leads to more intraday gains assets to higher prices.
Additionally, the price of Lucky Block might possibly rise up above its previous high at the $0.0001749 value soon as the coin market price remain in an upward direction on the daily stochastic. This will compel the bulls to extend the crypto price to the $0.02000 resistance value and beyond in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The currency pair is showing a bullish sentiment on the medium-term time frame. The price actions can be seen above the moving averages.
An increase pressure from the bulls to the $0.0001222 high level in the past few hours has sustained the crypto price above the supply levels in its recent high.
Buyers made an aggressive move up to the $0.0001240 resistance level above the two EMAs shortly after the 1-hourly chart opens today. This shows the high impact of the bulls on the crypto as the market remains in an upward trend zone.
Thus, trading above the moving averages will enable the market value of Lucky Block to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, $0.02000 upper resistance level might be reached soon in its medium-term perspective.
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