Lucky Block Price Prediction- March 16
There is an expectation for the Lucky Block price to swing up to the $0.0001200 level as the coin is on its way to the new resistance trend levels. The coin price may likely increase further, provided buyers don’t give up and increase their momentum pressure in the market. Should buyers manage to break up the pattern’s resistance trend line at the $0.0001099 high value, a possible relief rally may drive the coin market price to the $0.0001200 resistance mark and beyond, which indeed will be a turnaround for the coin holders.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block bulls are set to further swing up the coin price to the upper resistance zone following the new correction phase that is currently coming up in its higher time frame. The price bar can be seen slightly below the moving averages, this is due to the high impact of sellers.
The high order flow of the bears to the $0.0000322 low value during yesterday’s session also added to this bearishness. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
At the time of writing this article, the bulls made a pullback at the $0.0000466 high level below the EMA-50 as the daily session opens today which indicates that the bulls are returning gradually into the market to swing up the prices and dominating the price action of LBLOCKUSD market. This gives room for a more bullish impact on the market at the moment.
However, long-term traders can grab this short bullish upswing to the overhead resistance, but the fate of LBLOCK’s near future price depends on the range breakout.
Adding to this, there is a tendency for the coin to swing up, if the support level holds, this will enable buyers to take the crypto price up to a high of $0.0001200 level soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD indicates a downward trend and it is set to swing up in its medium-term perspective. The coin is trading below the EMA-50, indicating a bearish trend. 
However, the market is presently facing resistance at the recent high due to the returns of the bulls into the market at the present.
The sustained bearish pressure at the $0.0000322 support value in the past session has made the crypto price drop below the supply levels in its recent price level.
The price action which swings up from the $0.0000437 level to the $0.0000444 resistance level below the moving averages as a retracement move, affirms the presence and the impact of the bulls in the market.
Thus, closing the 4-hourly session above the $0.0001099 high mark will put the trade more on the buy side.
Hence, the Lucky Block pair is pointing up on the daily stochastic means that the crypto may continue to swing up and suggests a possible recovery of the $0.0001200 supply level in the days ahead in the medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
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