Lucky Block Price Prediction – March 26
The Lucky Block (LBLOCKUSD) price is likely to grow further and is an opportunity for long-term investors shortly. The crypto might continue growing as we are seeing a bullish correction in place. If the current support at $0.0000351 value holds, and the daily chart closes above the $0.0001099 resistance level, then there is a high probability of the price going up to the $0.0001200 resistance trend line.
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 pair is in a bearish market zone. The coin will grow further as we can see a new bullish correction taking place below the resistance level in its higher time frame. The price is currently recovering and trades below the EMA-50.
The price drop by the sell traders to the $0.0000351 low value during yesterday’s session has made the price of Lucky Block stay below the supply levels in recent times.
The coin price at a $0.0000380 resistance value below the EMA-50 as a pullback as the daily chart opens today, confirms the gradual return of the bulls into the market to stage a play.
Thus, the coin price will grow further if the buy traders can add more pressure to their buying actions in the market.
Further, the daily stochastic indicates an uptrend, in this case, the price of LBLOCKUSD might continue its bullish trend pattern and the price could grow to reach the $0.0001200 supply mark sooner in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The currency pair aims to grow further as the bulls are returning to the market gradually in its medium-term perspective. The price bar can be sighted below the EMA-50, this is due to the bearish impact on the Lucky Block market.
The interference of short-term traders to the $0.0000366 low level in the previous action has contributed to its bearish momentum in recent times. Meanwhile, the coin has begun its rising pattern, so the price will grow further.
The price increase to the $0.0000380 high level below the EMA-50 as the 4-hourly chart resumes today is a result of more commitment from the buy traders. However, traders who buy in the bearish market will also make more future gains. Buyers must redouble their efforts to forecast a bullish increase and grow further above the $0.0000880 high level.
Additionally, the daily signal also indicates that the LBLOCKUSD price will grow further by pointing in an upward direction.
Meanwhile, if the bulls could push harder and sustain the coin price above the $0.0001099 previous high, the resulting rally may surpass the $0.0001100 level and hit the $0.0001200 psychological level at the upside in the days ahead in its medium-term perspective.
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