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Lucky Block Price Prediction: LBLOCKUSD Price Will Jump Soon, Watch out for BUY!

Johnathon Fox
03/18/2024 | UPDATED ON: 03/18/2024

Lucky Block Price Prediction – March 18
LBLOCKUSD price will jump soon as the coin at the moment is preparing for the next probable increase in the assets’ price. The selling pressure has ended and the coin price is now facing the resistance levels for an upward movement. Conversely, if the coin prices sustain above the level of $0.0000940, the bulls’ trend would continue upward and hit the $0.0001200 upper high level.

Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000450, $0.0000400, $0.0000350

LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD price will jump soon, the pair seems to have pulled back a little but the overall trend is still bearish in its long-term outlook. Further, the price is trading below the EMAs; which means that it’s in a bearish market zone at the moment.
Lucky Block Price Prediction: LBLOCKUSD Price Will Jump Soon, Watch out for BUY!
The sustained bearish pressure at the $0.0000407 low level in the past few days has made the cryptocurrency price remain below the supply trend levels in its recent price level. Meanwhile, the coin price will jump soon as the new correction has just begun below the supply levels.

The bull race caused a rise in the price of Lucky Block from the $0.0000418 level to a $0.0000502 high value below the moving averages. Such lower price rejection indicates that buyers are defending this level and the price will jump soon. Hence, a strong push above the $0.0000904 supply level will offer strong resistance to the crypto price.

More to that, the LBLOCKUSD market sentiment suggests an uptrend on the daily stochastic, which means that the coin price will jump soon. It is therefore expected of buyers to push the crypto price further up to a significant level and in this case, the target might be the $0.0001200 supply level in the higher time frame.

LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The bulls also claim that the Lucky Block price will jump soon as the price now commences its new bullish momentum below the supply levels in the medium-term outlook. This is due to the high impact of the short-term traders on the price flow.
Lucky Block Price Prediction: LBLOCKUSD Price Will Jump Soon, Watch out for BUY!
The high bearish impact on the crypto at the $0.0000417 high level in the previous action has contributed to its bearishness in its recent price level.

The bulls however made a jump to a $0.0000502 high mark below the EMA-50 earlier today. With this current trend, buyers can pick up the price at a lower rate and move the LBLOCKUSD market further up.

The coin market price tends to jump soon, if the bulls increase their tension in the market, the price tendency will move above the key levels.

Hence, Lucky Block’s price will jump soon as shown by the momentum indicator pointing upwards. Thus, we can certainly expect more gains and strength from the coin. The pair may likely reach the $0.0001200 resistance level in the days ahead in its medium-term time frame.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Quant (QNTUSD) Price to break up at the $153.83 Level
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