Lucky Block Price Prediction – March 22
The market value of LBLOCKUSD will rise from the support level and the pair can experience another speedy upward move potential. The crypto’s price may continue its upside moves below the supply level to retest the $0.0000940 previous high level which could further target the $0.0001200 supply amidst the market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is bearish in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages. However, there is about to be a turnaround for the crypto-buy traders as the price action is about to rise from the support level.
The price drop to the $0.0000342 low value in the past few days has made the coin price trade below the supply levels in recent times. This will soon be invalidated as the trend has just resumed its rising pattern but has not yet reached its goal.
Actions from buyers have also increased the Lucky Block price further up to the $0.0000378 resistance value below the supply level as it begins to rise from the support. More gains are possible if the bulls can put extra effort into the price action.
Next to that, the momentum indicator pointing upwards in the oversold region of the daily stochastic suggests the continuation of the bullish trend. The price might rise from the support level to retest the $0.0000940 supply value which could further expose the LBLOCKUSD price to a $0.0001200 higher level in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The LBLOCKUSD pair is in a bearish movement zone in its medium-term outlook. This is due to the inflow from sellers.
The bearish pressure at the $0.0000364 support level in the past few hours has made the coin price remain below the supply trend levels in its recent price level.
Further, the price is gathering momentum and has decided to rise from the support level and face the upsides to achieve more gains.
The bulls corrected the $0.0000376 supply value below the EMA-50 to resume its uptrend. This will encourage the buy traders to invest in the crypto, as possible future gains are certain.
Meanwhile, the Lucky Block pair has a target price of $0.0001200 supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days from a medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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