Lucky Block Price Prediction- March 11
LBLOCKUSD pair looks promising at the moment while setting the base for the next upswing rally. If all the support levels hold and the bulls act more aggressively, LBLOCKUSD may likely surge further to the upside. The coin price may rise as high as $0.01000 value.
Levels:
Resistance levels: $0.0002200, $0.0002300, $0.0002400
Support levels: $0.0001600, $0.0001500, $0.0001400
LBLOCKUSD Long-term Trend: Bearish (4H Chart)
LBLOCKUSD is in a bearish market zone in its long-term perspective. This is due to the inflow from the short traders.
The bearish impact on the crypto to the $0.0001453 support level during the previous action has sustained its price below the supply levels.
The bulls are trying hard not to fall again as the market value of the coin jumped to a $0.0001469 high value shortly after the commencement of the 4-hourly session today.
Hence, if the coin buyers manage to break above the $0.0001875 previous supply trend line, the market participants may witness a new recovery rally.
Also, the daily stochastic of the Lucky Block market is showing an upward trend, which suggests that the selling pressure has subsided and that the next bullish ride may likely soon reach the $0.01000 resistance level as the bulls seek out further gains from a long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The LBLOCKUSD market is moving upward, according to the chart’s medium-term period. The pair is being pushed higher at the $0.0001500 resistance level by the ongoing bullish pressure, which was also present in the prior action.
The bullish candle at the $0.0001469 supply level above the EMA-9 as the 1-hour session gets underway today so confirms continuation to the north. This means that our confidence in a possible purchase may increase.
Hence, as momentum continues to rise in its medium-term time frame, purchasers must step up their efforts to foresee a bullish increase in the market above the present price level in order to hit a significant level at the $0.01000 resistance mark and beyond.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply