Lucky Block Price Prediction- March 30
LBLOCKUSD price shoots for the $0.02000 resistance value as it is now facing an increase in buying pressure. If the coin price breaks through the previous high at the $0.0003429 value, it may continue to rise upward and eventually reach the $0.02000 supply level and beyond.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0002100, $0.0002000, $0.0001999
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Despite the interference from sellers, the LBLOCKUSD price still trades in the bullish trend market. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The sustained bullish pressure pushed the pair up to the $0.0001745 high level during the previous action and has enabled the coin price to remain in an uptrend in its recent high.
The coin price rises up to a $0.0001605 high level above the two EMAs as the 4-hourly session begins today, this however indicates an uptrend in the context of the strength of the market.
Meanwhile, further upsides are likely as the price signal is pointing upward, this means that the upward rally will still continue and may likely break up the $0.0003429 high mark which might possibly hit the $0.02000 supply value in the coming days in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The price of Lucky Block can be seen in green above the moving averages on the medium-term time frame. This means that the coin is in a bullish trend zone.
The coin has been having a series of moves by the bulls in the past few hours and has made the price trade above the supply trend levels in its recent high.
Today, the bulls made an upward move to the $0.0001605 supply value. The cryptocurrency is trading above the two EMAs at the above-mentioned resistance level at the time of writing this article, if the bulls should increase their price action, and bullish momentum is sustained, the ongoing correction will be prolonged.
However, with the price signal indicating an upward move, if buyers should intensify their tension in the market and the prices break above the current resistance trend line, a bullish trend continuation to the overhead resistance of $0.02000 is possible soon in the medium-term perspective.
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