Lucky Block Price Prediction – June 1
The market price of LBLOCKUSD is likely to retest the $0.0001099 high level soon as it is time for the crypto to grow again. The coin price has just begun its new correction phase which appears to be entering the bullish phase. Based on the outlook, continuation to the upper resistance side is ensured if the resistance level rises above the $0.0001099 value.
Key Levels:
Resistance levels: $0.0000450, $0.0000500, $0.0000600
Support levels: $0.0000250, $0.0000200, $0.0000150
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block is possibly making its way up to retest the previous high after hitting the $0.0000245 support level to overcome selling pressure to signal a pump-up. It looks like the price will want to bounce up again in the long term.
Having updated the lows, the LBLOCKUSD price is now set for an upward momentum. The bulls have decided to shift the trend up after a series of lows shortly after today’s daily chart opens.
The pullback at the $0.0000273 resistance level suggests the returns of the buy traders in the market. The market participants are responding to this pattern, and its breakout should offer a good entry opportunity which might lead to a retest of the $0.0001099 high level if the bulls could add extra efforts to their buying forces in the market.
Next, there are more bullish runs to come as the market now points upward on the daily stochastic at the present, this suggests that the price of Lucky Block will still definitely rise further to retest the $0.0001099 previous high level and may likely hit the $0.0001200 upper resistance value in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
On the medium-term outlook, the LBLOCKUSD pair is also trending up and this may continue to retest the previous supply level soon as the bulls could not relent in any way. The price can be seen below the moving average facing the resistance in its recent high.
The sustained pressure from the bears at the $0.0000245 support level in the previous session has made the crypto price stay below the resistance levels in recent times.
Amidst the recent sell-off in previous action, the Dash 2 Trade price climbed up to the $0.0000273 mark, attempting the next bullish run. Thus if this bullish growth pattern is steady, an established uptrend will be achieved and this may lead the coin price to retest the $0.0000398 previous high mark.
In a like manner, with the daily signal pointing upwards, if buyers should intensify their efforts, the price might swing up to retest the $0.0003981 supply level and this may extend to a $0.0001200 upper high mark in the days ahead in its lower time frame.
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