Lucky Block Price Prediction – April 15
LBLOCKUSD‘s upward move might reach the resistance level as the new correction has just begun on both outlooks. The bulls are active in the market at the moment, the coin price could continue to rise upward and break the previous supply level at $0.0000940. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels and the $0.0001200 upper resistance level might be reached.
Key Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000350, $0.0000300, $0.0000250
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block‘s price is on its way to the resistance. Its upward move might reach the crucial level at the upside soon on the daily chart.
The price responded to the shift in the market structure and is currently trading below the moving averages.
The bears’ pressure on the coin at the $0.0000260 support value during the last 24 hours has dropped the crypto price below the supply trend levels in its recent high. However, the scenario is about to change as the bulls have just started another upward move below the supply levels.
The price of Lucky Block which is currently trading below the moving averages at the $0.0000275 supply mark as the daily session opens today implies that the bulls are gradually coming into the market to resume the upward move.
Meanwhile, traders may use the opportunity now and pick up the token at a lower price for more gains in the future.
Thus, a possible breakout from the mentioned supply will accelerate the buying momentum and push the prices of Lucky Block higher to hit the previous high at $0.0000940 level, bolstering buyers for a sustainable rally.
Hence, the LBLOCKUSD is unlikely to fall again as the market now points in an upward direction, this means that the pair may likely continue with the upward move if the current support level at $0.0000260 holds. The upward move might reach the $0.0001200 supply mark in the days ahead in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block is facing the resistance level and the upward move could go a long way to the crucial level in its medium-term outlook. The coin also awaits a bullish trend opportunity as we can see the new correction set in place. 
The sustained pressure from the bears at the $0.0000260 support level in the past few hours has contributed to its bearishness in its recent price level.
The price pullback at $0.0000274 which further rises to a $0.0000275 high level below the EMA line as the 4-hourly chart opens today is an indication that the coin is traded by the buy traders and the upward move might reach the overhead level soon.
Thus if this bullish growth pattern and upward move is steady, an established uptrend above the supply level will be achieved.
Notably, the market is pointing up on the daily stochastic; this means that the crypto is open for bullish growth, in light of this,
the LBLOCKUSD upward move might reach the $0.0001200 supply trend mark, thus registering a buy signal for coin traders soon in its higher time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply