Lucky Block Price Prediction- April 4
Lucky Block‘s price is facing an increase in buying pressure. The coin price could continue to rise upward if it breaks the previous high at $0.0003429 value. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels and the $0.02000 upper resistance level might be reached.
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 momentum on the higher time frame (4H) is bullish. The LBLOCKUSD price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The bulls’ pressure on the coin to the $0.0002692 resistance value in the past few hours has sustained the crypto price above the supply trend levels in its recent high.
The price of Lucky Block which is currently trading above the two moving averages at the $0.0002311 support level as the 4-hourly session opens today implies that the momentum in the price of the coin is in an uptrend in the context of the strength of the market.
In case the bulls try to increase their pressure, the resistance level of $0.0002890 may be tested which may be broken upside, and the price increases to the $0.0003429 supply value and beyond.
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 momentum if the current support level holds. The bulls may reach the $0.02000 supply mark in the days ahead in the long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The LBLOCKUSD pair remains in the bullish market zone in its medium-term view. The price staying above the supply trend levels confirms its bullishness and the high impact of the bulls.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent high.
The market price of Lucky Block at the $0.0002311 supply level above the two EMAs as the 1-hourly chart opens today is an indication that the coin is traded by the buy traders, this also connotes more intraday gains for the buy investors.
Next, we can expect the emergence of more buy investors soon as indicated by the daily stochastic. The next bull race may reach the $0.02000 supply value as we watch the bulls take over the market conditions sooner in its medium-term perspective.
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