Lucky Block Price Prediction- May 6
Lucky Block‘s price is facing an increase in buying pressure and the upward surge might reach the $0.01000 supply mark. However, the coin could keep rising if the current supply at $0.0001816 value ignites a sharp increase and closes above the $0.0002681 resistance, the bullish rally may register a $0.01000 high value 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)
LBLOCKUSD registered a positive market in its long-term perspective. The order flows from the bulls affirms that the coin is actively traded by the buyers at the moment.
The pressure from the bulls to the $0.0001806 supply level in the previous action has sustained the coin price above the supply level in its present price level.
The coin holders made a ride to the $0.0001816 supply mark above the EMA-9 as the 4-hour session begins today. This, however, will trigger a new bull cycle and a potential buy for the interested buyers.
The potential upward rally may break up the immediate supply of $0.0002681 to reach the key areas at $0.0003500 in the upper resistance trend line.
Additionally, with buyers clustering around the market as indicated by the daily price signal, the price of Lucky Block is expected to hit the $0.01000 upper resistance mark in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
According to the chart below the LBLOCKUSD pair portrays a bullish market trend in its medium-term time frame. The price, wavering above the moving averages indicates the high impact of the bulls.
The coin has been having interference from the bulls in the past few hours, this has made the price remain in an uptrend in its recent high.
The impulse move by the buy traders to a $0.0001816 high level as the 1-hourly chart opens today indicates more strength in buyers’ commitment.
Further, if the crypto’s price breaks above the $0.0002050 resistance trend line, the breakout pattern or rally may lead to the $0.01000 supply mark in the days ahead in its medium-term time frame.
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