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Lucky Block Price Prediction: LBLOCKUSD Awaits Bullish Opportunity

Johnathon Fox
04/13/2024 | UPDATED ON: 04/13/2024

Lucky Block Price Prediction – April 13
The market value of LBLOCKUSD presently awaits a bullish opportunity as the trend has just resumed its rising pattern but has not yet reached its goal. The crypto’s price may continue its upside moves to retest the $0.0001099 previous high level if all support levels hold. If this is achieved, the coin buyers could target the $0.0001200 upper supply mark

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)
LBLOCKUSD is bearish and awaits a bullish opportunity in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages.
Lucky Block Price Prediction: LBLOCKUSD Awaits Bullish Opportunity
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.

Today, from a 24-hour low of $0.0000272 value, Lucky Block bulls swept the bearish momentum under the rug by pushing the price action to an intra-day high of $0.0000287 level below the EMA line as a pullback as the daily chart opens today. Meanwhile, traders may use the opportunity now and pick up the token at a lower price for more gains in the future.

The coin price awaits a bullish opportunity as the coin buyers are anticipating the next resistance level of $0.0001099 previous resistance level to encourage the coin traders for a buying potential.

Adding to this, the market is now pointing up on the daily stochastic. This means the crypto market awaits a bullish opportunity: therefore, bullish pressure is crucial at this moment.

Hence, the bulls are to turn around the price of LBLOCKSD and the target might be the $0.0001200 supply value in the days ahead in its higher time frame.

LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block is in a bearish trend market zone in its medium-term outlook. The coin also awaits a bullish opportunity as we can see the new correction set in place.
Lucky Block Price Prediction: LBLOCKUSD Awaits Bullish Opportunity
The sustained pressure from the bears at the $0.0000275 support level in the past few hours has contributed to its bearishness in its recent low.

Shortly after the commencement of today’s 4-hourly chart, the bulls caused a rise to a $0.0000287 high level below the moving averages. This suggests that the coin price awaits a bullish opportunity as the bulls are now prepared to push higher.

Meanwhile, it is worth noting that traders who buy the coin during the bearish market will also make more gains in the future.

Additionally, the Lucky Block price is in an uptrend on the daily signal. A strong push by the long traders above the $0.00004351 previous high point could signify a shift in the market dynamics which may extend the coin price to a $0.0001200 upper high level in its medium-term outlook.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Quant (QNTUSD) Price Set for an Upswing as Buyers Reclaimed another Supply Level
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