Lucky Block Price Prediction- March 14
Lucky Block price is facing an increase in buying pressure as the bulls aim to push higher. The coin price could continue to rise upward if it breaks the previous high at $0.0001810 value, the coin might likely climb up to hit the $0.02000 supply level and beyond.
Levels:
Resistance levels: $0.0001900, $0.0002000, $0.0002100
Support levels: $0.0001300, $0.0001200, $0.0001100
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Despite sellers’ interference, the LBLOCKUSD price is still moving in a bullish trend. Price is once more trading above the supply trend lines. Yet, this supports the impact of more bulls being present on the coin.
The bulls’ pressure on the crypto to the $0.0001330 resistance level in the past few hours has moved the price up above the supply trend levels in its recent high.
The coin price encounters strong resistance above the EMA-9 at around $0.0001438, as the 4-hourly chart opens today, leading to intraday increases. Thus, maintaining above the resistance trend lines suggests a high likelihood of a bullish correction.
Hence, the Lucky Block price however shows the continuation of bullish sentiment on the daily stochastic. This means that the downside risk remained uncertain. Thus, the bulls may likely push higher and the target might be the $0.02000 high level in the days ahead in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
LBLOCKUSD remains bullish on the higher time frames. This is clear as we can see the prices trading above the moving average lines indicating an uptrend.
However, the previous action at the $0.0001438 high level in the past few hours has really sustained the coin price to remain above the trend lines.
Today, the bulls made an upward move to the $0.0001294 supply value. The Lucky Block market is trading above the two EMAs at the aforementioned resistance level as at the time of writing this article, if the bulls should increase their price action and bullish momentum is sustained, the current correction would be extended.
However, with the price signal which is pointing upwards, if buyers should intensify their tension in the market and the prices break above the current resistance trend line, a bullish trend continuation to the overhead resistance of $0.02000 is possible soon in the medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply