Lucky Block Price Prediction- April 12
LBLOCKUSD has been in a downtrend for a while and is on the verge of reversal at the moment, the coin may turn upside and hit the $0.0003429 resistance value if all the supports hold in place and the bulls add more efforts to their buying motives. This may swing up the crypto price to a $0.01000 supply level and beyond.
Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001600, $0.0001500, $0.0001400
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin price can be seen above the EMA-50 with its wick touching the EMA-9. This is an indication of an uptrend.
The bulls’ action at the $0.0002024 supply level in the previous session has sustained the coin price above the supply level in its recent price level.
Earlier today, the bulls’ action increases the price of Lucky Block up to the $0.0002019 high mark above the two EMAs even as the 4-hourly session opened today. Sellers overridden this pattern and dropped the coin price to a low at $0.0001901 value above the EMA-50. Hence, staying above the supply levels indicates a strong possibility for a bullish correction.
Should buyers prove strong and move the coin price above the previous high at the $0.0003429 trend line, further selling pressure will be invalidated. Meanwhile, traders who buy the coin during the bearish trend will also make profits.
In addition to that, there is a possibility for the occurrence of another bullish cycle soon as the LBLOCKUSD market now approaches the oversold region. The crypto may likely pull back at the mentioned support and begins the bullish correction trend. This may break up the $0.0003429 previous high which might possibly hit the $0.01000 resistance value in the coming days in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bearish (1H Chart)
The price of Lucky Block is in a bearish move in its medium-term outlook. The prices are seen slightly below the moving averages, this is due to the brief return of sellers which may soon fade off. 
The high pressure from the bears to the $0.0001870 support level has dropped the coin price below the supply levels in its recent price level.
Earlier today, the bulls’ action increases the price of Lucky Block up to $0.0002019 high mark
above the moving averages even as the 1-hourly session opens today. The bears overrode this pattern and dropped the coin price to a low of $0.0001901 value below the two EMAs.
Further, if the bulls could push higher and additional selling power is prevented, the price may likely break up the previous high of $0.0002158 value which could further extend to a $0.01000 upper resistance value resulting in more intraday gains for buyers in the days ahead in its medium-term outlook.
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