Lucky Block Price Prediction – May 11
Lucky Block is rising steadily today and also indicates a buying time as the price is currently running a bullish race. The coin price is going upward at the moment and might possibly move higher above the current resistance level at $0.0001900, if buyers should exert more force into the price action in the market, the $0.0002681 high trend line might be retested soon. Thus a clear buy signal and intraday gain for the coin buyers.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001600, $0.00015000, $0.0001400
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Lucky Block‘s price is in a bullish market at the moment. Further, the coin is trading above the moving averages making higher highs and moving toward the upper resistance area. This looks nice for the buying trader and signifies a buy signal.
The bulls have sustained the crypto market at the $0.0001800 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger.
The bulls caused a rise to the $0.0001900 high level above the moving averages as the 4-hourly chart opens today. This indicates that the traders are actively buying at this level. A possible breakout from the mentioned supply level will provide a higher float for buyers and prolong the ongoing recovery.
Hence, the market is pointing upwards on the daily signal; this will quicken the emergence of more buyers to move the price of LBLOCKUSD up to a significant level on the upside and this might hit the $0.02000 upper resistance trend mark as the Lucky Block market continues in its bullish correction pattern in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The coin also trades in a bullish trend market in the medium-term outlook. This is due to the high impact of long-term traders on the price flow.
The bullish pressure on the crypto in the past few minutes has sustained the coin price above the supply trend lines.
The impulse move from the buy traders has really pushed the price of Lucky Block up to a $0.0001729 high level above the moving averages shortly after the 1-hourly session opens today. This will enable buyers to influence the price tendency and further its rising pattern.
Hence, we have a bullish bias that the coin price will continue the bullish trend as indicated by the daily stochastic which is pointing up. If the buying pressure should increase, there may be a potential rise in the LBLOCKUSD price and this might possibly retest the previous high at the $0.0001982 supply level which might further extend the coin price to the $0.02000 high trend line in the coming days in its lower-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
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