Lucky Block Price Prediction – March 29
It is time for the LBLOCKUSD to rise again. The coin market has been in a bullish rally in the previous action and from the look of it, it will keep growing. The bull race may likely continue into the key psychological level of $0.01000 supply value and beyond before we see any signs of buyers slowing down if the buy traders should put more aggression into the market.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001800, $0.0001700, $0.0001600
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block price is set for a rise, following the recent upswing in the crypto market. The coin is losing bearish momentum gradually as it begins its rising pattern below the resistance level in the long-term perspective. 
The bears’ intervention at the $0.0000350 support level during yesterday’s session is the cause of its bearishness in its recent low. However, the crypto is set for a rise as new correction can be seen below the supply level at the moment.
The doji candle at the $0.0000395 high level below the supply level as the daily chart commences today suggests that the Lucky Block market is set for a rise and a swift increase is expected to follow soon. Further, traders may seize the opportunity and buy at the bearish market as well to have more gains ahead.
However, the pair could rise further if the long traders can break up the $0.0001099 previous high level, maintaining a further growth potential for the buy traders.
Notably, the Lucky Block market is oversold. The pair can rise further as indicated by the daily signal pointing upwards. In such a case, the coin price might push higher to reach the $0.0001200 supply value in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Based on the medium-term outlook, the LBLOCKUSD pair is set for a rise here. The price bar is below the supply level which implies a bearish momentum.
The high bearish impact on the coin in the past few hours has dropped its price below the resistance level in its recent low.
The price pullback at the $0.0000376 high level below the EMA-50 as the 4-hourly chart resumes today, indicates that the bulls are set for a rise.
Hence, if the buying pressure persists, and the bulls should close the 4-hourly chart above the $0.0000840 previous high mark, the ongoing recovery could lead the market price of Lucky Block to rise significantly and remain stable at the upside.
Adding to this, the coin may continue to rise further as indicated by the price indicator pointing upwards, this means that a further rise in the market value of Lucky Block is certain and in this case, the bullish correction pattern might extend the coin price to the $0.0001200 upper resistance value in the days to come in the medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply