Lucky Block Price Prediction- March 15
There is a possibility for the LBLOCKUSD price to reach the $0.01000 supply mark despite the uncertainties in the market. This will be attained, if the bulls could triple their efforts, the bullish correction pattern may increase the coin price to retest the $0.0001810 previous high which might possibly hit the $0.01000 upper supply trend line and beyond.
Levels:
Resistance levels: $0.0001800, $0.0001900, $0.0002000
Support levels: $0.0001300, $0.0001200, $0.0001100
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Lucky Block price is in a bullish posture and also trade in an uptrend even though the short traders are involved in its long-term outlook. The price bar can be seen trading above the EMA-9 which confirms its uptrend.
The high order flow from the bulls at the $0.0001438 high value during yesterday’s session also added to this bullishness in its recent high.
The coin price finds resistance at the $0.0001340 value above the EMA-9 but below the EMA-50 as the 4-hourly session opens today. This suggests an uptrend in the context of the strength of the market and also shows that buyers are still in dominant of the price actions at the present.
Furthermore, given that the price of LBLOCKUSD is currently pointing upward on the daily stochastic, another breakout attempt is probably imminent. If the bulls were to shift their focus and push even harder, the next bullish race might potentially hit the $0.01000 upper resistance trend line in the coming days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
Here on the medium-term chart, LBLOCKUSD is showing an upward movement. This is clear as we can see price continues to make higher highs and higher lows.
The sustained bullish pressure on the crypto at the $0.0001438 supply value during the previous action has enhanced the coin price above the trend level.
The price opened lower but managed to trade in green over the past few hours. The price finds a reliable resistance at $0.0001258 trend line which further increases to the $0.0001340 above the moving averages as the 1-hourly session begins today, resulting in intraday gains.
This will prolong the upward rally and fueled the release of more buy investors into the market.
Further, more upsides are likely as the bulls are seen clustered around the market. This will possibly enable the long investors to push the price of Lucky Block upward and this might reach the $0.01000 resistance mark in the nearby days in its medium-term outlook.
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