Lucky Block Price Prediction- March 14
LBLOCKUSD price is now preparing for the next bullish move with expectations of further bullish movements ahead. The coin may likely increase to the upside if all the support level holds and the bulls should put more aggression to their activities, the coin price may rally up to a $0.0001200 high level, and then we can enter a buy position.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is in a bearish market zone preparing for the next bullish move in its long-term perspective. This is due to the inflow of the short traders.
The coin is trading below the EMA. However, the current trend will soon be nullified as the market now trades at the oversold region.
The sustained bearish pressure at the $0.0000473 support value in the past session has made the crypto price drop below the supply levels in its recent price level.
The bulls are trying hard not to fall again as the market value of Lucky Block enters the next bullish move at a $0.0000505 supply level as a pullback shortly after the commencement of the daily session today.
There is a higher probability of the price breaking up its resistance level of $0.0000940 and going up much further if the bulls could add more strength to their buying activities in the market.
Meanwhile, the market price of Lucky Block is in the oversold region of the stochastic, this means that the selling pressure has reached exhaustion; the expected bullish move in the price could be high at the $0.0001200 level, in the coming days as the crypto price prepares for the next bullish move in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
The momentum on the medium-term outlook looks bearish but the coin buyers are now preparing for the next bullish move as can be seen from the chart now. The price of LBLOCKUSD is currently trading at the resistance close to the EMA-50. So it seems likely that the bulls are about to take over and push us higher.
The bearish pressure at the $0.0000479 support level in the past few hours has made the coin stay below the supply trend levels in its recent price level.
Meanwhile, the Lucky Block price is already preparing for the next bullish move as we can see the new correction below the supply levels in place.
Despite the interactions from the short traders, the bulls caused a rise to a $0.0000505 high level below the EMA-50 as the 4-hourly chart opens today and the buying pressure has just started. Buyers must redouble their efforts to forecast a bullish increase in the market above the $0.0000738 previous high point.
Notably, the coin is pointing upwards on the daily stochastic. It indicates that the LBLOCKUSD pair may continue the bullish move. We will now be looking into the emergence of more buyers in the market.
As a result, the price action may reach a high of $0.0001200 level and beyond as we watch the market preparing for the next bullish move and remain in a bullish scenario soon in its medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
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