Lucky Block Price Prediction – April 22
LBLOCKUSD is setting the base for the next bullish ride, following the increase in pressure from the bulls at the moment. The coin is set to increase further if all the support level holds and the bulls should put more aggression to their activities, the coin price may rally up to a $0.0001500 high level, resulting in a promising trajectory for the coin buyers.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000350, $0.0000300, $0.0000250
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is in a bearish market zone in its long-term perspective. The coin at the moment is setting the base for the next bullish move below the supply levels.
The price drop to the $0.0000256 low value during the previous action has made the coin price trade below the supply levels. This will soon be invalidated as the coin market is now set for the next bullish ride.
At the time of writing, the market value of LBLOCKUSD jumped to a $0.0000289 high value below the EMA-50 shortly after the commencement of the daily session today. Thus, traders can buy at a lower price with this trend and also make profits.
Meanwhile, the market price of Lucky Block is pointing upwards on the daily stochastic, this means that the selling pressure has reached exhaustion, and the expected upside move in the price could be high at $0.0001500 level in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The bulls are now set for the next bullish ride on the medium-term outlook. The coin price is slightly above the moving average, the bulls are now set to take the pair to a psychologically key level at the upside.
The sustained pressure from the long-term traders at the $0.0000268 supply level during yesterday’s session has contributed to its bullishness in its recent high.
The bulls could not relent anyway, so, the price movement of Lucky Block after dropping to a $0.0000267 low level shortly after today’s 4-hourly session opening, the price of LBLOCKUSD jumped up to a $0.0000284 high level. This suggests that the coin is actively traded at the moment. Thus, the price tendency will climb over the crucial levels if the bulls can raise their level of market tension.
Hence, should the buying pressure persist, and the bulls close the 4-hourly chart above the $0.0000407previous high mark, the ongoing recovery could lead the market price of LBLOCKUSD to remain stable at the upside and stop any further bearish moves in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply