Lucky Block Price Prediction – April 25
The Lucky Block price shows signs of an upward retracement following the completion of the fourth Bitcoin Halving; the coin is now witnessing a renewed recovery sentiment among investors. The crypto is now soaring due to Bitcoin’s rebound to 66k which has enabled more profits to be channeled to the crypto market. Under this influence, if the bulls could push harder, the $0.0000940 previous highest level might be retested soon which might further expose the coin price to a $0.0001200 high mark and beyond.
Levels:
Resistance levels: $0.0000500, $0.0000600, $0.0000700
Support levels: $0.0000300, $0.000200, $0.0000100
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
From the chart above, Lucky Block‘s price is showing signs of an upward retracement. The price bar is below the moving average, suggesting the coin is in a bearish market zone. 
The bears’ pressure on the crypto to the $0.0000256 support level in the past few days has made the coin price stay below the trend level in its recent high. However, the coin shows signs of an upward retracement, which means the bulls are ready to push us higher.
At the time of writing this press, the coin buyers successfully moved the price of LBLOCKUSD up to a $0.0000330 high level below the moving averages which shows a sign of an upward retracement as the downside risk is uncertain.
With the current trend, buyers can pick up the asset at a lower price and still make more gains in the future. However, the currency pair could grow further if the long traders managed to break up above the $0.0000940 level, resulting in a better recovery and growth potential for the coin traders.
In addition, the LBLOCKUSD price might continue with the upward retracement as indicated by the daily signal which remains in an uptrend. This means that more upsides are likely, in light of this, the coin price might swing up to the $0.0001200 high mark soon in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block market also shows signs of an upward retracement by trading in a bullish trend in the medium-term outlook. This is due to the high order flow from the bulls. It seems that the bulls are about to take over and push us higher.
The sustained bullish pressure on the crypto at a $ 0.0000305 high level has enabled the coin price to maintain an upward retracement above the supply levels in its recent high.
The successful breakout by the bulls to the $0.0000325 supply value above the resistance trend levels as the 4-hourly session opens today shows a sign of an upward retracement, which is an indication of a high bullish impact on the crypto at the moment.
Hence, should the buying pressure persist, and the bulls close the 4-hourly chart above the $0.0000334 previous highest level, the ongoing recovery could lead the market price of LBLOCKUSD to remain stable at the upside and stop any further bearish moves.
Similarly, the daily signal indicates that a further rise in the market price of Lucky Block is possible This means that the upward retracement may continue, as a result, the price might reach a $0.0001200 supply level soon in its medium-term time frame.
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