Lucky Block Price Prediction – February 10
After a few days of stagnant behavior, the LBLOCKUSD pair is now set for the next big bounce and a swift increase is expected to follow soon. Therefore, a bullish crossover above the $0.0001074 high mark will encourage the buy investors for a longer correction. This might reach a high at the $0.0.0002000 upper supply trend line, bolstering buyers with suitable support for a higher bounce.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The LBLOCKUSD pair is in an attempt for the next big bounce. The coin is trading in the bearish trend market in its long-term outlook. The price bar can be seen in green below the moving average lines and has confirmed its bearishness. 
The interference of short-term traders to the $0.0000376 low level on the 6th of February has contributed to its bearish momentum in its recent high.
We have also spotted a breakout and the start of a continuation to the upside at the $0.0000413 high level below the EMA-50 as the daily session resumes today. Such a lower price bounce indicates buyers are defending this level and attempting the next big bounce to push the price higher. Hence, a strong push above the $0.0001074 supply level will offer strong resistance to the crypto price.
Similar to that, the Lucky Block market is showing more upside possibilities as we can certainly expect more strength from the coin and this may likely get to a $0.0002000 upper resistance mark in the near days as the coin is in an attempt for the next big bounce in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Right now the Lucky Block pair is attempting the next big bounce. The coin is now reaching the overhead resistance level in its medium-term time frame. The market shows that the price may now be trading in a new ascending channel.
The bulls have sustained the crypto market at the $0.0000397 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
The momentum remains in an uptrend despite the push from the short traders, the bulls made a touch at the $0.0000408 high mark above the EMA-50 as the 4-hourly chart resumes today. This trend pattern proves the impact of bullishness on crypto.
In addition, the momentum indicator shows that the price of LBLOCKUSD is ready for the next big bounce and will still bounce up, so we expect the price distribution to reach the $0.0002000 supply level and beyond in the coming days in its medium-term-term outlook.
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