Lucky Block Price Prediction- March 8
LBLOCKUSD price is going upward at the moment. The coin just begins its rising pattern and might move higher above the current resistance level at $0.0000549, if buyers should exert more force into the price action in the market, the $0.0001099 high trend line might be retested soon which could lead to the crypto price to the $0.0001200 upper high level. Thus a clear buy signal and intraday gain for the coin buyers.
Key Levels:
Resistance levels: $0.0000700, $0.0000800, $0.000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block pair looks quite bullish here. The rising pattern has just begun in its long-term view. The price bar can be seen slightly above the supply level, indicating a bullish trend. So, it seems that the bulls are about to take over and push us higher.
The bulls have sustained the crypto market at the $0.0000738 supply value in the past few days, this has made it possible for the coin to stay above the trend line as it begins its rising pattern and remain stronger in its recent high.
The bulls caused a rise to the $0.0000549 high level above the moving averages as the daily chart opens today. This indicates that the traders are actively buying at this level. A possible breakout from the mentioned supply level will provide a higher float for buyers and prolong the rising pattern.
Additionally, the LBLOCKUSD market is pointing upwards on the daily signal; this will quicken the emergence of more buyers to increase the rising pattern and move the crypto price up to a significant level on the upside and this might hit the $0.0001200 upper resistance trend mark as the Lucky Block market continues in its rising pattern in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
Lucky Block is bearish in its medium-term outlook. The rising pattern is seen below the supply level as it is making its way up after hitting the $0.0000525 high level to overcome the support threats to signal a pump-up. It looks like the price will want to bounce up again in the medium term.
The bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hourly chart opens. The pullback at the $0.0000525 which further increases to a $0.0000549 resistance level suggests the returns of the buy traders in the market. Traders are advised to use the opportunity to invest in the coin and make more gains ahead.
Hence, we have a bullish bias that the coin price will continue the bullish trend as the market remains in an uptrend on the daily signal.
Therefore, if the buying pressure should increase, there may be a potential increase in the rising pattern and this might retest the previous high at the $0.0001099 supply level which might further extend the Lucky Block price to the $0.0001200 high trend line in the coming days in its medium-term perspective.
You can purchase Lucky Block here. Buy LBLOCK
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