Lucky Block Price Prediction- February 7
Lucky Block is facing the resistance zone at the moment and may likely continue its bullish move if buyers should exert more force into the price action in the market, $0.0002269 high level may be retested soon.
Levels:
Resistance levels: $0.0002300, $0.0002400, $0.0002500
Support levels: $0.0001700, $0.0001600, $0.0001500
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Despite the interference from sellers, the LBLOCKUSD price still trades in the bullish trend market. Price is trading above the EMA-9. This however confirms the presence of more bulls’ impact on the coin. The bulls’ pressure on the coin at the $0.002071 high value in the past few hours has sustained the crypto price above the supply level.
The market price of Lucky Block at a $0.0001821 high level above the EMA-9 approaching the overhead resistance shortly after the 4-hourly chart opens today indicates that buyers are having the market price at their disposal at the present.
Hence, the crypto market value might increase further to a $0.0002269 high level if the current support level at $0.0001729 holds.
In addition to that, the crypto is in an upward trend in the oversold region as shown by the daily stochastic. Hence, we have a bullish bias that the market value of Lucky Block will rise further to the upside if the buying pressure should increase. As a result, the price could pump or surge upsides to hit the $0.02000 resistance value in the days ahead in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (1H Chart)
In the medium time frame, the LBLOCKUSD pair is trading in a bearish trend market zone. The coin price can be seen in green below the moving averages which confirm its bearish trend. 
The price has been in a bearish rally in the past few hours, this has made the coin price stay below the supply levels in its recent high. Notwithstanding, the bulls are set now to push the price upward and remain stable above the resistance trend levels.
The market price of Lucky Block at the $0.0001821 high level below the moving averages indicates that the bulls are returning to the market to stage a play and from the look of it, it will keep rising further.
Thus, there is an indication that the price will rise further as indicated by the price signal pointing up. It is expected of buyers to push the price of the coin up to a high level of $0.02000 in the coming days in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply