Lucky Block Price Prediction – February 23
The LBLOCKUSD bulls are getting stronger at the moment as the crypto is currently recovering and also remains firm above the supply levels. The coin has been witnessing an aggressive rally from the bulls in the past few hours. The crypto is showing positive signs above the $0.0000490 supply value. If the coin holders could prove stronger and the price shows sustainability above the $0.0001047 previous high value, its upside moves could increase the $0.0002000 resistance level and beyond, bolstering buyers for higher recovery.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The LBLOCKUSD bulls are getting stronger as can be seen on the daily chart. This is clear as we can see the prices trading above the moving average lines indicating an uptrend.
The sustained bullish pressure at the $0.0000459 high value in the previous action has made it possible for the crypto to remain stronger above the supply trend lines in its recent high.
The market price of Lucky Block at the $0.0000550 high level which is above the EMA-50 as the daily chart opens today, suggests that the bulls are getting stronger and from the look of things at the moment, it will keep growing.
However, a further increase in the buying pressure could lead the price of Lucky Block to retest of the $0.0001047 previous high mark which would influence the rising pattern of the crypto and suggest the best crypto signal for the interested traders.
Additionally, the daily stochastic indicates an uptrend by pointing upwards, hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price of LBLOCKUSD up to a high of $0.0002000 level soon as the bulls are getting stronger in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The coin also displays a bullish posture indicating that the bulls are getting stronger in its medium-term outlook. This is due to the high inflow from the long traders.
The price of LBLOCKUSD can now be seen progressing upward above the moving averages. This shows buyers are gaining more strength and stronger in the market.
The bulls are having the market at their disposal at the moment. However, a high retest to the breached $0.00005447 supply value suggests strength in bullish momentum.
The bulls made an aggressive move up with a long bullish candle to the $0.0000550 resistance level above the EMA shortly after the 4-hour chart opens today. This however makes it possible for the coin to rise further.
Hence, Lucky Block is showing more upside possibility as indicated by the daily stochastic which is pointing in an upward direction. We can expect more gains and strength from the coin as the bulls continue to dictate the market conditions.
The pair may likely reach the $0.0002000 resistance level in the days ahead as the bulls are getting stronger in its medium-term forecast.
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