Lucky Block Price Prediction – February 26
The LBLOCKUSD price at the moment is currently recovering and also keeps strengthening above the supply trend levels. The crypto is showing positive signs above the $0.0000500 supply value. If the coin holders could prove stronger and the price shows sustainability above the $0.0000940 previous high value, its upside moves could extend further to reach the $0.0001200 upper resistance level and beyond, resulting in an intraday gain and a potential buy signal for the coin holders.
Key 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 Lucky Block pair is experiencing a jolly bullish move in its long-term view. The coin price keeps strengthening above the supply trend levels with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
The sustained bullish pressure was able to push the coin price upside to a $0.0000490 high level before the end of yesterday’s session; this has enhanced the crypto price to remain firm above the supply levels in its recent high.
Today, the market price of LBLOCKUSD at the $0.0000549 high level which is above the moving averages as the daily chart opens implies that the price is in an uptrend, and from the way it is at the moment, it will keep strengthening above supply trend levels.
Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price up to the previous high of $0.0000940 level soon as it keeps strengthening above supply levels, resulting in the best crypto signal for coin holders.
Additionally, the price of LBLOCKUSD which is pointing up on the daily signal implies that the price will keep strengthening above the supply levels and in this case, the price might reach the $0.0001200 resistance level if the buy traders could increase their efforts in the long-term view.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
Amid the increasing bearishness in the crypto market, LBLOCKUSD remains bullish and keeps strengthening above supply levels in the medium-term time frames. This is clear as we can see the prices trading above the EMA line, indicating an uptrend.
The persistent bullish pressure pushed the currency pair up to the $0.0000522 supply level during the last session and sustained it. This has made it possible for the coin to keep strengthening above supply levels in its recent high.
Today’s market value of Lucky Block at a $0.0000546 supply value above the moving averages as the 4-hourly session opens today affirms the presence of more buyers in the market. A strong push by the bulls above the peak of $0.0000579 value will put the crypto more on the buying side.
In addition to that, with the daily stochastic pointing upwards, we can expect more bullish action, if all the support holds in place. The price of LBLOCKUSD might jump up to the $0.0001200 upper high level soon as it keeps strengthening above supply trend levels in its medium-term outlook.
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