Lucky Block Price Prediction- March 1
LBLOCKUSD is making positive moves and looks promising at the moment. The crypto price is currently recovering and also remains firm above the supply levels. The coin price can swing up further and test the supply level of $0.0001099. Should the bulls increase their pressure, the resistance level of $0.0001099 may not hold and it may extend to a $0.0001200 high level and beyond, signaling a robust market.
Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD is on the positive side and looks promising today. The coin indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is presently facing higher resistance at the recent high.
The coin has been making a series of high highs and high lows in the past few days and has sustained the price to remain firm and stronger above the resistance trend levels in its recent high.
The bulls successfully pushed the price of Lucky Block up to the $0.0000669 high mark above the supply trend lines as the journey up north continues shortly after the daily chart opens today.
This indicates that the coin looks promising while the bulls remain dominant and have the market price at their disposal at the moment. Further increase in the buying pressure might lead the coin price to the $0.0001099 high mark, showcasing a robust rally.
Similarly, the momentum indicator also signaled up, indicating an uptrend. This means that the LBLOCKUSD price will continue to increase further and look promising. Buyers are expected to continue with the trend and in this case, the price might jump to the $0.0001200 resistance value soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook, the LBLOCKUSD pair is in a strong resistance zone and also looks promising. This is due to the high inflows from the buy traders.
During the previous action, the bullish impact on the crypto to the $0.0000646 supply level has sustained its firmness above the supply levels in recent times.
Today, the bulls made an upward move to the $0.0000669 high value above the moving average lines as the 4-hourly chart opens. The Lucky Block pair looks promising as the bulls remain dominant in the market at the moment.
If the bulls should increase their price action, and bullish momentum is sustained far above the $0.0001099 resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic remains in an upward direction at the oversold region, therefore if additional selling power is prevented the price of Luck Block may likely hit the high of $0.0001200 resistance soon as the coin price looks promising in its medium-term time perspective.
You can purchase Lucky Block here. Buy LBLOCK
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