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Lucky Block Price Prediction: LBLOCKUSD May Continue its Rising Pattern

Johnathon Fox
03/01/2023 | UPDATED ON: 03/01/2023

Lucky Block Price Prediction- March 1
Lucky Block‘s price is facing an upside at the moment and may likely continue its rising pattern. The coin, having decided to face the positive side may likely break up the $0.0001723 previous resistance level. Should the bulls double their efforts; the price might possibly hit the $0.02000 upper resistance value.

Levels:
Resistance levels: $0.0001800, $0.0001900, $0.0002000
Support levels: $0.0001600, $0.0001500, $0.0001400
Lucky Block Price Prediction: LBLOCKUSD May Continue its Rising Pattern
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The market value of LBLOCKUSD can be seen above the moving averages, this means that the pair is in a bullish market zone. However, the market is presently facing resistance at the recent high.

The sustained bullish pressure in the past few hours has made the crypto price remain stronger above the supply trend levels in its recent high.

The market price of Lucky Block is being propelled higher by the bulls until it reached a new high of a $0.0001614 level above the moving averages as the 4-hourly chart opens today.

This however gives the bulls more strength to influence the market value of the currency pair.

Similarly, the market is pointing upwards on the daily stochastic, this will draw more buy traders to the market for a bullish continuation pattern, if that occurs the price could further climb toward a $0.02000 upper high level and this will add to the bullish race in the future in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
LBLOCKUSD is losing bearish momentum in its medium-term outlook as it rises above the $0.002252 resistance level. The currency pair’s orientation trades in a general bullish flow.
Lucky Block Price Prediction: LBLOCKUSD May Continue its Rising Pattern
The bulls’ pressure to the $0.0001613 supply value in the previous action has strengthened the coin to remain in an uptrend in its recent high.

After completing the low dips, a further rise in the price of the cryptocurrency by the coin investors to a $0.0001563 high level above the moving averages occur today during the 1-hourly session today. This means that the currency pair is gaining more strength and it’s time for the buy session. Thus, the rising pattern may likely continue if all the supports hold in place.

In a like manner, the momentum indicator which is pointing up also indicates that the price will remain on the upside and a $0.02000 high level might be the target in the days ahead in its medium-term perspective.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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