Lucky Block Price Prediction – February 21
The LBLOCKUSD pair is likely to grow more and its price might jump to a $0.0001200 high mark soon. The coin may continue its recovery rally to the upside. Based on the outlook, should the bulls increase their buying momentum and close the daily candle above the $0.0001069 supply mark, the correction phase could extend to meet the resistance at the $0.0001200 trend line, which could signal a strategic accumulation of higher profits for the coin traders.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD might jump above the $0.0001200 high mark soon as it maintains upward pressure in its higher time frame. The coin price now trades above the supply trend levels and confirms a bullish race. This is due to the high impact of the buy investors in the coin market.
The persistent bullish pressure drove the currency pair up to the $0.0000494 supply level during yesterday’s session and sustained it. This has made it easier for the coin to remain firm in an uptrend in its recent high.
The bulls successfully pushed the Lucky Block price up to the $0.000048 high mark above the resistance trend lines as the journey up north continues shortly after the daily chart opens today.
This indicates that the bulls remain dominant and the price might jump up to revisit the $0.0001069 previous supply mark as buyers have the market price at their disposal at the moment.
Similar to that, the price of LBLOCKUSD might jump to the key resistance level at the upside as indicated by the stochastic oscillator pointing in an upward direction; the bulls could therefore aim at the psychological level of $0.0001200 resistance value in the day ahead in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (4H)
Lucky Block’s price remains in a bullish trend and might jump to the overhead resistance levels soon despite the interference by the short traders in its medium-term view.
The bulls’ aggressive impact on the crypto to the $0.0000494 supply level during the previous action has sustained its firmness above the supply levels in its recent price level.
The drop in the price of Lucky Block to the $0.0000453 low value as the 4-hour chart commenced today has no serious effect on the market as the price remains in an uptrend.
If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated and the crypto price might jump up to meet the resistance level at $0.0000579.
Additionally, the price of LBLOCKUSD now approaches the oversold region of the daily stochastic, this means that the coin is about to witness a bullish reversal at the current $0.0000453 low price. If this is achieved, the market participants may witness a new recovery rally and this might jump to the $0.0001200 high mark in the days ahead in its medium-term time frame.
You can purchase Lucky Block here. Buy LBLOCK
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