Lucky Block Price Prediction – February 29
The LBLOCKUSD next recovery target might be the $0.0001200 supply value as we can see the coin price approaching the overhead resistance. Based on the outlook, should the daily candlestick close above the $0.0001099 supply mark, the correction phase will extend to meet the resistance at the $0.0001200 trend line, which will offer a higher footing for prices to bolster further recovery rally.
Key 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 is facing the upper resistance level; the next recovery target might be the $0.0001200 supply value soon in its long-term perspective. 
The price bars are showing above the EMA-50, approaching the upper high level indicating that the bulls are regaining market strength.
The coin made it to the $0.0000646 high level in the past few days; this has made the price remain in an uptrend in its recent price level.
The bulls’ action increases the price of Lucky Block up to the $0.0000620 resistance level above the moving average line even as the daily session opens today. As it is now, the bulls’ next recovery target might be a resistance close to the upper high level. Thus, a break above the $0.0001066 would intensify the buying pressure on the crypto.
Additionally, the next recovery target might reach $0.0001200 as the price projector signals an uptrend on the daily stochastic.
This means that the bullish recovery pattern may likely jump to reach the $0.0001200 resistance trend line sooner in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The cryptocurrency is in a bullish move in its medium-term outlook. The next recovery target of Lucky Block might be the $0.0001200 high mark, this is because the price movement can also be seen to be in the bull’s direction. 
The bulls were able to push the cryptocurrency up to the $0.0000600 resistance value during the past session and have enhanced the price to stay above the supply levels in its recent high.
At the time of writing this article today, the LBLOCKUSD price recovery reached a high at $0.0000617 value above the EMA-50, this indicates a strong supply pressure and more gains to the coin buyers.
Therefore, if coin buyers want to escape any bearish trend, the coin price must surpass the resistance level at $0.0000700 and remain sustainable.
Additionally, the momentum indicator shows an uptrend, which means that the LBLOCKUSD price will rise further and the next recovery target might be the $0.0001200 supply mark in its medium-term time frame.
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