Lucky Block Price Prediction- March 7
Today, LBLOCKUSD’s price is anticipating a further increase of 2.57% after long hours of low dips. The coin just sent a signal that the bulls are still strong. Amid the selling pressure, the coin gave a bullish breakout from the $0.0000534 indicating more jumps ahead. Meanwhile, the coin price will most likely continue its bullish run and the price could still go higher if the price can break up the $0.0001099 barrier, then we can expect a good upside momentum up to the $0.0001200 upper supply level and a potential buy signal.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000450, $0.0000400, $0.0000350
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
The Lucky Block pair is showing a bullish display with its price anticipating further increase in its long-term perspective. The market is presently facing resistance above the level of $0.0000517 at the recent high.
The high bullish impact on the crypto at the $0.0000752 high level in the past days has contributed to its bullishness in its recent high.
Having completed the lows at the $0.0000525 support level during yesterday’s session, the Lucky Block price which is anticipating a further increase swings up to a $0.000034 high level even as the daily session opens today.
The sudden jump in LBLOCKUSD price projects a potential challenge to the resistance trend line. Thus, a potential bullish crossover above the previous high of $0.00001099 moving signal line projects a buy signal.
Adding to that, the market price of Lucky Block is pointing up in the oversold region; this means that the momentum in the coin price will likely remain and continue in an upward move. We can now expect the next jump by the bulls to reach a $0.0001200 upper resistance level in the days ahead in its higher time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD is bearish in its medium-term outlook. Meanwhile, the coin is anticipating further increase as the bulls have just begun their rising pattern below the moving averages.
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days. However, this will soon be invalidated as the coin buyers anticipate further increases in the asset’s value.
The bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hourly chart opens. As of now, the Lucky Block price is trading at the $0.0000525 supply marks below the moving averages, showing a 2.29% gain for the day.
The coin’s price is anticipating further increase and has attempted to break out of a long-term trend line with an intense buying force. It’s worth noting that the upward trajectory could face another barrier near the next resistance level at $0.0001099 if buyers can add more tension to their buying forces in the market.
Similarly, more jumps are ahead as the coin price suggests an uptrend on the daily signals pointing upwards. This means that the selling pressure is not likely to continue. In light of this, the bulls may likely touch the $0.0001200 high value in the days ahead in its medium-term outlook.
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