Lucky Block Price Prediction – March 4
The LBLOCKUSD price is approaching the upper resistance level as the coin is currently recovering and also remains firm above the supply levels. The crypto might remain in that direction if the bulls could add more effort and the price closes above the $0.0000940 supply level, the coin might further extend to a $0.0001200 upper high level and beyond, Hence, a great opportunity and a clear buy signal for the long investors.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Lucky Block‘s price is approaching the upper high level and remains in a bullish market at the moment in the long-term outlook. Further, the coin is trading above the moving averages making higher highs and approaching the upper resistance area.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in recent times.
However, LBLOCKUSD price breakout and continuation to the upside at the $0.0000738 resistance value above the EMAs approaching the upper high level as the daily chart opens today indicates the high buying impact from the long traders resulting in intraday gains.
A retest to the dynamic resistance trend line at a $0.0000940 previous high mark could replenish the bullish momentum in the Lucky Block price and invalidate any bearish correction.
Investors buying at this supply can expect sustained growth above the $0.0000940 price level which suggests the best crypto signal to the coin traders.
Adding to this, Lucky Block is approaching the upper resistance level and this may continue as indicated by the daily stochastic which is pointing in an upward direction. We can certainly expect more gains and strength from the coin as the buying crew continues to dictate the market conditions. The pair may likely reach the $0.0001200 upper high mark soon as the coin approaches the upper resistance level in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is showing a more bullish impact while approaching the upper resistance level in its medium-term outlook. The bulls are having the market at their disposal at the moment.
The pair is in a smooth uptrend approaching the upper high level as can be seen from the chart above. Pressure from the long-term traders at a $0.0000698 high value in the previous action has sustained its upward stability in its recent high.
The Lucky Block price at the moment is approaching the upper resistance level at the $0.0000732 supply level above the moving average 50 as the 4-hour chart begins today. This is due to a high bullish impact on the market price. A high buying pressure above the previous high at $0.0000738 will put the coin price more on the buying side.
Notably, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of LBLOCKUSD further up to a significant level in the upsides and in this case, the target might be the $0.0001200 supply level as the coin price is approaching the upper high mark in the medium-term forecast.
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