Lucky Block Price Prediction- March 6
LBLOCKUSD is now trading in an ascending channel recovering steadily. Should buyers interrupt the sell traders, the bullish pattern may increase the coin price to rise further to a $0.0002071 high value which might possibly hit the $0.02000 supply trend line.
Levels:
Resistance levels: $0.0002000, $0.0002100, $0.0002200
Support levels: $0.0001500, $0.0001400, $0.0001300
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD is in a bullish market zone in its long-term perspective. As an outcome of low bearish momentum, buyers are hindering the market from smashing through the support zones.
However, the bullish action to the $0.0001594 high level during yesterday’s session has really sustained the coin price to remain above the trend line.
The market was propelled higher by the bulls until it reached a new high at the $0.0001578 resistance mark above the moving averages as the 4-hourly session resumes today. This shows the level and the high impact of the buy investors on the crypto market.
Thus, if the bulls regroup and push higher, a steady rise above the mentioned supply value will accelerate the new correction phase to a significant key level in the supply area.
Further, the Lucky Block price may likely continue in the same bullish trend as the market is in an upward direction on the daily stochastic. So, the price could be ready very soon for a bullish pattern continuation. In this case, a significant level above the $0.02000 supply level might be reached soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The momentum on the medium-term time frame (1H) is undeniably bullish. This is clear as we can see price continues to make higher highs and higher lows.
The market price of Lucky Block which rises from the $0.0001489 level to the $0.0001578 high value above the two EMAs as the 1-hourly chart opens today, is an indication that the coin is actually traded by the buy traders, this also connotes more intraday gains for the buy investors.
The longer the price stays far above the mentioned level, the more pressure builds up to reach a key significant level at the upside.
Further, continuation to the north is likely as the bulls are seen clustering around the coin market at the present. So we can expect a steady increase in the price of LBLOCKUSD to reach the $0.02000 resistance level as the journey up north continues in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply