Lucky Block Price Prediction- February 14
Lucky Block is on the positive side today and could break up the $0.0002071 supply value. If the coin price could sustain above the pattern supply trend line, the price may trigger up to the overhead resistance mark at the $0.02000 level, thus a clear buy signal.
Levels:
Resistance levels: $0.0002500, $0.0002600, $0.0002700
Support levels: $0.0001600, $0.0001500, $0.0001400
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
LBLOCKUSD is at the moment trading in the bullish trend market in the long-term outlook. The price currently trades above the EMA-9. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The high order flow from the bulls during yesterday’s session also added to this bullishness. However, the bulls are now set to increase the trend and may likely break up the above-mentioned supply.
Earlier today the coin buyers responded to the market after a series of low-dips at the $0.0001636 support value below the two EMAs and made a correction to the $0.0001701 high level above the EMA-9; this is an indication that the bulls are returning gradually for an increase in the coin price and to command the Lucky Block’s price actions. This will give room for the buy investors to influence the price tendency. Thus, a break above the $0.0002071 resistance mark would intensify the buying pressure on the crypto.
Hence, the current correction phase may likely continue as the momentum indicator now points in an upward direction: we can now expect the coin price to reach a significant level of $0.02000 supply trend line as the bulls continue with their bullish correction and remain dominant in its long-term perspective.
LBLOCKUSD Short-term Trend: Bullish (1H Chart)
The LBLOCKUSD also trades in a bullish trend market in the short-term outlook. This is due to the high impact of long-term traders on the price flow.
The cryptocurrency has completed its correction and is now set for upward momentum. The bulls have decided to shift the trend up after a series of lows shortly after today’s 1-hourly chart opens. An increase to the $0.0001694 supply value above the moving averages level suggests the returns of the buy traders in the market. The market participants are responding to this pattern, and its breakout should offer a good entry opportunity.
Meanwhile, further upsides are likely as the price signal is pointing upwards, this means that the upward rally will still continue and may likely break up the $0.0002071 resistance value and this may reach the $0.02000 supply value soon in the lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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