Lucky Block Price Prediction – February 28
The LBLOCKUSD shows fundamental growth and remains strong above the $0.0000590 supply mark, indicating a positive strength. If the coin price could sustain above the pattern supply trend line at the $0.0000940 level, the coin price may trigger up to the overhead resistance mark at the $0.0001200 level, thus a clear buy signal.
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 pair shows fundamental growth and remains stable above the supply levels in its long-term view. This is clear as we can see price continues to make higher highs and higher lows indicating a bullish momentum.
The sustained bullish pressure at the $0.0000591 resistance level during yesterday’s session has made it possible for the coin to remain strong above the supply levels in its recent high.
Today’s daily bullish candle at the $0.0000605 resistance level above the moving averages shows fundamental growth and confirms the bulls’ dominance in the market. This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level.
Notably, the market is pointing up on the daily stochastic; this means that the crypto is open for bullish growth, in light of this, the price of LBLOCKUSD might hit the $0.0001200 supply trend mark, thus registering a buy signal and the best crypto signal for coin traders soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The market price of Lucky Block is also showing fundamental growth above the supply levels in its medium-term outlook. This is due to the high inflows from the buy traders.
The bullish impact on the crypto to the $0.0000591 supply level during the previous action has sustained its firmness above the supply levels in its recent high.
Today, the bulls made an upward move to the $0.0000594 high value above the moving average lines as the 4-hourly chart opens.
The Lucky Block price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Adding to this, there is a tendency for the coin to rise further soon as the daily stochastic approaches the oversold region. This will enable the bulls to add to the fundamental growth and take the LBLOCKUSD price up to a high of $0.0001200 soon in its medium-term perspective.
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