Lucky Block Price Prediction – February 27
The LBLOCKUSD pair has been on an upward trajectory in recent days. The coin may further bounce up to a key resistance level at the upside which is another opportunity to buy the coin. The crypto may likely bounce up to the $0.0001200 supply level as it faces the upper channel. However, the potential breakout from the immediate resistance of $0.0000940 will give additional confirmation for a bullish recovery, if the bulls could increase their efforts in the market.
Key Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily chart)
The long-term market value of Lucky Block is moving in a bullish direction and is also set to further bounce up to the overhead resistance level soon. This is clear as we can see the prices facing the upper resistance area of the market indicating a strong uptrend.
The token’s value has appreciated by over 2% in the last 24 hours indicating a positive trend and a good crypto signal for the coin holders.
The high bullish impact on the crypto at the $0.0000563 high level in the past 24 hours has contributed to its bullishness in its recent high.
Today’s daily bullish candle at the $0.0000600 supply value above the moving averages confirms the bulls’ dominance in the LBLOCKUSD market.
Thus, a breakout above the $0.0000940 previous swing high would provide an opportunity for buyers to further bounce up and potentially drive the coin price toward the upper resistance area.
Additionally, the price of Lucky Block might further bounce up if the bulls could push harder, if this is achieved, the coin price might bounce up to a level of $0.0001200 at the upper resistance and beyond in the nearby days in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair at the moment is in strong bullish momentum in its medium-term outlook. The coin is set to further bounce up to a level of $0.0001200 at the upside soon. This is due to the high inflow from the long traders. 
The increase in the momentum by the bulls at the $0.00581 supply value during yesterday’s session has enabled the Dash 2 Trade price to stay strong above the resistance lines in its recent high.
The coin price on the 4-hourly chart today bounced up to the $0.0000557 resistance trend levels above the moving average. This affirms the high bullish impact on the crypto. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Hence, should the buying pressure persist, and the bulls close the 4-hourly chart above the $0.0000600 high level, the ongoing recovery could lead the market price of LBLOCKUSD to remain stable at the upside and stop any further bearish moves.
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $0.0000600 resistance value, the resulting rally may further bounce up to hit the $0.0001200 upper resistance level in the days ahead in its medium-term perspective.
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