Lucky Block Price Prediction – February 13
LBLOCKUSD is likely to face the positive side soon. Based on the daily chart outlook, the coin could soar higher to hit the $0.0001200 supply mark as the price action is preparing to rise. As a result, a sharp breakout and closure above the $0.0000945 high value will invalidate any bearish thesis and the price might hit the high of $0.0001200 upper level and beyond, which could charge up the whole coin market and suggest a potential recovery rally and the best crypto signal to use.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
The Lucky Block price is likely to hit the key resistance level at $0.0001200 soon as we can see a new correction below the supply levels in its long-term view. As an outcome of low bullish momentum, the LBLOCKUSD trades in a bearish trend.
The sustained bearish pressure to a $0.0000350 low level in the past few days has dropped the crypto price below the supply trend levels in recent times.
Amidst the recent sell-off in previous action, the LBLOCKUSD price climbed up to the $0.0000409 mark, trying to replenish the bullish momentum.
Thus, if this bullish growth pattern is steady, an established uptrend will be achieved and this could hit the $0.0001200 level soon.
Meanwhile, the current price at a $0.000409 high value below the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Additionally, with sustained buying, the price of Lucky Block may challenge the $0.0000945 supply strength and set the potential for further growth. In light of this, the coin price might increase further to hit the $0.0001200 supply mark sooner in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The coin remains bullish on the medium-term time frames. This is clear as we can see the prices trading slightly above the EMA-50. However, the price of Lucky Block could hit the $0.0001200 supply trend level if the bulls are determined.
The previous high by the bulls at the $0.0000388 level has sustained the coin price above the supply levels in its recent high.
The price responded to the shift in the market structure and is currently above the moving averages at a $0.0000409 high value as the 4-hour chart opens today. This suggests the return of the buy traders to resume the uptrend and dominate the crypto market.
Likewise, there is a possibility of more upsides as indicated by the price signal which is pointing in an upward direction. This may extend the price of LBLOCKUSD to hit the $0.0001200 upper resistance value soon in its medium-term view.
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