Lucky Block Price Prediction- February 15
The Lucky Block (LBLOCKUSD) price is likely to grow further and is an opportunity for long investors. If the current support at $0.0001683 value holds, and the daily chart closes above the $0.0001972 resistance level, then there is a high probability of the price going up to its recent swing high, which is the $0.0002071 resistance trend line.
Key Levels:
Resistance Levels: $0.0001700, $0.0001800, $0.0001900
Support Levels: $0.0001400, $0.0001300, $0.0001200
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
The LBLOCKUSD pair is in a bullish market zone in its higher time frame, as seen from the chart below. The price is currently recovering and trades above the EMA-9 with its wick touching the EMA-50. This is an indication of an uptrend.
The bullish reversal at the $0.0001686 high value in the previous action has sustained the crypto above the trend line.
Due to low bearish momentum, buyers are hindering the market from smashing through the support zones. The coin price at a $0.0001694 resistance value is undeniably bullish as the 4-hourly session opens today. Thus, the coin price will grow further if the buy traders can add more pressure to their buying actions in the market.
Further, the daily stochastic indicates an uptrend, in this case, the price of Lucky Block might continue its bullish trend pattern and the price could grow further to reach the $0.01000 supply mark sooner in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
The currency pair is bullish in its medium-term perspective. The price bar can be sighted above the EMA-50, this is due to the bullish impact on the market.
The price drop to the $0.0001684 low value above the EMA-50 as the 1-hourly chart resumes today has not stale the strength of the market. Thus, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.0001875 supply mark.
Meanwhile, if the bulls could push harder and sustain the coin price above the $0.0001815 previous high, the resulting rally may surpass the $0.0001875 level and hit the $0.01000 psychological level at the upside in the days ahead in its medium-term perspective.
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