Lucky Block Price Prediction – March 5
Lucky Block is well on its way to the overhead resistance. The crypto price will grow further as the recent market structure points to a rise shortly. With the bull run gaining momentum, the coin price can still grow further if the current support at $0.0000516 holds and the bulls should put in more aggressive efforts, the price may reach a $0.0002000 high level, resulting in an intraday gain for the coin investors.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000450, $0.0000350, $0.0000250
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD has a bullish posture in its medium-term time frame. The coin price will grow further as the bulls have the market at their disposal trading in a bullish trend.
The price currently trades above the EMA-50. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The bulls’ pressure on the currency pair in the past few days has made it possible for the price to grow further and remain in an upward trend zone in its recent high.
As an outcome of low bearish momentum, buyers are hindering the market from smashing through the support zones. The Lucky Block price at a $0.0000586 high value is undeniably bullish as the daily session opens today.
However, the currency pair will grow further if the buy traders manage to break up the $0.0000940 previous high level, maintaining a further growth potential for the buy traders.
Notably, the daily signal indicates an uptrend, this means that the LBLOCKUSD price will grow further and may likely break the $0.0000940 resistance value which may expose the coin price to a $0.0002000 supply value soon in the higher-term time frame.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD is in a bearish trend in the medium-term outlook. Meanwhile, the price will grow further as the bulls have just begun their rising pattern below the supply levels.
The bearish pressure at the $0.0000516 support level in the past session has made the coin stay below the supply trend levels in recent times.
However, the price will grow further as the bulls are now set to increase the trend and may likely break up the resistance level soon.
The coin price at a $0.0000586 resistance value below the moving averages is undeniably bearish as the 4-hourly session opens today. This is an indication that the bulls are returning gradually for an increase in the coin price and to command Lucky Block’s price actions.
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 LBLOCKUSD might continue its bullish trend pattern and the price could grow to reach the $0.0002000 supply mark sooner in its medium-term outlook.
You can purchase Lucky Block here. Buy LBLOCK
Leave a Reply