Lucky Block Price Prediction- March 9
Lucky Block demonstrates a bullish trend with a 2.7% increase in the last few days and will grow more. This, however, highlights the investor’s confidence in the crypto. Hence, if all the current support holds and the bulls should push higher, the price breakout may test the previous high at a $0.0001099 high value and this may likely hit the $0.0001200 supply trend line, suggesting a growing confidence in Lucky Block’s prospects.
Key Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD has witnessed remarkable growth in the last few days and will grow more in the long-term view. The prices are above the EMA-50, indicating an upward momentum and the high impact of buyers in the market.
The bulls have sustained the crypto market at the $0.0000525 supply value during yesterday’s session, this has made it possible for the coin to grow more and remain stronger in its recent high.
Earlier today, the bulls reached the $0.0000659 high mark above the EMA-50 as the daily chart resumes as it journeys up north.
This indicates a bullish trend and proves that the buy traders are still in control of the market and the price of LBLOCKUSD will grow more. Therefore, buyers need to add more strength to their activities in the market to rally up to a significant level at $0.0001099.
Notably, the momentum indicator pointing upwards suggests the price of Lucky Block will grow more and continuation of the bullish trend. As a result, the price might reach the $0.0001200 supply value in the coming days as it grows more in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The coin also indicates that the LBLOCKUSD price will grow more by displaying a bullish posture in its medium-term outlook. This is due to the high inflow of the long traders.
The increase in the momentum by the bulls at the $0.0000524 supply value during the previous session has enabled the coin price to stay strong and grow above the resistance lines in recent times.
The market price of Lucky Block has just broken up the EMA line at the $0.0000613 supply level as the 4-hourly chart opens today. This will give the crypto a high tendency to grow more.
Hence, if the coin price manages to sustain above the $0.0001099 resistance barrier, this could signal a resurgence in bullish activity potentially leading the cryptocurrency toward the upper high level.
Furthermore, the daily stochastic signals an uptrend. This means that the LBLOCKUSD price will grow more. Suppose the bulls could push harder and sustain the coin price above the $0.0000880 previous high. In that case, the resulting rally may surpass the $0.0001099 level and hit the $0.0001200 psychological level at the upside in the days ahead in its medium-term perspective.
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