Lucky Block Price Prediction – February 17
LBLOCKUSD holders are in jubilant as the crypto market sustains an upward trajectory in recent times. The coin price will increase further to the upper resistance levels provided buyers don’t give up and increase their momentum pressure in the market. If Lucky Block closes the daily candle above $0.0001047, it could surge to a $0.0002000 high level and beyond, thereby increasing the gains and as well as releasing the best crypto signal for the coin holders.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
From the chart above we can be assured that the LBLOCKUSD market still maintains a bullish trend in its long-term outlook. The price bars can be seen slightly above the EMA-50 and will increase further. The bulls could not stop investing in the coin, so the general sentiment regarding the coin is bullish.
The bulls’ pressure on the cryptocurrency to the $0.0000441 resistance level in the previous action has made it possible for it to retain its upward growth in its recent high.
An additional effort was added by the bulls and the price jumped up to a $0.0000471 high mark above the EMA-50 as the daily chart opens today. This suggests an uptrend as well as an indication that the buy traders are responding to the price actions in the market.
Therefore, if the bulls should increase their tension in the market, the price tendency will increase further above the key levels at $0.0001047. Further, the rising prices reclaimed more confirmation for a bullish recovery.
In addition, the market price of Lucky Block is pointing upwards on the daily stochastic; this means that the coin price will increase further to the upside and this might hit the $0.0002000 supply trend mark, thus registering a buy signal for the coin traders as the market remain strongly bullish soon in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The LBLOCKUSD market also trades in a bullish trend market in the medium-term outlook. This is due to the high impact of long-term traders on the price flow.
However, the price will increase further to the overhead resistance level, if the bulls can add extra effort to their buying stuff. The sustained bullish pressure to the $0.0000442 high level in the previous action has led to the coin’s recent high.
The bulls made an aggressive move up to the $0.0000449 resistance level above the EMA-50 shortly after the 4-hour chart opened today. This however makes it easier for the coin to rise and will increase further. Trading above the moving averages will enable the market value of Lucky Block to keep pushing up.
In addition to that, the daily stochastic indicates an uptrend, if the bulls should add more aggression to their activities in the market; the $0.0002000 resistance level might be reached soon in its medium-term perspective.
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