Lucky Block Price Prediction – February 24
Lucky Block is on the positive side today. The crypto is making positive and remains pressured above the $0.0000500 price level. The coin makes a buy trade set up at the current supply of $0.0000533, creating a strong supply zone for coin buyers. The coin price will most probably continue its bullish run and the price could still go higher if the bulls can break up the $0.0000948 peak value, then we can expect a good upside momentum stretching to the $0.00001200 upper resistance level and beyond, thus a clear buy signal and the best crypto signal to the coin investors.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
LBLOCKUSD registered a positive market today. The coin remains pressured above the $0.0000500 level with the price slightly trading in a bullish momentum and also looking good for the long. This looks nice for the buy trader and signifies a buy signal.
The high order flow from the bulls to the $0.0000314 supply value on the 20th of February also added to this bullishness.
However, the bulls are now set to further swing up the coin price to the upper resistance zone as it remains pressured by the bulls at the current price level.
The coin remains pressured slightly above the moving average at the $0.0000533 high level as the daily session opens today; this indicates more forces from the buy traders and looks good for a long.
Based on the outlook, should the bulls go higher and close above the $0.0000948 high mark, a bullish breakout confirmation will reflect the improved market sentiment.
In addition, the momentum indicator also signaled an uptrend as the coin price remained pressured above the supply levels.
Buyers are expected to continue with the trend and in this case, the LBLOCKUSD might reach the $0.00012000 upper resistance value soon in its long-term perspective.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
LBLOCKUSD is in a positive movement today. The price remains under pressure above the supply levels as it is strongly trading in a bullish momentum and looks good for a long in its medium-term time frame. This looks nice for the buy trader and signifies a buy trade.
The high pressure from the bulls to a $0.0000490 supply value in the past action has sustained the price of Lucky Block above the supply trend levels in its recent high.
The coin price which remains pressured above the $0.00000500 high mark rises significantly above the resistance trend lines at the $0.0000511 level as the 4-hour chart begins today. This is due to a high bullish impact on the market price.
Notably, LBLOCKUSD still looked good for a long as indicated by the daily stochastic which is pointing in an upward direction. We can certainly expect more gains and strength from the coin as the bulls continue to dictate the market conditions. The pair may likely reach the $0.0001200 upper resistance level soon as it remains pressured above the supply levels in its medium-term perspective.
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