Lucky Block Price Prediction – February 16
LBLOCKUSD sellers are losing control as buyers are gathering momentum at the moment to change the trend. Should the bulls trigger their buying action, the coin price might continue rising and this may trend above the $0.0001047 previous high barrier soon. If this is achieved, continuation to the upside is ensured and the target may be the $0.0002000 upper resistance level which could improve the crypto signal in the coin market.
KEY LEVELS:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000500, $0.0000400, $0.0000300
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
Lucky Block sellers are losing control as the crypto price is currently making its way up after hitting the $0.0000413 support level to overcome selling pressure and signal a pump-up. It looks like the price will want to bounce up again in the long term. 
The cryptocurrency has completed its correction and is now set for upward momentum. The bulls have decided to shift the trend up after a series of lows shortly after today’s daily chart opens. The pullback at the $0.0000452 resistance level below the EMA-50 suggests the returns of the buy traders in the market.
Hence, should the bulls put additional efforts into their buying motives; the price of LBLOCKUSD could increase significantly to retest the previous high of $0.0001047 value, while sellers are losing control in the market.
Similarly, there are more bullish runs to come as the market now points upward at the oversold region at present, this suggests that the price the Lucky Block may continue to increase while sellers are losing control. This will enable the coin price to rise further and may likely hit the $0.0002000 high value soon in the long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The momentum on the long-term outlook looks bullish as sellers are losing control as can be seen from the chart above. The price of Lucky Block is currently trading at the resistance above the moving averages. So it seems that the bulls are about to take over and push us higher.
The bulls have sustained the crypto market at the $0.0000420 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
The price action of LBLOCKUSD which rises significantly to the $0.0000438 supply level above the EMA-50 as the 4-hour chart opens today suggests that sellers are losing control over the crypto market and an opportunity for buy traders at the moment.
If buyers should intensify their efforts, the price might retest the $0.0000504 supply level and hibernate any further bearish thesis.
Hence, Lucky Block price is showing more upside possibilities as indicated by the daily stochastic which is pointing up, we therefore expect more gains from the bulls and this might likely reach a high at $0.0002000 high level soon as sellers are currently losing control in its medium-term view.
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