Lucky Block Price Prediction- March 2
The LBLOCKUSD pair sends a clear buy signal again, the coin has been in a bullish rally in the previous action and seems to continue growing from the look of it. Hence, a further increase in the bulls’ action may trigger the coin price up and break out the previous high at the $0.0002071 mark, this may extend the price action to reach the $0.01000 resistance trend line and beyond.
Levels:
Resistance levels: $0.0001900, $0.0002000, $0.0002100
Support levels: $0.0001500, $0.0001400, $0.0001300
LBLOCKUSD Long-term Trend: Bullish (4H Chart)
Analyzing the chart above, we can clearly see LBLOCKUSD is in a bullish market zone. The price currently trades above the two EMAs. This is due to the high inflows from the buy traders.
The bullish pressure at the $0.0001546 high value in the previous action has sustained the crypto above the trend line.
Today’s 4-hourly bullish candle at the the$0.0001632 supply level above the moving averages confirms the bulls’ dominance in the market. This breakup may possibly accelerate the bullish momentum and extend the ongoing correction to a higher level.
Additionally, the price of Lucky Block which is pointing up on the daily signal implies that the price is still going up and in this case, the price might possibly hit the $0.01000 resistance level in the nearby days and beyond in its higher time frame.
LBLOCKUSD Medium-term Trend: Bullish (1H Chart)
It’s nice to see a strong buying reaction from the Lucky Block market at the moment in the medium-term outlook. The price bars can be seen above the supply levels indicating an uptrend.
The bulls also made an upward move to the $0.0001635 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend.
The coin found a reliable resistance at the $0.0001613 value above the two EMAs as the 4-hour session resumes today. This is an indication of a high bullish impact on the crypto, resulting in intraday growth and a buy signal for the coin buyers.
Further, the market is in an uptrend on the daily signal, should the bulls prove strong and resists the additional selling power; the price of Lucky Block may likely hit $0.01000 soon in its lower time frame.
You can purchase Lucky Block here. Buy LBLOCK
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