Lucky Block Price Prediction – February 2
LBLOCKUSD is about to resume its upward move. The cryptocurrency at the moment has set the base for the next upward move by trading in green at the support level at the moment. The coin is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, and the price closes above the $0.0001047 supply trend line; this will trigger the buying opportunity for traders and increase the crypto signal for the next trading session.
Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000450, $0.0000400, $0.0000350
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is in a bearish market zone in its long-term perspective. Further, the coin has just set the base for an upward move, as we can see the new upbeat trend below the supply level. The price is now on its way up to the resistance area to validate the bearishness
The bear’s pressure at the $0.0000389 support value in the last few days has contributed to its bearishness in recent times.
The market value of Lucky Block jumps to a $0.00004025 high value below the supply level shortly after the commencement of the daily session today to resume the next upward move.
Thus, a possible breakout from the mentioned supply will accelerate the buying momentum and set the base for the Lucky Block price to hit the previous high at $0.0001047 level, bolstering buyers for a sustainable rally.
Adding to that, the market price of LBLOCKUSD is in the oversold region of the stochastic, this means that the selling pressure has reached an exhaustion, and the expected upside move in the price could be high at $0.0002000 swing high in the coming days in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD indicates a downward trend with a bearish sentiment in its medium-term perspective. The coin price which remains in green below the supply level has set the base for the next upward move. 
However, the market is presently facing resistance at the recent high due to the returns of the bulls into the market at the present.
The price action which increases from the $0.0000376 level to the $0.0000413 resistance level below the moving averages as a retracement move, affirms the presence and the impact of the bulls in the Lucky Block market.
Therefore, if the bulls should increase their tension in the market, the price tendency will move above the key levels
However, the bulls are ready to set the base for the next upward move and take the pair to a psychologically key level on the upside as soon as the day goes by in its medium-term time frame as indicated by the daily stochastic which is pointing upwards. The $0.0002000 supply level might be the target.
You can purchase Lucky Block here. Buy LBLOCK
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