Lucky Block Price Prediction- February 9
The Lucky Block price has just started its rising pattern. The coin may likely continue its upward movement and the price could still go higher. Further increase in the bulls’ pressure may break up at the $0.0001047 level, and this may push the crypto price to the $0.0002000 upper resistance level, indicating a potential for a prolonged correction and the best crypto signal for the coin traders.
Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000400, $0.0000300, $0.0000200
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is likely to continue its upward movement which has just begun below the supply levels in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving averages.
The high order flow from the bears during yesterday’s session at the $0.0000377 low value also added to this bearishness. However, the bulls are now set to continue and increase the upward movement and may likely break up its previous high soon.
Today, the price of Lucky Block was able to pull back and is taking the $0.0000402 resistance near the EMA-50. More upsides are possible if it breaches the $0.0001047 previous high point.
In addition to this, the price might continue its upward movement as shown by the price indicator which is in an upward direction. If the price can break above the $0.0001047, then we can expect the price to hit the $0.0002000 supply level and even break above that level soon in its long-term outlook.
LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The coin price may continue its upward movement as the market value of LBLOCKUSD in the medium-term time frame is seen above the exponential moving averages.
However, the previous action at the $0.0000396 high level during the past session has sustained the coin price to remain above the trend line in its recent high.
The market value of Lucky Block at the $0.0000402 supply level is seen slightly above the EMA-50 shortly after the commencement of the 4-hour chart today. This creates an opportunity for the buy traders to buy the coin at a cheaper rate as the market turns strongly bullish soon.
Thus, buyers need to add more pressure to their activities to continue the upward movement beyond the current price level.
There is a higher probability of the price breaking its resistance as many buy investors are currently clustered around the market. A real-time for a potential BUY.
More upsides are likely as the momentum indicator points upwards indicating that the bulls may continue the upward movement. With this trend, the market price of LBLOCKUSD may reach $0.0002000 and beyond soon in its medium-term outlook.
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