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Lucky Block Price Prediction: LBLOCKUSD Price Heading towards the $0.0002000 Supply Level

Johnathon Fox
02/14/2024 | UPDATED ON: 02/14/2024

Lucky Block Price Prediction – February 14
Due to high demand from the bulls, the Lucky Block price is now heading towards the $0.0002000 supply level and has already increased significantly in the previous actions. The bears are currently losing control. The crypto may likely hit the previous high at the $0.0001074 resistance level provided the current support level at $0.0000386 holds. This will trigger up the recovery mood and encourage more buyers in the market.

Levels:
Resistance levels: $0.0000700, $0.0000800, $0.0000900
Support levels: $0.0000400, $0.0000300, $0.0000200

LBLOCKUSD Long-term Trend: Bullish (Daily Chart)
Despite the interference from the sellers, the LBLOCKUSD price is trading above the supply levels and heading toward the upper resistance levels. This however confirms the presence of more bulls’ impact on the coin.
Lucky Block Price Prediction: LBLOCKUSD Price Heading towards the $0.0002000 Supply Level
The sustained bullish pressure pushed the currency pair up to the $0.0001636 supply level during yesterday’s session and sustained it till its recent high.

The bulls increase their pressure and move the market price of Lucky Block up to a $0.0000434 high level as the daily chart opens today. This will make it possible for the coin to remain positive and good for a BUY position as the crypto is heading toward the upper resistance zone.

In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $0.0002000 resistance level soon as it heads towards the upper high level in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bullish (4H Chart)
The Lucky Block’s price is losing bearish momentum in its medium-term outlook as it rises above $0.0000415, heading towards the $0.0001200 upper resistance level. The currency pair’s orientation trades in a general bullish flow.
Lucky Block Price Prediction: LBLOCKUSD Price Heading towards the $0.0002000 Supply Level
The high bullish impact on the crypto at the $0.0000408 high level in the previous action has contributed to its bullishness in its recent high.

Buyers initiate an aggressive move to a $0.0000434 resistance value above the moving averages as the 4-hour chart resumes today with an intraday gain.

If the price sustains above the $0.0000489 supply level, we can expect a good upside move up to its previous swing high of $0.0000494, as the crypto price is heading towards the overhead resistance levels, and then we can buy there as well.

In a like manner, the momentum indicator which is pointing up also indicates that the price action of LBLOCKUSD will remain on the upside and a $0.0002000 high level might be the target in the days ahead in its medium-term perspective.

You can purchase Lucky Block here. Buy LBLOCK

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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Previous Post: « Tamadoge (TAMA/USD) Price Is Above $0.004, Stays Bouncing
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