LBLOCK Market Forecast: Lucky Block Holds Above a Critical Level
Login

LBLOCK Market Forecast: Lucky Block Holds Above a Critical Level for a Rally

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

LBLOCK Market Forecast – February 28

LBLOCK market forecast is for the coin to retain its grip at the $0.00569450 critical level, from where it will push for more upside movement.


Lucky Block Long-Term Trend: Bullish (30-Minute Chart)

Critical Levels:
Market Supply Zones: $0.00675750, $0.00746260
Market Demand Zones: $0.00522780, $0.00569450
LBLOCK Market Forecast: Lucky Block Holds Above a Critical Level for a Rally The LBLOCK market has been striving for more upward movement in recent times, breaking through several critical barriers until it encounters a temporary stop at $0.00675750. This is followed by a drop in price. Nevertheless, bulls quickly created support for the market at a critical level of $0.00569450. Despite failing a second test to break the barrier at $0.00675750, the price now holds above the $0.00569450 support from where it aims to push upward.


LBLOCK/USD Market Forecast: What Next for LBlock?

Lucky Block is now recovering from the price dip of February 24th, which happened with much volatility. The first step was to accumulate between key levels before surging above $0.00522780.

A slight fluctuation occurred at this level before the price pushed further upward. The market will have to cross a new barrier at $0.00675750, tested twice without successfully breaking through. Lblock is currently holding above $0.00569450 for a potential market rally.

The ATR (Average True Range) indicator shows that market volatility has been at a low level despite the upward push. However, the Parabolic SAR (Stop and Reverse) suggests that the market is still positioned for a pump as it aligns its dots below the daily candles.


Lucky Block Medium-Term Trend: Bullish (5-minute chart)

The 5-minute chart shows that the market remains tenacious in holding above the $0.00569450 fundamental level. When the price dropped from an unsuccessful retest of the $0.00675750 fundamental level, it initially dropped below $0.00569450 but then surged above it with increased volatility.
LBLOCK Market Forecast: Lucky Block Holds Above a Critical Level for a Rally The Parabolic SAR on the 5-minute alternates around the candles as the market remains relatively silent. This accumulation stage is set to lead to a price pump toward a higher level of $0.00746260.

How To Buy Lucky Block

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News