LBLOCK Market Forecast: Lucky Block Restarts Bullishness From $0.00336565

Updated:

LBLOCK Market Forecast – February 24

LBLOCK market forecast is for the coin to regain lost price levels as it restarts market bullishness from the $0.00336565 significant level.


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

Important Levels:
Market Supply Zones: $0.00973954, $ 0.00746260
Market Demand Zones: $0.00522780, $0.00393250
LBLOCK Market Forecast: Lucky Block Restarts Bullishness From $0.00336565 LBLOCK was caught fluctuating around the $0.00614690 critical supply level as it tried to push upward. The lack of enough resilience to hold above the level means the price dropped below the level, breaking through a couple more price levels to reach the $0.00336565 demand zone. The market has kicked off another attempt to restore the coin’s bullishness at this level.


LBLOCK/USD Price Prediction: Lucky Block Market Anticipation

Lucky Block is seen fluctuating at several critical levels as it attempts to continue its impressive bullish movement. However, an inability to hold above certain key levels often leads to a drop.

On February 21st, the price made a strong push above the $0.00746260 fundamental level, but an inability to hold above it led to a slip downward. The coin can then be seen forging into a bullish flag formation with which it breaks out upward. However, after failing to hold above $0.00614690, the price drops once more.

In general, Lblock is exhibiting a tenacity with which it will eventually resume bullishness again. The Relative Strength Index is currently rising from an oversold position as the price consolidates near the lower Bollinger Band for a bullish breakout.


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

The market continues in a consolidation state on the 5-minute chart as it prepares for a breakout to the upside. The Relative Strength Index line has landed on the boundary of the oversold region as the coin prepares for an imminent rise.
LBLOCK Market Forecast: Lucky Block Restarts Bullishness From $0.00336565 The buyers are expected to gather momentum through this consolidation phase, which will drive the price out towards reclaiming the $0.00746260 significant level.

How To Buy Lucky Block

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.