Lucky Block Market Expectation: LBLOCK Buyers Assert Control Over Key Levels
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Lucky Block Market Expectation: LBLOCK Buyers Assert Control Over Key Levels

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Azeez Mustapha

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Lucky Block Market Expectation: February 20

The Lucky Block market expectation is for the bulls to keep dominating the price levels and push further to the $0.0000600 significant level.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of Supply: $0.0000600, $0.0000880
Zones of Demand: $0.0000470, $0.0000360

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

Lucky Block buyers are now dominating the key level after the price successfully rose above the $0.0000470 significant level. The $0.0000360 support level has proved to be very competent in holding the coin upward. Therefore, the price broke to the upside of the triangle pattern and has been making steady and sure progress since then. The market is now trying to stabilize above the $0.0000470 key level before shooting further upward.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

Lucky Block buyers have successfully seized control of key levels, orchestrating an upward move beyond the significant $0.0000470 threshold.

The robust support at $0.0000360 has played a pivotal role in maintaining the coin’s upward trajectory.

With a breakthrough above the triangle pattern, the market is steadily progressing and aims to establish stability above the $0.0000470 level before further upward momentum.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

The MA Cross (Moving Average) emerges as a reliable ally, effectively steering the price from a downtrend to an uptrend, and providing formidable support along the way. Notably, the Momentum indicator has mirrored this positive shift, transitioning from a negative to a positive value as the price steadily rises.

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

The 4-hour timeframe mirrors the daily pattern, with the MA Cross executing an upward crossover and serving as a support for the ascending 4-hour candlesticks. While the Momentum indicator exhibits irregular fluctuations, it maintains an upward trend. Bullish crypto signals prevail for Lucky Block, signaling an anticipation of further price gains with $0.0000600 as the next targeted level.

How to buy Lucky Block

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.

 

 

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