Lucky Block Market Expectation: Lblock Buyers Step up the Gear for a Bullish Drive

Lucky Block Market Expectation: October 21

The Lucky Block market expectation is for the coin to finally shoot upward as the buyers begin to step up the gear in preparation for the bullish drive.

LBLOCK/USD Long-Term Trend: Bullish (4-hour Chart)

Key Levels:
Zones of supply: $0.0002980, $0.0004200, $0.0005000
Zones of Demand: $0.0002060, $0.0001880, $0.0000880

Lucky Block buyers are finally stepping up in their preparation to drive the market higher. The price is undergoing some noticeable changes that haven’t happened since the coin heaved itself from the $0.0001880 support level to the $0.0002060 price level. The most prominent is the increased volatility that is in the market.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

When Lucky Block initially dropped to the reversal level at $0.0001880, it entered directly into a consolidation phase. The buyers were willing to push up immediately, and the market became more volatile.

This helped the price rise to the next support at $0.0002060. Initially, the market stabilized itself. However, the bulls are set to effect a change in the market.

The Stochastic Oscillator lines are moving back and forth aggressively as the buyers ram up the pressure. Also, a formerly silent Momentum indicator has begun undulating wildly in an uptrend.

LBLOCK/USD Medium-Term Trend: Bullish (1-hour chart)

The increase in volatility is much more evident on the 4-hour chart. The Stochastic Oscillator line is undulating aggressively from oversold to overbought and the lines are stuck in the oversold region, which means that an imminent rise is inevitable.

Meanwhile, the Momentum indicator line is observed to have switched from a silent sideways-moving line to a wildly cranking line. This is because the bulls stepped up as the price prepares for an upsurge. When this comes to maturity, the coin will heave itself above the $0.0004200 level before a further rise.

How To Buy Lucky Block

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