Lucky Block Market Expectation: LBLOCK Is Accumulating Bullish Strength at $0.0002160

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Lucky Block Market Expectation: October 18

The Lucky Block market expectation is for the price to keep gathering bullish strength at the $0.0002160 key support level, after which the coin is expected to spring upward.

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

Key Levels:
Zones of supply: $0.0008360, $0.0005000, $0.0009860
Zones of Demand: $0.0003130, $0.0002980, $0.0001880

Lblock Is Accumulating Bullish Strength at $0.0002160

The Lucky Block currently gathering bullish strength at the key support level of $0.0002160. The coin has been working to repel the bearish influence that has been dominant on it, and the buyers have done excellently well to put a stop to the trend, first of all. Then the price gradually began an upward climb. The first step is to settle and regain strength at $0.0002160. That is working out perfectly well currently.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

The buyers have pushed the price upward from $0.0001880 after a short period of price accumulation. The market has now risen above the key support of $0.0002160.

Above the $0.0002160 key support, the same strategy applies, to gather bullish strength and fervor and launch upward to the next key level from there.

Despite the consolidation, the Parabolic SAR (Stop and Reverse) firmly bids for the upward movement of the coin. Meanwhile, the Stochastic Oscillator lines have plunged into the oversold region and are in buyers’ favor because of an imminent rise.

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

Generally, the Parabolic SAR (Stop and Reverse) alternates around the candlesticks to show the current market accumulation. However, there is a tendency for the price to begin the movement in the direction that the Parabolic SAR dots are currently supporting. And so, in both time frames, the dots are below the candles.

Lblock Is Accumulating Bullish Strength at $0.0002160

On the 1-hour chart, the Stochastic Oscillator lines have made a double bounce off the oversold border. Once again, this is in favor of the bulls. Once the lines comfortably break the middle line threshold. This propels the market to continue its foray higher with a target of the $0.0005000 price level.

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.

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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.