Lucky Block Market Expectation: LBLOCK Is on the Rise Again From the Support Level

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


Lucky Block Market Expectation September 30

The Lucky Block market expectation remains for the price to embark on a bullish drive out of consolidation. The buyers influenced the market.

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

Key Levels:
Zones of supply: $0.0008360, $0.0006820
Zones of Demand: $0.0001878, $0.0005060
Lucky Block Market Expectation: LBLOCK Is on the Rise Again From the Support LevelLucky Block is still on its bullish campaign. The price dropped to strengthen the demand level. That is being done between the $0.0005000 and $0.0004200 market zones where the price accumulates. The coin remained within the zone of influence despite dropping slightly below the $0.0004200 significant level. The market is due for a rise back above the level to press on with its bullish campaign.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block continues in consolidation around the significant levels of $0.0005000 and $0.0004200. The market retains the propensity for a bullish drive even as more buyers are set to hop on board.

Currently, it is seen that the candlesticks have slightly dropped below the $0.0004200 price level, but the market remains within the range of influence of the zone, and LBLOCK is expected to recover back to its bullish agenda.

While the MA period 20 (Moving Average) is lying above the 4-hour candlesticks as a sign of the market’s drop, the Stochastic Oscillator, having also plunged into the oversold, is due for a rise, causing a rally in the market also.

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

The indicators on the 1-hour chart are almost a replica of those on the long-term time frame. The Moving Average period of 20 is stretched out above the candlesticks to depict the recent drop in the market. When the price begins its recovery, its first task will be to trade above this moving average line.
Lucky Block Market Expectation: LBLOCK Is on the Rise Again From the Support LevelSimilarly, the Stochastic Oscillator lines show the market is severely oversold. These lines are expected to rise soon. This also predisposes the coin to an immediate rally back above the $0.00004200 significant level and beyond. Originally, the price was intended to rise above $0.0008360, and this remains the goal.

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
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

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.