Lucky Block Market Expectation: LBLOCK Will Surge Upward Anytime From Now

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Lucky Block Market Expectation: October 20

The Lucky Block market expectation is for the price to surge upward anytime now due to its increased volatility.

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

Lucky Block Market Expectation: LBLOCK is expected to surge upward anytime from now

Lucky Block is still in the stage of building up bullish momentum, but that will not take long now, especially as there is a systematic increase in volatility in the market. This was confirmed by the recent sharp back-and-forth movement of the candlesticks. More of this is expected with greater intensity as the bulls position themselves to push the price up aggressively.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

The first step the buyers have taken to show that they have more influence over the market is by returning the price above the $0.0002060 significant level and keeping it from sliding back.

Therefore, the coin has remained above the $0.0002060 key level for two weeks. The time has now come for the buyers to truly demonstrate their influence over the market by driving it higher.

The wavy movement point of the ATR (Average True Range) line shows a disruption in the smooth flow of the market volatility. The buyers have begun agitating to leave the current price level.

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

The disruption in the market is seen on the RSI (Relative Strength Index) chart on the 4-hour chart. The downward trend of the line suddenly made sharp movements downward and upward, fluctuating around the middle level on the RSI chart. The buyers are gearing up for a price push up

Lucky Block Market Expectation: LBLOCK is expected to surge upward anytime from now

The short time frame (1 hour) shows a sharp increase in volatility in the market on the ATR indicator. The RSI line bounced off the oversold border and pushed into the bullish half, only to drop back to the bearish half again. This shake-up of the market is to prepare the price for an upsurge.

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.