Lucky Block Market Expectation: LBLOCKUSD is sliding up using a trendline

Lucky Block Market Expectation: January 22

The Lucky Block market expectation is for the price to keep sliding upward using a trendline thereby increasing the pressure against the $0.0000470 level to bulge.

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

Key Levels:
Supply Zones: $0.0000880, $0.0001100, $0.0000600
Demand Zones: $0.0000470, $0.0000360, $0.0000260

The Lucky Block market can be seen as sliding upward using a trendline. The price recently dropped below the strong support at $0.0000470 and it is proving difficult to ascend back above it. Nevertheless, the coin is now sliding up using a trendline which will help to keep a constant pressure from below on the key level till it bulges and LBLOCKUSD can then push higher towards $0.0000600 afterwards.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

LBLOCKUSD exhibits an upward trajectory, following a trendline that signifies a gradual ascent in the Lucky Block market.

Despite a recent drop below the robust support at $0.0000470, the challenge of reclaiming this level persists. However, the coin is currently utilizing a trendline to maintain consistent upward pressure on the key level.

This strategic approach aims to create a bulge, enabling LBLOCKUSD to subsequently propel higher towards $0.0000600.

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

Analysis of the daily chart reveals that the MA Cross (Moving Average) initially descended in tandem with the market after a downward cross at $0.0000600. Presently, the lines are poised for an upward cross, indicative of potential bullish signals. The Momentum indicator displays its line in a gentle slope, situated at a positive value.

On the 4-hour timeframe, the upward slide of the candlesticks is pronounced, albeit with a more gradual trajectory. The MA Cross on this timeframe continuously crosses laterally. Similarly, the Momentum indicator on the 4-hour chart moves laterally, maintaining a negative value. Despite these nuances, an overall bullish undertone is evident, suggesting a forthcoming and comprehensive demonstration of bullish momentum in the market.

How To Buy Lucky Block

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