Lucky Block Market Forecast – February 11
The Lucky Block market forecast is that the price will soon initiate its upwards rally after pulling back to a significant price level.
LBLOCK/USD Long-term Trend: Ranging (30-Minute Chart)
Key levels:
Resistance Levels: $0.00675750, $0.00578480
Support Levels: $0.00522780, $0.00457480
Lucky Block Price Prediction: LBlock Market Prospects
LBLOCK/USD has been working to stabilize its market since it fell short of its all-time high and bears hijacked the market. The first few days after the price plunged were very volatile as bears and bulls battled to gain market control.
Buyers have regained the upper hand over the market despite the lingering effect of the bears on the coin. This has prevented the price from plunging excessively. In an attempt to re-initiate the predominant bullishness in the market, the price has surged to $0.00522780.
Failure to breach the $0.00578480 resistance has informed a pullback to a lower price level at $0.00457480, where LBLOCK can have more allowance for an upsurge. The price is now trading closer to the lower Bollinger Band, which should help rebound the price upward.
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
The ATR (Average True Range) indicator on the 5-minute chart shows that increased volatility accompanied the price pullback to $0.00457480 as bears tried to hijack the market and plunge it below the critical level.
How To Buy Lucky Block
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