Lucky Block Market Prediction: LBLOCK Builds Bullish Momentum

Azeez Mustapha

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Lucky Block Price Prediction – January 3

The Lucky Block price prediction is that the market will continue to gain momentum, causing buyers to push the coin higher.

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

Key Levels:
Zones of supply: $0002980, $0.0002460,
Zones of Demand: $0.0001570, $0.0002040

Lucky Block Market Prediction: LBLOCK is building up bullish moment

Lucky Block has been building momentum since recovering from a dip. The brief price drop has allowed more buyers to enter the market. Since then, LBLOCKUSD has been building momentum steadily. This has helped the market violate the $0.0001990–$0.0002040 resistance level and convert it to a solid support level. The buyers remain in control, and we should see even more upward movements.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market has successfully recovered from its price drop to the $0.0001570 key level. Furthermore, the coin has risen back to the $0.0001990 key level and breaks above it.

The $0.0001990 key level extends its influence to the $0.0002040 price level. The coin has broken above this zone, converting it from resistance to support. The market is now building momentum from this level.

The Momentum indicator line has been on the rise since the price began its uptrend from the $0.0001570 support level. The coin has been on the rise too.

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

The MA period 20 (Moving Average) has aligned with the $0.0001990–$0.0002040 support zone. This provides a more assured platform for the bulls to build and keep building from. Also on the 4-hour chart, the MA period 20 remains below the candlesticks to act as support.

Lucky Block Market Prediction: LBLOCK is building up bullish moment

The Momentum indicator on the 4-hour chart, however, reveals that the latest move of the market is sideways after ascending above the $0.0002210 key level. The buyer is taking a breather before pressing further upwards toward the $0.0002980 resistance level.

How To Buy Lucky Block

NoteLearn2.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.

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