Lucky Block Market Prediction: LBLOCK Bulls Are Gathering Momentum
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Lucky Block Market Prediction: LBLOCK Bulls Are Gathering Momentum at $0.00522780

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Azeez Mustapha

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Lucky Block Market Prediction – March 9

The Lucky Block market prediction is for the buyers to gather momentum at the $0.00522780 critical level, with which they will break several vital levels to reach $0.00675750.


LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.00639520, $0.00577200
Demand Zones: $0.00540850, $0.00454740

Lucky Block Market Prediction: LBLOCK Bulls Are Gathering Momentum at <img fetchpriority=.00522780" width="1840" height="978" data-lazy-src="https://learn2.trade/wp-content/uploads/2022/03/Lblock-30-7.png"/>

After a three-day fluctuation at the $0.00457480 key level, Lucky Block accumulates enough momentum with which it breaks through to the $0.00522780 critical level. The coin intended to keep rising, but its strength waned against the 0.00578480 price level. Instead, Lucky Block has now settled above $0.00522780, where it is seen reacting to the level and gathering momentum to pump upwards.


Lucky Block Market Prediction: What to Expect From Lblock?

The system by which the LBLOCK bulls are using to regain the market is relatively straightforward. The price first stabilizes itself at a key level. Then the market goes into a consolidation phase.

Market participants use the consolidation phase to add more numbers and build momentum, leading to a price increase to a more significant level. The market did this when it pumped from $0.00457480 to $0.00522780.

Lblock is now attempting to repeat this strategy to regain lost heights. A Bollinger Squeeze can directly be observed around the 30-minute candles as it reacts above the $0.00522780 significant level.


LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

On the 5-minute chart, the market is still undergoing consolidation around the $0.00522780 significant level as it attempts to build an impulse that will launch it to a higher price level. Like in the 30-minute time frame, the Bollinger Bands have squeezed around the 5-minute candlesticks to show the subdued movement in the market.

Lucky Block Market Prediction: LBLOCK Bulls Are Gathering Momentum at <img decoding=.00522780" width="1840" height="892" data-lazy-src="https://learn2.trade/wp-content/uploads/2022/03/LBlock-5-6.png"/>

The RSI (Relative Strength Index), on the other hand, is fluctuating around the 50 mark, which signifies price equilibrium, with neither bulls nor bears having the upper hand at the moment. However, market forces are prepared to push the price upward out of consolidation to a superior price level of $0.00675750.

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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