Lucky Block Market Prediction: LBLOCK Bulls Push Against Bearish Tide

Lucky Block Market Prediction: February 3

The Lucky Block market prediction is for the coin to keep pushing back against the bearish pressure till the market can ride freely upward.

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

Key Levels:

Zones of supply: $0002980, $0.0002150, $0.00002040

Zones of Demand: $0.0001570, $0.0001360, $0.0001250

Lucky Block is recovering to its previous structure after slipping off the trendline by which it has been rising. The buyers rallied to prevent the coin from plunging below the underlying demand level of $0.0001420. The buyers also helped jerk the market upward to force it back above the trendline. The market has now stabilized and is ascending toward the $0.0001990 resistance level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is primed to return to its regular pattern of rising along its trendline, which has a bullish tendency. The market movement has been altered in recent times, but LBLOCK is recovering.

The price slipped off the rising trendline, but luckily, as its name suggests, there was a strong support level at $0.0001420 to lift the coin back up. LBLOCK has bounced back above the trendline.

The coin is now rising further from the trendline. The EFI (Elders Force Index) powerline has gravitated towards the zero line and even crossed into a positive value. This shows the upward progress being made.

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

The Parabolic SAR (Stop and Reverse) on the daily chart still has its dots above the candlesticks, showing the price needs to rise even higher before confirming its movement. However, this is not the case on the 4-hour chart; the dots below the 4-hour candles already confirm a bullish run in the market.

The EFI indicator, meanwhile, can be said to be at equilibrium on the 4-hour chart. This is an improvement from the bearish signals that were previously shown. It is further expected that the bias will swing further upward in favor of the buyers and the market will continue to make progress toward the $0.0001990 resistance level.

How To Buy Lucky Block

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