Lucky Block Market Prediction: LBlock Buyers Move to Drive Up Prices

Lucky Block Market Prediction: February 17

The Lucky Block market prediction is for the market to start and sustain its bullish foray after the coin picks the perfect opportunity to rise.

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

The Lucky Block buyers are beginning to take initiative to drive the price up for the first time after the market was rejected at $0.0001990 in early February. The market is leveraging the support from the rising trendline, which underlines the candlesticks. The goal will first be to rise back to the resistance level of $0.0001990 to break it.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block was rejected at the $0.0001990 resistance level earlier in the month, and since then, the coin has retraced back around the $0.0001570 support level.

The price has also been obedient to the rising trendline, which underlines the candles. Hence, it has been flowing upward, albeit in a passive manner.

The buyers are beginning to take initiative to push upward after the period of passiveness. The Stochastic Oscillator lines have made a golden cross upward from the oversold region.

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

The MA period 14 (Moving Average) remains hanging above the daily candlesticks. However, the candles have now reached it, and it is preparing to rise even higher. On the 4-hour chart, the candles have risen above the MA period 14 already.

The Stochastic Oscillator lines on the 4-hour chart have risen off the border of the oversold region. The line has punched above the mid-level of the Stochastic indicator. This means that the bulls are now taking initiative to push the price onward and upward. The first stop will be at the $0.0001990 resistance, where the price will try to break through.

How To Buy Lucky Block

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