Lucky Block Market Prediction: LBLOCK Defies Barriers, Hastens Rally

Lucky Block Market Prediction: March 15

The Lucky Block market prediction is for the price to sidestep the triangle structure and kickstart its rally from $0.0001420.

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

Key Levels:
Zones of supply: $0.0002890, $0.0001880
Zones of Demand: $0.0001420, $0.0001200

The Lucky Block market recently dropped below the lower border of its triangle structure. However, the bulls are still in control of the market and are willing to push the price back up. Nevertheless, the market may avoid forcing itself back into the structure and patiently sidestep it. This will leave the price with the only option of breaking through the $0.0001420 level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block bottled up so much momentum that at the tip of its structure, the market became agitated. This led to an unplanned and forceful breakout below the $0.0004280 underlying level.

Nevertheless, the buyers still have control over the market and have prevented it from spiraling too far from $0.0001250. A rebuilding process has also begun. However, the investors are patient enough to sidestep the structure to cause a rally.

The RSI (Relative Strength Index) line will keep reacting above the oversold border for a while as the coin is trying to sidestep the barriers of the triangle structure.

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

The MA period 20 (Moving Average) remains above the candlesticks and will also need to be breached if the market achieves its goal of rising toward the $0.0002980 resistance. Meanwhile, on the 4-hour chart, the MA period 20 has dropped to a key level of $0.0001250, where the price rises above it.

The RSI on the 4-hour chart is already moving in an uptrend as the price keeps testing the $0.0001420 significant level. The market is anticipated to keep retesting $0.0001420 and moving laterally till it moves away from below the triangle structure. LBLOCK will then force through the $0.0001420 to begin a full-fledged rally.

How To Buy Lucky Block

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