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Lucky Block Market Prediction: March 8
The Lucky Block market prediction is for the price to maintain its resilient push in order to breach the $0.0000600 level and rise back to $0.0000750.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000750, $0.0000600
Demand Zones: $0.0000470, $0.0000360
Lucky Block is resilient in trying to force its way back above the $0.0000600 key zone. The market is keen to get its bullish rhythm going again after it suffered rejection at $0.0000750 and plunged below the $0.0000600 support level. At this point, the candles are grouping up below this new resistance level in order to force their way through. This is expected to last a few more days before the market gets back to bullish ways.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block market is determined to regain its bullish momentum after facing rejection at $0.0000750 and slipping below the $0.0000600 support level.
Currently, candlesticks are consolidating below this newfound resistance, indicating a sustained effort to break through.
The resilient effort of the buyers is likely to extend for a few more days before a return to a bullish trajectory.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
As of the present moment, the price has marginally traded below the MA period 20, requiring robust bullish force for a significant breakthrough above $0.0000600. The EFI (Elders Force Index) indicator has visibly dipped below the equilibrium level, but signs of a bullish revival are evident as the price rebounds towards the zero level.
On the 4-hour timeframe, buyers are making progress, with the EFI indicator ranging at the equilibrium level, aiming to propel the price definitively above zero. The MA period 20 hovers just above the latest candles, poised to act as a catalyst for further upward movement once the price surpasses it. Anticipated to surge past $0.0000600, LBLOCK is poised for an upward breakthrough.
How to buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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