Lucky Block Market Prediction: LBLOCK Engineers Surge In Price

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Lucky Block Market Prediction: January 12

The Lucky Block market prediction is for the buyers to keep doing everything in their power to ensure a price increase and prevent a downslide.

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

Key Levels:
Zones of supply: $0002980, $0.0002040, $0.0001880
Zones of Demand: $0.0001570, $0.0001360, $0.0001200

Lucky Block Market Prediction: LBLOCK Engineers Surge In Price

LBLOCKUSD remains in the process of ensuring a price increase. The coin broke through the $0.0001990–$0.0002040 major zone. Now above the zone, the buyers are trying to recharge their strength to press further to break through the next resistance level at $0.0002980. All indications are positive to this end.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCK remains in the process of ensuring a price increase beyond its current level. The coin recovered nicely from a dip and burst above the $0.0001990-$0.0002040 transition zone.

The buyers used up their strength to burst above the $0.0002040 transition zone, and they are having to recharge their strength reserve to move toward the next resistance level.

The price is firmly stationed above the middle line of the Bollinger Band, coinciding with the $0.0002040 support level, to give the market a strong foundation to spring off.

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

The Stochastic Oscillator lines on the daily chart are currently hovering above the oversold region border, and it is a good point for the market to rally upward. This is confirmed on the 4-hour Stochastic Oscillator chart as well. Its lines are also fluctuating around the oversold region border, and the price could take off from its current trading level.

Lucky Block Market Prediction: LBLOCK Engineers Surge In Price

The Bollinger Bands, on the 4-hour chart, seem to be squeezing more and more onto the candlesticks. This is due to the prolonged time spent by the coin above the $0.0002040 support level. However, the price will rise sharply toward the $0.0002980 resistance level. This will stretch the upper band.

How To Buy Lucky Block

NoteLearn2.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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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.