Lucky Block Market Prediction: LBLOCK Expected to Rally from Lower Support to New Highs

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Lucky Block Market Prediction: March 10

The Lucky Block market prediction is for the price to get a rallying allowance after dropping to lower support. LBLOCK is expected to push high and hard to break all barriers.

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 market has been thus far uneasy in consolidation, especially when it reaches the tip of the triangle structure it has been tapering through. The pressure made the support give way. The bulls are still on the market, though, and will use the drop-in as an allowance to help the market rally and then complete its long-awaited upsurge.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The LBLOCK market has been tapering through a triangle pattern. The structure gives a bias to the market’s investors. The structure formed from the beginning of the year until now.

Lucky Block is now trying to shake up its position as it progresses from its confinement. The coin has made two false breakouts in the past five days.

However, the market has now reverted to a lower support level to have space to build up momentum for a rally. The lower Bollinger Band has been overstretched and is expected to recoil, bringing the price back upward.

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

The Momentum indicator on the daily chart shows that the increase in momentum has been sparse since the middle of February up to date. This is more amplified on the 4-hour chart, where the Momentum indicator only moves laterally.

On the 4-hour chart, while the Bollinger Bands are squeezed around the market, the latest move of the coin to revert downward has stretched the tip of the bands. The recoil of the bands is expected to aid the bulls in recovering the price and helping it rally to higher price levels. The goal is to rise above $0.0001990.

How To Buy Lucky Block

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