Lucky Block Market Prediction: LBLOCK Finally Overcomes the $0.0000470 Resistance

Azeez Mustapha

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Lucky Block Market Prediction: February 19

The Lucky Block market prediction is for the coin to push higher after it breaks through the $0.0000470 resistance level with much eagerness.

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

Key Levels:
Supply Zones: $0.0000600, $0.0000470
Demand Zones: $0.0000360, $0.0000260

Lucky Block Market Prediction: LBLOCK Finally Overcomes the $0.0000470 Resistance

Lucky Block has finally broken through the $0.0000470 resistance level. The market started the move two weeks ago by breaking to the upside of a triangle structure. Since then, the price has been rising. The eagerness to break the $0.0000470 resistance level can be seen in how the candles shoot long wicks to the level. At the point of writing, the candles have broken through the resistance level, ready to force their way even higher.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is diligently advancing through the $0.0000470 resistance level, commencing the move two weeks ago with an upward breakout from a triangle structure.

Since this breakthrough, the price has steadily increased, showcasing the coin’s eagerness to overcome the significant resistance and rise to $0.0000600.

Candles exhibit long wicks as they approach the resistance level, signaling a determined push until they finally breach it.

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

Crypto signals for the Lucky Block market are notably positive. The Parabolic SAR (Stop and Reverse) has transitioned below the candles since the breakout from consolidation and has consistently lined up below the candles since then. The RSI (Relative Strength Index), following a wavy trajectory, has surged beyond the 50 mark and is progressing towards the overbought zone.

Lucky Block Market Prediction: LBLOCK Finally Overcomes the $0.0000470 Resistance

On the 4-hour timeframe, the upward movement features candles shooting up long wicks, resulting in alternating Parabolic SAR dots around the daily candlesticks as the trend continues upward. The RSI has crossed beyond the 50 mark and fluctuates between the 50 mark and the overbought border. With favorable crypto signals indicating strong bullish momentum, the market is well-positioned to move quickly to the $0.0000600 resistance.

How to buy Lucky Block

NoteLearn2.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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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.

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