Lucky Block Market Prediction: LBLOCK Fluctuates as a Surge Is Anticipated

Lucky Block Market Prediction: March 16

The Lucky Block market prediction is for the price to sustain its lateral movement until it moves clear of the barriers and pushes for a rally.

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 buyers have the market under control. They have prevented the coin from plummeting beyond its current level. Right now, they are looking for a way to push the price higher. The bulls will prefer to remain below the $0.0001420 key level till they move past the barrier and then rally past the $0.0001420 towards $0.0002989.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block has tapered through a descending triangle for a while. This then results in a breakout to the downside of the structure. So far, the buyers have taken control and curtailed the market.

Further, buyers want to set the price back in an uptrend. However, they are avoiding the rigor or driving upward through the structure on the ground, and they will keep the price fluctuating till they move away.

The intention is therefore to just push beyond the $0.0001420 resistance level to start the upsurge. One striking thing is the increase in volatility since the price dropped, as shown by the ATR (Average True Range). This will eventually aid in price increases.

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

The EMA period 14 (Exponential Moving Average) has escorted the price down below the $0.0001420 significant level. It is helping to keep the market in a fluctuating movement until it sidesteps the triangle structure. Meanwhile, the EMA period 14 just slides through the candles as it moves laterally.

The ATR indicator on the 4-hour chart has been lying low since the price dropped below the $0.0001420 key level. This resulted in a rise in market volatility. However, with the price unable to immediately break through the $0.0001420 resistance, the coin starts moving laterally, and volatility decreases. It is expected to increase again once the price sidesteps the barriers and rallies past $0.0001420 toward $0.0002980.

How To Buy Lucky Block

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