Lucky Block Market Prediction: LBLOCK is Gearing Up for an Upward Drive

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Lucky Block Market Prediction: January 10

The Lucky Block market prediction is for the market to eventually spring off the $0.0002040 support level to complete its bullish structure.

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

Key Levels:
Zones of supply: $0002980, $0.0002150
Zones of Demand: $0.00002040, $0.0001880

Lucky Block Market Prediction: LBLOCK Gear Up for Upward Drive

The bullish agenda of the Lucky Block market is well on course. The coin has done well to bring on board more buyers at its lower price level of $0.0001360. That influence has helped the price rise back above the $0.0002040 significant level. LBLOCK is now looking to complete its bullish structure with a rally to the $0.0002980 resistance level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block has been developing its market in preparation for a bullish push. The price has made a great effort to recover from the drop to the $0.0001360 support level, which has helped it accommodate more bulls.

The coin is now settling above the $0.0002040 support level and gearing up for a bullish drive. A rise to the next major key level at $0.0002980 will confirm the bullish structure, and a breakout can be expected.

The coin is currently in the process of taking off. The RSI (Relative Strength Index) line has established a base of support on the middle line, from which it is expected to spring.

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

The Stochastic Oscillator lines, meanwhile, have dropped below their middle level on the daily chart and are approaching the oversold region. It is plausible that the Stochastic Oscillator lines will pull into the oversold region before the price finally springs up toward the $0.0002980 resistance level.

Lucky Block Market Prediction: LBLOCK Gear Up for Upward Drive

 

Things have gone a little further on the 4-hour chart. The Stochastic Oscillator lines have touched down on the oversold border while the RSI line has dropped below the middle level. This pullback is essential for the market to spring off, and then we can expect a strong rise in the market to break the $0.0002980 resistance level.

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.