Lucky Block Market Prediction: LBLOCK Is Steadying Itself for a Surge

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Lucky Block Market Prediction: December 27

The Lucky Block market prediction is for the price to shoot upward as it adjusts itself to a symmetrical triangle.

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

Key Levels:
Zones of supply: $0002980, $0.0002460, $0.0002150
Zones of Demand: $0.0001880 $0.0001570 $0.0001360

Lucky Block Market Prediction: LBLOCK Steadies for an Upsurge

The LBLOCK/USD pair is on its way back above the $0.0001990 significant level. To do this, the coin is now adjusting itself to fit into a symmetrical triangle structure. It is expected that this will lead to a strong surge in price that will help it easily sail through the $0.0001990 barrier and convert it into support for the market.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market is now in the process of recoiling upwards after stopping at a former support level to accommodate more bulls at a lower price level.

In an attempt to recoil upward, the coin is now adjusting itself into a symmetrical triangle. The anchor price level is $0.0001570.

The MA period 30 (Moving Average) is aligned with the $0.0001990 zone to create a formidable resistance for the price, but with the Stochastic lines plunged into oversold territory, a strong upsurge is expected, which will break the resistance.

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

The anticipation of the triangle structure to which the coin has conformed is for a strong upsurge that will pierce through the resistance level. On the 4-hour chart, the symmetrical triangle is more pronounced, with the price tapering through it.

Lucky Block Market Prediction: LBLOCK Steadies for an Upsurge

The MA period 30 has come to a halt closer to the triangle, making it easier to break. The Stochastic Oscillator lines are also moving aggressively in the bearish half of the chart, pushing to break into the bullish half.

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.