Lucky Block Market Prediction: LBLOCK Mounts Pressure Upward

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Lucky Block Market Prediction: February 9

The Lucky Block market prediction is for the price to keep mounting pressure in an upward direction till it rises above the $0.0002040 level.

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

Lucky Block Market Prediction: LBLOCK Mounts Pressure Upward

The Lucky Block coin has recovered from the $0.0001420 support level after it initially slipped off its rising trendline. The price has encountered some barriers at $0.0001990 and $0.0001880, respectively. The market is now positioning itself to mount pressure against the barrier levels that are limiting the price increase.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is reviving itself to get back into the shape of a bullish structure. This is happening after its pattern was interrupted at the rising trendline, which acted as support for the market.

The market must now overcome barriers that did not previously pose a significant barrier. However, the coin is shaping up well enough to put pressure on those barriers to pass through.

The EFI (Elders Force Index) powerline, despite drooping from its high point, remains above the zero level. This shows that bulls are still in control of the market.

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

Still, on the daily chart, the MA period 14 (Moving Average) is acting as a support even before the price drops to the next major support. The market is putting pressure on the $0.0001880 resistance level from the MA.

Lucky Block Market Prediction: LBLOCK Mounts Pressure Upward

On the 4-hour chart, the candles are trying to stabilize above the MA period 14. The aim is to push up from the Moving Average to mount pressure on the $0.0001880 resistance. The EFI power line has recovered back above the zero level as the market pushes hard upward.

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.