Lucky Block Market Prediction: February 8
The Lucky Block market prediction is for the coin to first rise above the $0.0001880 barrier before further price increases.
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 is heading back in its structured direction after a momentary interruption. More bulls have joined the market at the $0.0001420 demand level, and the coin is looking to push back above $0.0001990. An initial rejection is not enough to stop this upward movement. The price is now poised to breach $0.0001880 on its second rise.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block is set to continue the pattern that started in December last year, where the price is tapering through a triangle structure.
The coin is rising along a trendline, but it is being capped by the $0.0002980 barrier. The goal is to keep rising along the trendline and increase pressure on the resistance level.
The market has recovered from an interruption to continue in this trend. The Parabolic SAR (Stop and Reverse) dots have finally switched below the candlesticks to confirm the current price rise.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
After recovering from the $0.0001420 support zone, the MACD (moving average convergence divergence) indicator also indicates a rising market. The price made an initial surge against the $0.0001990 resistance, but it was promptly rejected. This caused a brief drop, but buyers have recovered and are pushing the market upward again.
On its second rise, the $0.0001880 is now presenting a barrier to the market. The coin is expected to easily break this barrier and rise back to $0.0001880 and beyond. The Parabolic SAR dots remain below the 4-hour candles. while the MACD lines on the 4-hour chart remain positive, accompanied by decreasing histogram bars.
How To Buy Lucky Block
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