Lucky Block Market Prediction: March 2
The Lucky Block market prediction is for the coin to be pushing upward against the triangle barrier in anticipation of a breakout.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $0.0002980, $0.0001880
Zones of Demand: $0.0001570, $0.0001420
Lucky Block price action is maturing as it reaches the tip of its current triangle structure. Hence, the coin is agitating and pushing aggressively against the upper boundary of the triangle as it pushes for its long-awaited breakout. Once the breakout happens, LBLOCKUSD will rise as high as $0.0002980.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The LBLOCK market has been tapering through a triangle structure as the buyers try to turn the market in their favor. This started as far back as December 2022, and it has been ongoing up until now.
Nevertheless, the price action has matured by reaching the tip of the triangle structure. There is now much agitation as the candles continually push toward the upper barrier of the triangle in search of a breakout.
The Stochastic Oscillator lines can also be seen pushing upwards toward the middle line. A rise from below the middle line will correspond to the long-awaited breakout in the market.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The EFI (Elders Force Index) powerline is reacting relentlessly around the line of equilibrium as well. A clear-cut movement upward away from the equilibrium line will also be a sign of the market’s eventual breakout from the triangle structure.
The activities of the EFI indicator are much more amplified on the 4-hour chart. Its power line is fluctuating around the zero level, ready for a push upward. When the price finally makes the long-awaited breakout, it is expected to be with much volatility that will push the market beyond several key levels till it reaches the $0.0002980 resistance level.
How To Buy Lucky Block
Note: Learn2.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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