Lucky Block Market Prediction: LBLOCK Rallies off From $0.0002040

Azeez Mustapha

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Lucky Block Market Prediction: January 9

The Lucky Block market prediction is that the market will keep a steady upward pace after it kick-starts its highly anticipated uptrend from the $0.0002040 demand level.

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 Rallies off to $0.0002040

The Lucky Block market is still under the control of the buyers, who are set to build the last arm of the double-bottom bullish structure. So far, it has taken some time for the price to stabilize above the $0.0002040 demand level. The price will begin to rally as a strong bullish candlestick is seen rising from $0.0002040. The market rally is expected to kick on from there.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block buyers have maneuvered the market. They did this, such that the back-and-forth movement of the price has been structured into a bullish chart pattern.

The pattern formed is a double-bottom chart pattern. It remains only a little for the pattern to be completed, and then the market is expected to break out from the neckline of $0.0002980.

After demonstrating strength by breaking above the $0.0002040 level, the price stabilized above it and began a rally toward the level. The Stochastic line has stopped plunging and crossed upward.

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

The MA Cross (Moving Average) on the daily chart is currently in a lateral movement, still following its status when it stabilized on the $0.0002040 support level. However, on the 4-hour chart, a definite upward cross confirms the beginning of a rally. As the price shoots up, it rises above the $0.0002210 level and has risen into the overbought region on the 4-hour Stochastic chart.

Lucky Block Market Prediction: LBLOCK Rallies off to $0.0002040

Nevertheless, the coin has pulled back to the $0.0002150 level and has risen into the overbought region on the 4-hour Stochastic chart. Nevertheless, the coin has pulled back to the $0.0002150 level. The price will kick right on from this level and finally put the rally into full swing. LBLOCKUSD will aim for $0.0002980.

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.

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