Lucky Block Market Prediction: LBLOCK Rears for a Bullish Ride

Azeez Mustapha

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Lucky Block Market Prediction: March 3

The Lucky Block market prediction is for the price to keep putting pressure on the upper border of its triangle until it breaches it and rises strongly.

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 Rears for a Bullish Ride

Lucky Block is raring to go bullish as it reaches the maturity point of its triangle bullish structure. Currently, the price action ranges between the lower and upper boundaries of the triangle. It does not have much impact on the lower boundary because it is aided by the support level. Therefore, the upper border has taken the brunt of the ranging action and is set to allow the surge of the price to the $0.0002980 resistance level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market is raring for a bullish ride after it moved ever closer to the maturity stage of its bullish structure. The price is now jumping back and forth from the triangle’s lower border to the higher border.

The market is anticipated to break out anytime soon as the continuous testing of the upper border of the triangle keeps weakening it.

The MA period 25 (Moving Average) has taken a position above the market as the coin keeps undulating. A breakout of the market will trade above the MA line as well.

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

The RSI (Relative Strength Index) line on the daily chart has taken a position just below the middle line of the RSI chart, and it keeps testing it. However, on the 4-hour chart, the cranking price is now trading above the MA period 25 to test the upper border again.

Lucky Block Market Prediction: LBLOCK Rears for a Bullish Ride

There is a more progressive movement for the RSI line on the 4-hour chart. The coin is undulating upward and has risen past the midline. There will be another test of the upper border of the triangle. This will weaken it further. A breakout is anticipated for the Lucky Block market, pushing it to the $0.0002980 significant level.

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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