Lucky Block Market Prediction: LBLOCK Rebounds off Envelope Mid-line

Lucky Block Market Prediction: January 7

The Lucky Block market prediction is for the price to aim an assault at the $0.0001990 resistance after it dramatically rebounds off the Envelope middle line.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of supply: $0002980, $0.0002040, $0.0001880
Zones of Demand: $0.0001570, $0.0001360, $0.0001200

LBLOCKUSD buyers have become more aggressive in recent times. The market dropped to the $0.0001420 demand level and has been pumped up since. The coin then rose through the barriers until it reached a limitation at $0.0001990 and a subsequent drop. However, the price has recovered off the middle line of the Envelope indicator and has continued its aggressive upward movement toward $0.0001990.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block buyers have pumped since the price slipped off the rising trendline to drop to the demand level below it. The coin took off at the demand level and has been aggressive since.

The buyers met resistance at $0.0001990, which sent the market spiraling back toward the trendline. Nevertheless, the price has recovered dramatically.

The coin did not have to drop to the trendline or the demand level to be revived. The price has bounced off the middle line of the Envelope indicator and is now rallying back at the resistance.

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

With the initial rejection, the price dropped toward the confluence point of the trendline and the $0.0001570 demand level. The Stochastic Oscillator lines also crossed downward from the border of the overbought region. However, with the latest development, there is now a golden cross upward as the coin rebounds off the Envelope middle line on the daily chart.

There is a bit of a different outlook on the 4-hour chart. The price dropped slightly below the middle line of the Envelope indicator, but it is now pushing aggressively to rise back above it. The Stochastic Oscillator lines have dipped into the oversold region but have risen back to the middle line. The market is expected to keep rising toward the $0.0001990 resistance.

How To Buy Lucky Block

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