Lucky Block Market Prediction: LBLOCK Rises to Completes Bullish Structure

Lucky Block Market Prediction: February 27

The Lucky Block market prediction is for the coin to continue to soar higher to complete the formation of its bullish structure.

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 still about completing the formation of its bullish reversal structure that will firmly place the market in favor of the buyers. Despite the price’s apparent long delay in rising, it is expected that an upward liquidity rush will occur once the bulls receive the slightest trigger to push upward.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The construction of the Lucky Block double-bottom bullish structure remains underway. The coin has converted a testing period where it couldn’t rise beyond $0.0001990 into a potential bullish market.

The $0.0001990 resistance level itself is the neckline, while the market firmly rests against the $0.0001420 support level. The formation of the last arm of the bullish structure seems to be taking some time, but it is still going in the right direction.

The coin has touched down at the demand level, and we can anticipate an upward price rush. All the while, the RSI (Relative Strength Index) line does not drop too far from the middle line to show that bulls retain a firm grip on the market.

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

For the price to begin its rise, it has to trade above the middle line of the Bollinger Band. Fortunately, the lower Bollinger Band is also wrapped below the candles, and this can be used as a spring for the market to rise from. This is happening already on the 4-hour chart as the coin seeks to stretch the upper Bollinger Band.

The RSI line on the 4-hour chart also does not drop far from the midline but is instead seen fluctuating around the level. The market is awaiting a trigger that will help the buyers shed their weights and send the coin soaring to complete the formation of its bullish structure and break $0.0001990.

How To Buy Lucky Block

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