Lucky Block Market Prediction: LBLOCK Rises Toward $0.0001990

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Lucky Block Market Prediction: February 2

The Lucky Block market prediction is for the price to keep rising toward the $0.0001990 resistance after overcoming bearish pressure.

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 right back on track to continue its bullish agenda after enduring about a week of agitation. The price has recovered from a strong demand zone to strengthen its buying base. This has yielded good results. We now see the market rising actively toward the $0.0001990 resistance level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block has spent the past seven days trying to shrug off the bearish pressure that has accumulated on the market. This action of the sellers prevented the coin from lifting off the rising trendline.

To overcome the weight, Lucky Block then flowed with the trend to drop to the next support at $0.0001420. This helped to alleviate the market’s bearishness. Afterward, we see the coin begin to rise.

The MACD (Moving Average Convergence Divergence) indicator lines have made a golden cross upward from a negative value. Green histogram bars are also beginning to form.

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

The candlesticks have now risen off the $0.0001420 resistance level and also climbed above the rising trendline. This coincides with a convergence junction where the $0.0001570 key level crosses the ascending trendline. These combine, giving the market a lift, and the price is reaching even higher.

In continuing the bullish run, the Lucky Block market has to breach and trade above the EMA period 20 (Exponential Moving Average) on the daily chart. This was done on the 4-hour chart already. Also, the MACD lines have risen to a positive value in the 4-hour time frame. The market is expected to keep rising toward the $0.0001990 resistance level.

How To Buy Lucky Block

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