Lucky Block Market Prediction: March 14
The Lucky Block market prediction is for the price to shoot to higher price levels once it overcomes the present barriers hindering the market.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $0.0002890, $0.0001880
Zones of Demand: $0.0001420, $0.0001200
Lucky Block is yet to use the momentum built during the weeks of price accumulation in the triangle structure. It was the momentum that made the price break to the downside of the structure. With the buyer in charge of price, the market is expected to retrace its move back above $0.0001420, where it will finally use the momentum to drive beyond every other barrier to reach $0.0002980.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCKUSD has stored up much momentum, waiting to surge after being confined in a triangle structure for several weeks.
The increase in momentum put much pressure on the support level, which gave way. The buyers are in charge of the market, which is why the price has not dropped below $0.0001250.
The buyers will now use the stored momentum to violate the barriers currently hindering them and fulfill their goal of driving up prices. The Momentum line shows a lateral, diminishing movement as momentum is maintained.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The Bollinger Bands also demonstrate how the market is consolidating for a massive breakout. The bands gradually squeezed onto the candlesticks, and this price accumulation made the price break to the downside of the triangle. The lower band is set to recoil, aiding the retraction of the price above $0.0001420.
The 4-hour Momentum indicator has not seen any major movement since the break below $0.0001420. Much momentum will be released as the price pushes upward to bypass the barriers. The Bollinger Band has curled around the lower breakout to help push it back up. A massive breakout will drive the coin to its initial target of $0.0002980.
How To Buy Lucky Block
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