Lucky Block Market Prediction: March 23
The Lucky Block market prediction is for the coin to take advantage of the $0.0001620 key level to overturn its pullback.
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 still in its correction stage. The market is looking for a key level to stabilize its price. The $0.0001620 price level is currently acting in this steady manner. The market can now be seen moving laterally along this key level. If the market sustains a little bit more, the buyers will try to influence the price right at this level to raise the coin above $0.0001990.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCKUSD surged higher on the 18th of March after it was able to sidestep the barriers that kept it ranging for more than one week.
The surge sees the price rise high to $0.0003366, which represents more than a 200% price increase. The buyers are unable to peg the price at that high level, and hence, the coin corrects itself back below $0.0001990.
Even below $0.0001990, the correction continues due to the amount of energy expended. LBLOCK seeks support to rebound from. The MA period 20 (Moving Average) remains below the daily candles for support.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The RSI (Relative Strength Index) has likewise responded to the surge in price and the subsequent correction. However, the RSI remains above the 50 mark, and the price is likely to stabilize and reverse its retracement above this 50 mark. The price is holding on around the $0.0001620 key level.
On the 4-hour chart, the market has now traded below the MA period 20, but not too far from it. Nevertheless, the RSI halted its downward movement and began a lateral movement along the 50 mark. The market will have a breather at this level, and buyers will be allowed to influence the price at this point. The goal is first to break through $0.0001990.
How To Buy Lucky Block
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