Lucky Block Market Prediction: LBLOCK to Rebound off $0.0002040
Login

Lucky Block Market Prediction: LBLOCK to Rebound off $0.0002040

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Lucky Block Price Prediction for January 6

The Lucky Block price prediction is for the market to spring off the $0.0002040 resistance level. As a result, the price is now returning to its expected position.

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

Key Levels:
Zones of supply: $0002980, $0.0002460,
Zones of Demand: $0.0001570, $0.0002040

Lucky Block Market Prediction: LBLOCK to Test the <img fetchpriority=.0002040 Level" width="1194" height="597" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/01/z-1.jpg"/>

The LBLOCK bulls have the upper hand in the market after driving the price action into a bullish structure. The buyers are set to implement this structure with the last stroke. The market thus needs a trigger and has decided to drop to get it from the $0.0002040 support level. Indications are that the price will make an immediate recovery and rise strongly.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The market remains contested by bullish and bearish forces. However, the buyers can be said to have the upper hand as they have manipulated the market to a double-bottom bullish structure.

The bulls are applying the finishing touches to get the market to break past the resistance level at $0.0002980. The coin is currently pulling back to $0.0002040, to get a bullish trigger.

As a result, the RSI (Relative Strength Index) line has stopped rising and is now dipping toward the middle line. The middle line is a good level to bounce back up to as the price simultaneously touches $0.0002040.

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

The EFI (Elders Force Index) power line has likewise dropped back to an equilibrium level on the daily chart. Even on the 4-hour chart, the power line has also dropped, but it has maintained a level around the equilibrium level. This means the buyers have not lost control of the market and are still in a position to influence it.

Lucky Block Market Prediction: LBLOCK to Test the <img decoding=.0002040 Level" width="1194" height="597" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/01/zz-1.jpg"/>

Meanwhile, the RSI line on the 4-hour chart, which has risen to the overbought level, has taken a dive, which has seen it drop below the middle line. Nevertheless, the coin is expected to make a swift recovery as it makes contact with the $0.0002040 support level and then makes a surge toward the $0.0002980 resistance to break through.

How To Buy Lucky Block

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News