Lucky Block Market Prediction: LBLOCK Trades at $0.0002040 Ahead of Possible Rally

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Lucky Block Market PredictionJanuary 11

The Lucky Block market prediction is for the price to push on with its bullish agendaThe coin prepares for a rally from its current demand level.

LBLOCK/USD LongTerm TrendBullish (1Day Chart)

Key Levels:
Zones of supply: $0002980, $0.0002150
Zones of Demand: $0.00002040, $0.0001880

Lucky Block Market Prediction: LBLOCK Trades at $0.0002040 Ahead of Possible Rally

Lucky Block remains reliant on the $0.0002040 significant level for supportThe coin overcame a pullback to rise above the level and has since maintained a firm grip at the key levelThis is the recipe for a rallyThe current volatile price movement above the level will eventually give way to the anticipated price rise.

Lucky Block Market PredictionLBLOCK/USD Anticipation

Lucky Block has maintained a firm grip on the strong support level at $0.0002040 since ascending back above itleaving the price with no choice but to rise from it.

The $0.0002040 demand level extends its influence down to $0.0001990thereby making it strong enough to withstand the slightest form of bearish pressureThis gives buyers time and support to facilitate a rally.

In additionthe MA period 25 (Moving Averagehas aligned below the daily candlesticks to form an extra layer of support for the market.

LBLOCK/USD MediumTerm TrendBullish (4hour chart)

The MACD (Moving Average Convergence Divergencechart shows that since the price made a recovery from $0.0001360 and rose back above $0.0002040the coin has been in bullish territoryThe bullish histogram bars that have formed are strongand the MACD lines remain in an uptrend.

Lucky Block Market Prediction: LBLOCK Trades at $0.0002040 Ahead of Possible Rally

Neverthelessthe hour chart shows that there are presently strong currents in the Lucky Block marketwhich are making the price undulate sharply with the $0.0002210 key levelThis causes the MACD lines to flow up and down around the zero lineIn generalbuyers still have the marketand the current volatility shows that the price is gearing up for a breakout toward $0.0002980.

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.

 

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.