Lucky Block Market Prediction: LBLOCK/USD Is Expected to Leap Up From Its Strong Demand Level

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Lucky Block Market Prediction: December 13

The Lucky Block market prediction is for the price to leap up from the demand level after the coin drops close to it.

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

Key Levels:
Zones of supply: $0002980, $0.0002460, $0.0002150
Zones of Demand: $0.0002040, $0.0001990, $0.0001360

Lucky Block Market Prediction: LBLOCK/USD Is Expected to Leap Up From Its Strong Demand Level

LBLOCK/USD buyers are pushing the market to the next level. They are having to deal with the downward pressure that the price is facing. The coin is currently trading near the demand level of $0.0002040, but it is expected that the price will eventually rise above that level. This is because the bulls are set up in an array around that region.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The upsurge of the Lucky Block market from the $0.0001360 demand level broke through many key levels but could only last until around $0.0002980.

Nevertheless, the buyers have done tremendously well not to lose all their progress. The market is situated above the $0.0002040 demand level and has held on strongly there.

The bulls are now attempting to build up from there. Currently, the market is close to the $0.0002040 demand zone. Buyers still have momentum as the MACD (Moving Average Convergence Divergence) lines remain high above the zero level.

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

The MA period 25 (Moving Average) still lies below the daily candlesticks. This is also indicative of the fact that the impact of the recent exploit by the buyers still lingers on the market despite the retracement of the price close to the $0.0002040 border.

Lucky Block Market Prediction: LBLOCK/USD Is Expected to Leap Up From Its Strong Demand Level

Meanwhile, the MA period 25 on the 4-hour chart is sliding wavy through the candles, indicating a ranging movement. Also, the MACD lines are undulating right below the zero level. The reluctance of the market might give access to sellers, but the coin is expected to leap up from the current level to break $0.0002980 and rise beyond.

How To Buy Lucky Block

Note: Learn2.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.