Lucky Block Market Prediction: LBLOCK/USD Is Poised to Spring Upward Toward $0.00662680

Updated:

Lucky Block Market Prediction – March 10

The Lucky Block market prediction is for the coin to leave its current ranging zone and spring upward towards $0.00662680.


LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.00662680, $0.00540160
Demand Zones: $0.00517390, $0.00411820

Lucky Block Market Prediction: LBLOCK/USD Is Poised to Spring Upward Toward $0.00662680

LBLOCK is poised to break the ranging trap in which it has been confined for the past three days since March 7th. The market can be seen undulating around the $0.00540160 significant zone as upward, and downward forces cancel out each other in the market. However, as in previous times, Luck Block is storing bullish energy with which the price will skyrocket.


Lucky Block Market Prediction: What to Expect from Lblock

The market had earlier used the $0.00411820 significant level to halt a bearish trend in the market. The coin assumed a bearish status after failing to bypass the $0.00662680 resistance on the 25th of February.

The price immediately assumed consolidation after it was halted from dropping below $0.00411820. The consolidation lasted from the 4th to the 7th of March, after which LBlock formed a double bottom bullish reversal pattern.

With the pattern, the price surged to $0.00540160, continuing consolidation. The RSI (Relative Strength Index) in an oversold status means an imminent market rise.


LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

On the 5-minute chart, the price, having dropped below the $0.00540160 significant level, has now found a foothold at a lower support level at $0.00517390. From this point, the price is set to shoot upwards. The RSI (Relative Strength Index) line gradually slopes upwards towards the overbought region.

Lucky Block Market Prediction: LBLOCK/USD Is Poised to Spring Upward Toward $0.00662680

The MACD (Moving Average Convergence Divergence) indicator shows that the market is trying to recover from a predominantly bearish point of view. To this end, bullish bars have been created on the MACD chart, and its lines are also rising. If all goes as planned, LBLOCK/USD will spring past the $0.00540160 significant level to reach $0.00662680.

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.