Lucky Block Market Prediction: LBLOCK Will Propel Higher Following a Breakout

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Lucky Block Market Prediction: December 28

The Lucky Block market prediction is for a continuous upward surge after the price eventually breaks out of its symmetrical triangle.

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

Key Levels:
Zones of supply: $0002980, $0.0002150, $0.0001990
Zones of Demand: $0.0001570, $0.0001360, $0.00012000

Lucky Block Market Prediction: LBLOCK Breakout Propels Price

LBLOCK is set to be propelled higher. The price has thus far been tapering in a symmetrical triangle structure. The buyers now await a breakout. This will help propel the market to a higher price level, above the $0.0001990 supply level. More investors are encouraged to climb into the market at the current price to partake in the gain in prices.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block investors can expect a windfall, as the coin is poised to move above the $0.0001570 support level.

So far, the market has structured itself into a symmetrical triangle. A breakout of this triangle will send the price up, but with a lot of volatility.

The RSI line (Relative Strength Index) has stopped dropping and is moving sideways. Until investors decide otherwise, this is the current market trend.

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

On the daily chart, the MA Cross (Moving Average) is still on the downside. This is still the effect of the drop in the market to $0.0001570. However, as the price steadies itself for a breakout, multiple Moving Averages crosses have tilted to the top. Soon enough, we can expect the market to follow an upward direction.

Lucky Block Market Prediction: LBLOCK Breakout Propels Price

The RSI line on the 4-hour chart shows the emerging trend in the market. Unlike the daily chart, the RSI line is drawn at a gentle elevation angle and gently undulates upwards. A breakout will propel the coin above the $0.0001990 level and 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.