Lucky Block Market Prediction: LBLOCKUSD Gains Momentum, Eyes $0.0000600 Resistance

Azeez Mustapha

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Lucky Block Market Prediction: February 21

The Lucky Block market prediction is for the price to use the momentum given to navigate upward to the $0.0000600 resistance level.

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

Key Levels:
Supply Zones: $0.0000600, $0.0000880
Demand Zones: $0.0000470, $0.0000360

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

LBLOCKUSD is pushing higher and has successfully navigated some price levels, including the $0.0000470 resistance level. Currently, the coin is trying to stabilize itself above the $0.0000470 level, which has been converted from resistance to support. From here, LBLOCKUSD is expected to launch an assault at the $0.0000600 resistance level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCKUSD is currently demonstrating a significant upward momentum, successfully surpassing key levels.

These key levels include the $0.0000470 resistance. The coin now seeks stability above the same level.

It can be said that the $0.0000470 key level has now been converted to a support level due to the success of the bulls. The market is poised for an assault on the $0.0000600 resistance.

Market Expectations

Examining the daily chart, the price penetrates the lower, middle, and upper Envelope bands. Notably, the Envelope is a supportive indicator of the ongoing price rise. The EFI (Elders Force Index) powerline takes a decisive upward path, crossing above the zero level, signaling a robust bullish presence.

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

Transitioning to the 4-hour timeframe, the price is consistently above the Envelope’s middle line. Observing numerous wicks piercing the upper Envelope line during the upward movement, the EFI power line rises significantly above zero, indicating strong bullish momentum. Expectations align with further upward movements as bulls continue their ascent.

How to buy Lucky Block

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

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