Lucky Block Market Prediction: LBLOCKUSD to Utilize High Volatility to Propel Price

Lucky Block Market Prediction: March 20

The Lucky Block market prediction is for the price to utilize the strong support at $0.0000360 as well as the high volatility to propel its market upward.

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

Key Levels:
Supply Zones: $0.0000470, $0.0000600
Demand Zones: $0.0000360, $0.0000260

Lucky Block has dropped to the $0.0000360 support level after price rejection at a higher level. It is now expected that the coin will finally make a turnaround at this point. A reason is due to the strong presence of buyers arrayed at this level. This was responsible for the turnaround the last time the price dropped to this level in early February. Moreover, the high volatility level of the market will aid the rally.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block has recently retraced to the $0.0000360 support level following a rejection from higher price levels.

It is anticipated that the coin will initiate a turnaround, buoyed by the notable presence of buyers at this significant $0.0000360 level.

This trend mirrors the market dynamics observed in early February, where a similar price drop led to a reversal, further bolstered by the heightened volatility characteristic of the market.

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

Analyzing the daily timeframe reveals intriguing crypto signals, with the Relative Strength Index (RSI) taking a sharp decline from the overbought zone, plummeting beyond the 50 mark into the oversold territory. Despite the decline in prices, market volatility remains relatively stable compared to the period when the coin surged to the $0.0000750 resistance level.

On the 4-hour timeframe, the RSI similarly descends towards the oversold border, although it remains within range of the middle line rather than dipping into the oversold zone. Meanwhile, the Average True Range (ATR) indicator exhibits a steady decrease, yet the volatility level remains predominantly positive. Consequently, buyers are poised to capitalize on these crypto signals to initiate a price reversal from the $0.0000360 support level, leveraging the market’s high volatility to drive momentum upward.

How to buy Lucky Block

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