Lucky Block Market Prediction: Lucky Block Reaches $0.0000470 Resistance Level
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Lucky Block Market Prediction: Lucky Block Reaches $0.0000470 Resistance Level

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Azeez Mustapha

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Lucky Block Market Prediction: February 15

The Lucky Block market prediction is for the price to go on to test the $0.0000470 multiple times after this initial contact. This is expected to lead to a breakout.

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

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

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

Lucky Block makes the first contact with the $0.0000470 significant level by piercing through it. Even though the market was then rejected immediately, there is a huge significance in the touch. The last time candlesticks made any contact with the $0.0000470 level was in late January, falling back to the $0.0000360 demand level. The contact shows progress for the market, and there can now be more contacts that will eventually lead to a breakout.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block marks its initial breakthrough at the significant $0.0000470 level, penetrating through, after which there was an immediate pullback.

This test holds considerable significance, as the last contact with the $0.0000470 level was in late January, leading to a retreat to the $0.0000360 demand level.

This contact signals progress, opening the possibility for subsequent tests that may ultimately result in a breakout.

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

Following an extended lineup of Parabolic SAR (Stop and Reverse) dots above the daily candlesticks, a pivotal shift occurs as the dots transition below the candles. This occurs as the price relentlessly targets the $0.0000470 resistance level. The MACD (Moving Average Convergence Divergence) lines exhibit an upward crossover, accompanied by bullish and expanding histogram bars.

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

On the 4-hour timeframe, the upward movement prompts alternating Parabolic SAR dots around the candles. The MACD lines display an upward crossover, steadily climbing above the zero level. While histogram bars alternate between bearish and bullish, the prevailing expectation is a shift toward an all-bullish pattern. The overarching objective is to breach the $0.0000470 level and advance toward $0.0000600, as confirmed by positive crypto signals.

How to buy Lucky Block

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