Lucky Block Market Prediction: The LBLOCK Price Forms Bullish Asymmetric Pattern

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


Lucky Block Market Prediction: December 8

The Lucky Block market prediction is that as consolidation continues, there is hope for a bullish reversal as the market forms a new asymmetric triangle pattern.

LBLOCK/USD Long-Term Trend: Bullish (4-hour Chart)

Key Levels:
Zones of supply: $0.00015550, $0.0001670, $0.00017830
Zones of Demand: $0.00016670, $0.0001570, $0.0001990, $0.00013320

Lucky Block Market Prediction: The LBLOCK/USD Price Forms an Asymmetric Pattern Even as a Reversal Looms

From the $0.000150 price level, the price of LBLOCKUSD increased significantly to reach its current peak before descending into a range. The market has been fluctuating between $0.000178 and $0.000167 since the LBLOCK price reached a high of $0.0001780 early in the month.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Recently, the market moved beneath the range levels to force a return to a bullish order. This move is an effort to attract additional consumers who are looking to buy at a price dip.

A new bullish takeover is being signaled by the Stochastic Oscillator indicator, which reveals that LBLOCK is already moving in an oversold direction.

The Relative Strength Index’s indicator makes it clear that the market is moving toward an oversold point. Soon as the price returns to the consolidation zone, a bullish takeover should be expected.

On the other hand, the True Strength Index lines have crossed below the indicator’s signal line. This accurately depicts the activity of recent market sellers. The bulls must now reclaim their positions in the Lucky Block market because sellers have been forced into an oversold area as the indicator signal.

LBLOCK/USD Medium-Term Trend: Bullish (1-hour chart)

The LBLOCKUSD price continues to fluctuate along these upper-restriction price levels on the hourly chart. The Stochastic Oscillator lines, however, have crossed the midline, indicating that the bulls have returned to the market.

Lucky Block Market Prediction: The LBLOCK/USD Price Forms an Asymmetric Pattern Even as a Reversal Looms

The RSI signal shows that the market is currently in an unfavorable position for more sales. It is expected that the market will soon return to significant price levels. At that point, the price will certainly reach the current price ceiling.

How To Buy Lucky Block

NoteLearn2.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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

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.