Lucky Block Market Prediction: The LBLOCK/USD Price Will Return to Break the Restriction Zone at $0.0001670

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Lucky Block Market Prediction: November 21

The Lucky Block market prediction is that the price of LBLOCKUSD will return to break the restriction zone at $0.0001670 after retesting close support at $0.0001500.

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

Key Levels:
Zones of supply: $0.0001670, $0.0001750, $0.0001880
Zones of Demand: $0.0001570, $0.0001500, $0.0001410

Lucky Block Market Prediction: The LBLOCK/USD Price Will Return to Break the Restriction Zone at $0.0001670

LBLOCK/USD maintains its course within the bullish channel. The channel has marked the rise in the price of the coin from the support level of $0.0001410 to the supply level of $0.0001670 within a week.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Since the 14th of the month, the LBLOCK/USD has been moving in a repeated up-and-down pattern within the bullish range. At a point on the 16th, the price of the coin broke out of the channel to reach a higher high of $0.0001750, only for a sharp decline to set in moments later.

This decline brought the price back to the demand level point at $0.001500, from where the price reversed, resuming another bullish phase. In the same manner, they returned to retest at the same level again after reaching a peak.

However, it was from this point that the market began the strong bullish run that the Supertrend indicator caught sight of. In the wake of the new hyped-up bullish activities, the indicator turned green, showing a strong bullish market.

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

The Stochastic Oscillator indicates a bullish market, as the indicator lines have significantly crossed over the midline. With this, the coin bulls aim to push the price to the level of $0.0001670.

Lucky Block Market Prediction: The LBLOCK/USD Price Will Return to Break the Restriction Zone at $0.0001670

The price action is expected to follow the trendline as it seeks to break into higher territories. The MACD indicator shows a slightly oversold market, and this only further confirms the current reversal. The market is ongoing and stable.

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.