Lucky Block Market Prediction: Volatility Increases as Rally Begins

Lucky Block Market Prediction: March 13

The Lucky Block market prediction is for the coin to begin rallying against the resistance levels until it pushes back upward.

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

Key Levels:
Zones of supply: $0.0002890, $0.0001880
Zones of Demand: $0.0001420, $0.0001200

Lucky Block buyers are on the verge of restoring themselves to their bullish intentions after excessive pressure forced a plunge below the $0.0001420 support level. The coin has taken the weekend to get reinforcement from more buyers, and the result is an increase in volatility that is aiding the market’s upward rally.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

From the overview of the market since the beginning of the year, the price has been increasingly suppressed under a descending line despite maintaining its stand above the $0.0001420 support.

This continued until March when the price no longer had room for movement. This led to an increase in energy stored. This eventually led to the $0.0001420 support yielding to pressure.

The coin, therefore, bursts downward, and now it is time for the price to rally back upward. The volatility level of the market is increasing rapidly as the market begins to rally against the resistance levels.

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

The Parabolic SAR (Stop and Reverse) dots are yet to fully respond to the intent of the buyers and therefore remain dominantly above the candlesticks on the daily chart. However, on the 4-hour chart, the dots have begun to alternate around the latest candles from Saturday to today to show that the bulls are beginning to disrupt the bearish flow in preparation for a rally.

The ATR indicator already shows increasing volatility in the market on the daily chart. It takes this into the 4-hour chart to show a high rise in the ATR line. The market is now rallying against the $0.0001250 resistance as it seeks to break back into the triangle zone and rise beyond the descending trendline toward $0.0002980.

How To Buy Lucky Block

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