Lucky Block Price Anticipation: LBLOCK Buyers Will Keep Pushing the Market Beyond the Supply Levels

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Lucky Block Price Anticipation: November 11

The Lucky Block price anticipation is for the market to bypass $0.0001880 and other supply levels to keep up its bullish trend.

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

Key Levels:

Zones of supply: $0.0002980, $0.0004200, $0.0005000

Zones of Demand: $0.0002100, $0.0001880, $0.0000880

Lucky Block broke out of a ranging market on the 4th of November, and the market investors began pumping the coin in an upward direction. Nevertheless, the supply level of $0.0002460 was fortified to resist the market. This leads to exhaustion among the buyers and consequently a slump below the demand level, with subsequent demand levels reaching a new low. However, a reinvigorated buying base has begun to pump up the price with more aggression.

Lucky Block Market Prediction: LBLOCK/USD continues in an uptrend

Lucky Block is immediately rediscovering its swagger after a short period of weakness in the market. The price was unable to bypass a key supply level at $0.0002460, and it became exhausted and dropped hard.

The buy-traders immediately found their feet at $0.0001560 and have begun to pump the market ever more aggressively. The coin is currently negotiating the first nearest supply level at $0.0001880 and is expected to scale through.

The RSI (Relative Strength Index) line, which had hitherto plunged into oversold territory, has shot up and is very close to the middle line. The reversal is very sharp, such that the MA Cross lines have not crossed each other.

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

However, on the 1-hour chart, the MA Cross (Moving Average) lines have crossed each other to the upside as the market keeps climbing aggressively. The Relative Strength Index line on the 1-hour chart has risen strongly into the bullish half of its chart. This highlights the fact that the investors are actively pumping the market.

Lucky Block Price Anticipation: LBLOCK Buyers Will Keep Pushing the Market Beyond the Supply Levels

It is expected that Lucky Block will breach the current supply level at $0.0001880 and rise further to bypass the subsequent key levels. This is due to the current aggressive nature of the buyer base. The potential destination for the market lies at $0.0004200.

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.