Lucky Block Price Anticipation: October 11
The Lucky Block price anticipation is for the market to make a long-awaited breakout in an upward direction.
LBLOCK/USD Long-Term Trend: Bullish (4-hours Chart)
Key Levels:
Zones of supply: $0.0008360, $0.0005000, $0.0009860
Zones of Demand: $0.0003130, $0.0002980, $0.0001880
Lucky Block is well poised to manifest its bullish prowess. The price remains above the $0.0001880 demand level. It is now moving sideways as the buyers are waiting for the right time for a market rally. When the coin eventually takes off, it will be looking to breach the $0.0006820 resistance level, which it initially failed to take advantage of. The next target will be to cross the $0.0010000 mark.
Lucky Block Price Anticipation: LBLOCK/USD Outlook
It is sure that Lucky Block has gotten to a price level that will permit the buyers more influence. At $0.0001880, the price has dropped to a strong level from which the coin originated.
Already the price has begun to trend sideways instead of continuing its plunge. We can therefore anticipate a bullish session to follow very soon.
The 4-hour candles have begun tugging at the MA period 20 (Moving Average) to show signs of emerging bullish activities. The RSI (Relative Strength Index) line has also risen out of an oversold position with consistently higher lows.
LBLOCK/USD Medium-Term Trend: Bullish (1-hour chart)
On the 1-hour chart, the price is stabilizing itself above the $0.0001880 price level. As a result, the Moving Average period 24 is sliding sideways through the candlesticks, more like a tapering movement. The market’s investors are awaiting the right opportunity to pump the market.
The Relative Strength Index on the 1-hour chart is an extension of the 4-hour chart. The lines of the RSI with moving up in an undulating manner, with higher highs and lows. Bullish activities are already going underground, and we can expect a pump in price very soon up to $0.0006820.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, presented product, or presented event. We are not responsible for your investing results.
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