Lucky Block Price Anticipation: LBLOCK Leverages a Strong Demand Base for an Upward Rise

Lucky Block Price Anticipation: November 2

The Lucky Block price anticipation is that the market will get a price increase as it leverages a strong demand zone to push upward.

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

Key Levels:
Zones of supply: $0.0002980, $0.0004200, $0.0005000
Zones of Demand: $0.0002040, $0.0001990, $0.0001880

There is certain confidence among the Lucky Block buying base to lift the price level despite the difficulties encountered recently in the market. The confidence is not only based on the enthusiasm of the market investors to push up the coin level but also on the fact that there is a strong demand zone to spring up from.

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

An initial rumble ensued when the buyers challenged the sellers to force a reversal as the price dropped to $0.0001880. The bulls were victorious, and they immediately pitched the coin above $0.0002040.

The influence of the $0.0002040 demand stretches to $0.0001990. It was decisive in helping to prevent the drop of the coin when the sellers tried to strike back. Hence, the market returned to stability above this level.

The MACD (Moving Average Convergence Divergence) indicator has its line above the zero level as the price consolidates above the strong demand zone at $0.0002040.

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

The Stochastic Oscillator lines have been undulating at a central level. It recently dropped to the oversold border and bounced back up immediately. This highlights the strength of the demand zone to keep the price afloat. On the 1-hour chart, the Stochastic lines are prevented from dropping below the oversold border.

The alternation of the MACD lines is evenly spread on the 1-hour chart, undulating around the zero level. Currently, the lines have crossed upward from below the zero level as Lucky Block tries to launch another assault on the resistance level limiting the market. The gaze of LBLOCK buyers is set at $0.0002980.

How To Buy Lucky Block

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