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

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


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

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

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.

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

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

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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

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.