Lucky Block Price Anticipation: LBLOCK Rises Along Uptrend-Line

Lucky Block Price Anticipation: February 14

The Lucky Block price anticipation is for the market to keep obeying and rising along its trendline till the buyers gain momentum to push harder upwards.

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

Key Levels:
Supply Zones: $0.0001990, $0.0001880
Demand Zones: $0.0001570, $0.0001420

LBLOCK has battled bearish pressure to get itself back above its rising trendline. Despite the price not building on its recent spike from the confluence point, the market is now poised to continue sliding upwards along the trendline. This will continue until it gathers enough momentum to push harder toward the $0.0001990 resistance level.

Lucky Block Market Prediction: LBLOCK/USD Continues Uptrend Movement

The market has had to bear so much bearish pressure in recent times. This is partly due to the number of obstacles the coin must overcome before reaching the major resistance level of $0.0002980.

Nevertheless, buyers have been fighting to recover from every bearish bout. After recovery from one such bout, the coin rose but got rejected at $0.0001990, but the market has been able to stabilize and keep along its rising trendline as support.

The coin spiked up via a convergence point where the trendline crossed the $0.0001570 resistance level. However, the coin didn’t have the momentum to keep up. As a result, the parabolic SAR (Stop and Reverse) dots above the candles switch.

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

The Momentum indicator has its line plunging since the market got rejected at $0.0001990. Nevertheless, the line has made an upturn at its tip as the market rises along the rising trendline. On the 4-hour chart, the Moment line is undulating upward, showing progress in the short time frame.

The Parabolic SAR still has its dots aligned above the 4-hour candlesticks in response to the market’s inability to build on its spike. Nevertheless, the market is now settled atop its rising trendline, and it will continue like that until the buyers get encouraged to push harder upwards to the $0.0001990 level and past it.

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.