Lucky Block Price Anticipation: LBLOCK is Expected to Keep Rising

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 7

Lucky Block price anticipation is for the market to keep up its upward trajectory after it breaks former consolidation and rises to a new price level.

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 Price Anticipation: LBLOCK Is Expected to Keep Rising

Lucky Block is finally on an upward ascendency after it evaded a prolonged ranging phase. The ranging phase lasted for more than 2 weeks, from the 18th of October to the 4th of November. Afterward, it broke the supply level and rose directly to $0.0002462. Currently, the price is retracing to the closest support level at $0.0002223, from where it is expected to bounce back and continue its uprising.

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

Lucky Block has successfully navigated through its range phases, which lasted for more than 2 weeks. The coin can now be said to be well-equipped to begin its journey in an upward direction.

Therefore, the coin breaks the supply level that keeps it in consolidation and surges past a couple of price levels to get to $0.0002462. The market is now retracing to the nearest support to regain its energy.

The RSI (Relative Strength Index) line, having entered the overbought territory, has dropped to the middle line due to retracement. The MA period 30 is below the 4-hour candles and will offer support to the buyers to continue the uptrend.

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

On the 1-hour chart, the market’s retracement is in full gear as the coin drops back to the $0.0002223 support level. As a result, the market has traded below the MA 30. Likewise, the RSI line has dropped below the middle line and into the bearish half of the chart.

Lucky Block Price Anticipation: LBLOCK Is Expected to Keep Rising

All the current bearishness of the market in this shorter timeframe is expected to be corrected soon enough to align with the bullish outlook on the 4-hour chart. Therefore, we are expected to see the coin rise, break the $0.0002462 limit, and continue to rise to higher levels.

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
  • 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.