Lucky Block Price Anticipation: LBLOCK To Keep Growing After Taking a Definite Upward Turn

Azeez Mustapha

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Lucky Block Price Anticipation: October 7

The Lucky Block price anticipation is for the market to keep growing after it takes a definite upward turn from the $0.0001880 support.

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 Price Anticipation: LBLOCK To Keep Growing After Taking a Definite Upward TurnLucky Block is predicted to keep growing upward after the buyers recharge from the $0.0001880 support level. The price had earlier taken a dip after multiple rejections. This led to the current level where the price finds itself at the $0.0001880 support level. This is a very potent level, however, because it is the origin of the coin.

Lucky Block Price Anticipation: LBLOCK/USD Outlook

Lucky Block took a hit after it failed to stabilize above the $0.0006820 significant level. It dropped back to $0.0004200 and from there, an inability to revive itself past $0.0005000 led to further drops.

The price drops to the next level at $0.0002980. The bulls began strategizing to take back the market, and part of the strategy is to drop to a lower price level to accommodate more investors.

This makes the coin step down to the $0.0001880 demand level, where it begins strengthening immediately. The Momentum indicator, as it is rising, shows that bullish activities are increasing.

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

The Parabolic SAR (Stop and Reverse) on the 4-hour chart has already marked a reversal by switching its dots to the downside of the candlesticks. This is much more evident on the hourly chart. This confirms the upward turnaround of the coin.
Lucky Block Price Anticipation: LBLOCK To Keep Growing After Taking a Definite Upward TurnAlso, the Momentum indicator on the short time frame has risen to a positive value, making a higher high and higher low as it goes. Lucky Block is expected to break through each of the price levels that it fell through earlier and reach a high level of $0.0009860.

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.

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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.

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