Lucky Block Price Anticipation – February 25
The Lucky Block price anticipation is for a bullish rise that will violate the $0.00746260 significant supply level.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Key Levels:
Supply Zones: $0.00746260, $0.00614680
Demand Zones: $0.00522780, $ 0.00393250
Lucky Block exudes fresh bullish strength as it powers its way out of consolidation. Against the run of events, the market bulls keep making significant efforts to raise the price back to its gyrating best. The latest effort of the buyers sees the coin surge out of consolidation to reach the strong price level of $0.00522780. After a pullback, the market has violated the zone and keeps rising.
Lucky Block Price Anticipation: What Next for LBLOCK/USD?
LBlock dropped below the $0.00746260 solid supply level to forge into a bullish flag formation, expected to drive it to higher price levels. However, the buyers have found strong resistance at the $0.00614680 significant level.
The result is that the coin has been driven lower, even falling below $0.00522780, which represents another critical level. However, Lucky Block has now burst forth with fresh bullish strength, and it pumps out of consolidation to break $0.00522780.
The market’s rise is set to continue with the next target to break the strong resistance at $0.00614680 before further upward movement. The Elders Force Index has risen to a positive value in favour of the bulls as the market tugs continuously at the upper boundary of the Bollinger Band with consistent bullish candlesticks.
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
The 5-minute chart shows that after an initial failure to hold above $0.00522780, there was a pullback below the level. At this point, there was a Bollinger squeeze as the coin awaited a push from market forces.
Eventually, LBlock pumped in an upward direction, breaking past the level. The EFI power line has moved from equilibrium to sway the market in the bulls’ favour. The target is first $0.00614680 and then $0.00746260.
How To Buy Lucky Block
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