Lucky Block Price Anticipation: Lucky Block Keeps Strengthening at $0.0002210 for a Bullish Turn

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Lucky Block Price Anticipation: November 8

Lucky Block price anticipation is for the buyers to strongly influence the market with the strength they gain at $0.0002210.

LBLOCK/USD Long-Term Trend: Bullish (4-Hour Chart)

Key Levels:

Zones of supply: $0.0002460, $0.0004200, $0.0005000

Zones of Demand: $0.0002210, $0.0001990, $0.0001880

Lucky Block Price Anticipation: Lucky Block Keeps Strengthening at $0.0002210 for a Bullish Turn

Lucky Block has now broken free from the consolidation channel from which it ranged for a while. However, the buyers expended much strength in violating the resistance of the consolidation zone.

Nevertheless, the price rose with consecutive bullish candlesticks to $0.0002460, where the investors eventually tire out, needing a recharge. Hence, the market slips back to the closest support level at $0.0002210, where the market is re-energizing itself.

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

During the consolidation period in the market that lasted from October into November, the consolidation zone had a double layer of resistance as well as support. Nevertheless, the buyers were the most active. The active participation of the buy traders ensured that the support remained steady, and it was the resistance that was breached.

However, this comes at the cost of expending more energy.
Eventually, the coin weakened after it met a strong barrier at $0.0002460.

This leads to a pullback to $0.0002210, where the buyers are strengthening themselves. The MACD (Moving Average Convergence Divergence) line is now dropping towards the middle zero level.

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

The EMA period 25 (Exponential Moving Average) remains generally below the candlesticks on the 4-hour chart, reinforcing the $0.0002210 demand level, so the buyers can strengthen without dipping below the current demand level. While the candles have dropped below the EMA period 25 on the 1-hour chart, the current trading level is above the line.

Lucky Block Price Anticipation: Lucky Block Keeps Strengthening at $0.0002210 for a Bullish Turn

The MACD lines have dipped below the zero level but have also crossed upward and are heading back above the zero level. This shows that the buyers have begun pushing the price upward. The market is likely to climb to $0.0004200.

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.