Lucky Block Price Anticipation: LBLOCK Market Is Preparing for the Long-Awaited Run

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Lucky Block Price Anticipation: November 17

The Lucky Block price anticipation is for the market to make its long-awaited bullish run after setting up a bullish structure.

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

Key Levels:
Zones of supply: $0.0001880, $0.0002980, $0.0004200
Zones of Demand: $0.0001360, $0.0001200, $0.0000880

Lucky Block Price Anticipation: LBLOCK Is Preparing for the Anticipated Bullish Move

Lucky Block will make its long-awaited bullish run sooner than anticipated as it begins to taper into a symmetrical triangle structure. The triangle structure will certainly propel the price past all the strong price levels that had sealed the market into accumulation. The coin’s price target after it is propelled is $0.0004200.

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

Lucky Block has taken the option of dropping to a lower level to gather more bullish strength after it failed to breach the $0.0002460 resistance in a confrontation.

Therefore, the coin plunges into a channel between $0.0001570 as supply and $0.0001360 as demand. The price consolidates, allowing the entry of more buyers.

LBLOCK is now mature enough to proceed with its bullish move. It is currently using a symmetrical triangle structure to propel its price. The Stochastic Oscillator lines have stopped falling and are crossing back above the middle line.

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

On the 1-hour chart, the MA period 20 (Moving Average) has slipped below the candles to the support level to add an extra layer of support to propel the market upward. On the 1-hour chart, however, period 20 of the MA fluctuates as candles move into a symmetrical triangle.

Lucky Block Price Anticipation: LBLOCK Is Preparing for the Anticipated Bullish Move

The Stochastic Oscillator lines on the 1-hour chart are undulating upward, making a higher high and reaching the overbought region. As the price tapers, the Stochastic lines are now drooping from the overbought region. Lucky Block is expected to break out any time soon and pierces through the key level 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.