Lucky Block Price Anticipation: Lucky Block to Add More Bullish Firepower From a Ranging Zone

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Lucky Block Price Anticipation: November 15

The Lucky Block price anticipation is for the coin to add more bullish firepower from a ranging zone, which will help the market climb higher.

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: Lucky Block to Add More Bullish Firepower From a Ranging ZoneA ranging period for the Lucky Block market was initially in a channel with $0.0002150 as resistance and $0.0002040 as support. The result is a sharp rise in price to the $0.0002460 supply level. The market was, however, blocked from rising further, and then it dropped. The new plan is to add more buyers to the market; this will be more possible at a lower price level. LBLOCK is expected to rally aggressively after this phase.

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

Lucky Block is getting ready for a strong increase in price as market investors are getting very active. They have successfully stopped a definite plunge, and now they plan to push up the price.

The initial plan was to generate momentum after a period of accumulation in a ranging zone. Things went according to plan until the coin was blocked at a major resistance level of $0.0002460. This prompted the need to add more investors at a lower price.

The price is now ranging in a new zone between $0.0001570 and $0.0001360. The coin dropped slightly below the support but has recovered and is about to trade above the MA period 14 (Moving Average).

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

On the 1-hour chart, the RSI (Relative Strength Index) line has risen back from an oversold position and is currently testing the mid-level from below as the market seeks a rise. On the 1-hour chart, the RSI line has already risen above the mid-level.
Lucky Block Price Anticipation: Lucky Block to Add More Bullish Firepower From a Ranging ZoneAlso, the MA period 14 on the 1-hour chart has dropped below the candlesticks, and buyers are gradually taking control of the market. In a short while, LBLOCK is expected to spring past all the barriers and reach a high price level of around $0.0004200, according to the plans of the buyers.

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.