Lucky Block Price Anticipation: February 1
The Lucky Block price anticipation is for the buyers to strengthen at the next confluence zone. The market is expected to spring upward due to support offered at the confluence zone.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.00098000, $0.00095460, $0.00092110
Demand Zones: $0.00091220, $0.00090370, $0.00086860
LBLOCK is looking for a trigger at the next consolidation zone to further its bullish course. The mobility of the market was temporarily altered when it slipped below the rising trendline upon which it was undulating. The buyers have recovered the price above the trendline, and with a confluence zone in place, the market is set to get a lift above the $0.0002040 key level.
Lucky Block Market PredictionLBLOCK/USD Continues in an Uptrend
The coin still depends on the upward route mapped out earlier. The price jumped from the rising trendline to the $0.0002040 and then to the $0.0002980 resistance.
The market’s mobility was delayed due to bearish pressure that led to the price being below the rising trendline. The coin has recovered back above the trendline and now awaits a trigger for a surge.
The anticipated trigger will come as the price approaches the consolidation point. In anticipation of a spring-off in the consolidation, the Stochastic Oscillator lines have lifted out of the oversold region.
LBLOCK/USD Medium-Term Trend: Bullish (4-Hour Chart)
The market candlesticks have pushed up towards the middle line of the Bollinger Band and must trade above it to realize the increase needed. However, on the 4-hour Chart, most of the current candles are already positioned above the Bollinger middle line, and the recent drop in price has made it fall below the line again.
Meanwhile, the Stochastic Oscillator lines on the 4-hour timeframe plunged towards the oversold region border. The confluence zone where the $0.0001570 significant level crosses the rising trendline will push the price towards the $0.0002040 level, from where it can rise to higher levels.
How To Buy Lucky Block
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