Lucky Block Price Anticipation: The Volatility of LBLOCK Will Rise in Preparation for an Upward Push

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Lucky Block Price Anticipation – October 28

The Lucky Block price anticipation is for the price to keep increasing the market’s volatility till it gets strong enough to push upward.

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

Key Levels:

Zones of supply: $0.0002980, $0.0004200, $0.0005000

Zones of Demand: $0.0002100, $0.0001880, $0.0000880

Lucky Block Price Anticipation: The Volatility of LBLOCK Will Rise in Preparation for an Upward Push

Having restored the Lucky Block market above the $0.0002060 demand line, the buyers are now drumming up volatility to use it to their advantage. An increase in volatility will loosen the stronghold of the sellers on the market, allowing the buyers to swoop in to take advantage. This is expected to lead to an upsurge with the same volatility level.

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

The last time the market volatility rose this high was when the bears brought down the market aggressively at the beginning of October. The activities of the bears have since then been nullified at the $0.0001880 level.

The buyers have tried to raise the price level through a direct method of rising through the key levels, but the influence of the sellers is also telling on the market. As a result, buyers have resorted to increased volatility.

The ATR (Average True Range) indicator shows the trend in volatility. The volatility indicator can be seen rising from the low at which it previously was. The Stochastic Oscillator is undulating in the bullish half.

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

On the 1-hour chart, the Average True Range line has risen very high to show the increase in volatility in the short time frame. The Stochastic Oscillator mirrors the movement of the Lucky Block market as it drums up volatility.
Lucky Block Price Anticipation: The Volatility of LBLOCK Will Rise in Preparation for an Upward PushThe market is now stationed and established at the $0.0002060 price level, and the market is expected to surge upward from there. Likely, the price will first rise to $0.0002980 before driving further upwards towards $0.0005000.

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.