Lucky Block Price Forecast: Bullish Momentum Expected to Propel Coin Above $0.0001420
Login

Lucky Block Price Forecast: Bullish Momentum Expected to Propel Coin Above $0.0001420

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Lucky Block Price Forecast: August 22

The Lucky Block price forecast is for buyers to build up on the momentum gained while consolidating to drive the market beyond $0.0001420.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000650

Lucky Block Price Forecast: Bullish Momentum Expected to Propel Coin Above $0.0001420

Following the long-awaited breakout from a triangle consolidation formation, the Luck Block market sent a first spike that rose beyond $0.0001420. Another smaller spike came after the bulls threw the spanner into the works. It is expected that from here, the coin will likely use the momentum generated to climb higher. LBLOCK is expected to push to the $0.0001420 resistance.

Lucky Block Price Forecast: LBLOCK/USD Outlook

After a protracted period of anticipation, the Lucky Block market finally broke free from its triangular consolidation formation, initiating a noteworthy sequence of events.

A substantial surge propelled the market to achieve its first spike, surpassing the $0.0001420 threshold. Subsequently, a smaller spike followed, showcasing the dynamic interplay between bullish forces.

This development sets the stage for leveraging the accumulated momentum to facilitate an upward ascent. LBLOCK’s trajectory is poised toward challenging the $0.0001420 resistance.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

A closer examination of the daily chart reveals the converging MA Cross (Moving Average) lines, signifying their imminent upward intersection. Simultaneously, the EFI (Elders Force Index) power line has surged above the zero mark, indicating a shift in control towards the buyers’ domain.

Lucky Block Price Forecast: Bullish Momentum Expected to Propel Coin Above $0.0001420

On the 4-hour chart, a robust upward cross is evident in the MA Cross indicator, emphasizing the prevailing market direction. At present, the EFI power line rests at an equilibrium level. This context imbues buyers with a potent opportunity to propel the coin upward, potentially aiming for the coveted $0.0001420 mark.

 

How To Buy Lucky Block

NoteLearn2.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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News