Lucky Block Price Forecast: LBLOCK Bulls Gain Momentum from $0.0000360 Level

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Lucky Block Price Forecast: March 22

The Lucky Block price forecast is for the market to regain its bullish momentum from the $0.0000360 significant level.

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

Key Levels:
Supply Zones: $0.0000750, $0.0000880
Demand Zones: $0.0000360, $0.0000600

The Lucky Block market buyers are gradually moving upward from the $0.0000360 support level. The level has been pivotal in halting the bearish trend of the price. This, in turn, gives the buyers more impetus to reverse. The market is beginning to see an accumulation of bearish reversal candlesticks which will eventually help to propel the price first to $0.0000470 and then higher.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Buyers in the Lucky Block market are progressively gaining momentum, pushing the price upwards from the critical $0.0000360 support level.

The support level has effectively been utilized to halt the recent bearish trend. This development has provided buyers with renewed confidence to initiate a bullish reversal.

The potential reversal is evidenced by the increasing accumulation of bullish reversal candlesticks. These indicators suggest a potential price surge towards $0.0000470 and beyond.

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

Despite a slight decline in market volatility from previous highs, the Average True Range (ATR) indicator on the daily timeframe indicates sufficient volatility remains, presenting buyers with opportunities to drive the coin’s price higher. Concurrently, the Elders Force Index (EFI) power line, currently in negative territory, is showing signs of upward movement as bulls continue to advance.

On the 4-hour timeframe, the ATR indicator reveals a moderated level of market volatility. However, the EFI line has ascended, reaching the equilibrium line and signalling bullish progress. While the market may require additional volatility for further upward movement, the foundation appears to be strengthening from the $0.0000360 support level, setting the stage for potential bullish developments.

How to buy Lucky Block

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