Lucky Block Price Forecast: LBLOCK Finally Breaks Out; More Upside Movement Expected


Lucky Block Price Forecast – September 12

The Lucky Block price forecast is for the buyers to push even higher after they successfully execute a breakout.

LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Zones of supply: $0.000800, $0.000690
Zones of Demand: $0.000500, $0.0006130
The Lucky Block price forecast is for the buyers to push even higher after they successfully execute a breakout.Lucky Block has finally executed a breakout from below the $0.000690 significant level. The buyers are now pumped up for more upside movements because they figured that a successful violation of one resistance is a boost in self-belief for another. The market survived a drop back below $0.000690 and is now set about forcing another breakout past $0.0008410.

Lucky Block Price Forecast: LBLOCK/USD Outlook

It is safe to say the market has been captured by the bears and is now under the influence of buy-traders. The sellers dominated the market up until the 9th of September.

The coin was translated from the bearish influence using a rising triangle pattern. Two key levels were particularly instrumental in formulating the triangle—the $0.000500 and the $0.000600 significant levels.

The operation becomes successful as the price continuously tugs at the $0.000690 resistance. The MA period 50 (Moving Average) was lined up below the 30min candles all along, acting as support.

LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

After the coin rose above the $0.000690 significant level, there was an acute failure that befell the market today, in which the coin dropped right back below the $0.000690 level. However, the buyers reacted quickest to shoot the price right above the level and back to where it dropped from. that, Battle Infinity finds rest and remains above the $0.000690 level. A new plan to violate the next resistance level at $0.000840 is already underway. The Stochastic lines are falling as the price is currently seeking support at $0.000690. LBLOCK is expected to rebound immediately.

How To Buy Lucky Block 

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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.