Lucky Block Price Forecast: LBLOCK Reaches the Next Phase of its Bullish Resurgence
Login

Lucky Block Price Forecast: LBLOCK Reaches the Next Phase of its Bullish Resurgence

Estimated Reading Time: 3 minutes

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Lucky Block Price Forecast: November 17

The Lucky Block price forecast is for the market to keep making bullish progress towards a price surge of $0.0000880.

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

Key Levels:
Supply Zones: $0.0000880, $0.0000360
Demand Zones: $0.0000260, $0.0000200

Lucky Block Price Forecast: LBLOCK Reaches the Next Phase of its Bullish Resurgence

The Lucky Block market has reached the next stage in its bullish resurgence as it keeps building momentum to break out of consolidation. The first stage of its resurgence is to recover from the dip below the $0.0000260 support level. After that, the market maintained a stronghold above the same support level to stabilize the market. Presently, LBLOCK has resumed a steady ascent from the support level towards the resistance level. This is confirmed by the accumulation of consecutive bullish candlesticks.

Lucky Block Price Forecast: LBLOCK/USD Outlook

LBLOCK has entered the next phase of its bullish resurgence, demonstrating sustained upward momentum aimed at breaking out of consolidation.

The initial stage of recovery involved bouncing back from a dip below the $0.0000260 support level. Subsequently, the market has maintained a robust position above this support level, contributing to overall market stabilization.

At present, the coin is on a consistent upward trajectory from the support level toward the resistance level, as evidenced by the accumulation of successive bullish candlesticks.

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

A closer look at the daily chart reveals the Moving Average (MA) Cross moving laterally across the daily candles. Meanwhile, the Elders Force Index (EFI) power line vividly illustrates the various phases of the bullish resurgence. Initially below the zero level, it fluctuated around zero before surging into positive territory.

Lucky Block Price Forecast: LBLOCK Reaches the Next Phase of its Bullish Resurgence

On the 4-hour timeframe, the MA Cross has unequivocally executed an upward cross and is currently functioning as a support line. The EFI power line on this timeframe indicates the market is in a phase of oscillation around the equilibrium level, anticipating additional bullish force and movement. It is anticipated that LBLOCK will continue its ascent, ultimately surpassing the consolidation level.

How To Buy Lucky Block

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment 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