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Lucky Block Price Forecast: September 28
The Lucky Block price forecast is for the market to keep recharging above the $0.0000200 level, likely leading to a recovery to $0.0000880.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001250, $0.0000880
Demand Zones: $0.0000360, $0.0000200
The Lucky Block market is recharging itself above the $0.0000200 support level. The coin has dropped below the $0.0000800 monthly support level to exceed the supply lines above the market level. The price is now hovering above $0.0000200, where the market is attractive to bulls with the bullish potential present in the market. Hence, the price is recharging as more buyers hop into the market. We could see a price surge anytime from now on.
Lucky Block Price Forecast: LBLOCK/USD Outlook
LBLOCK is in a consolidation phase just above the crucial $0.0000200 support level. In its pursuit to overcome the multitude of supply barriers positioned above the market, the coin has retraced to a level lower than the $0.0000800 monthly support.
Currently hovering slightly above $0.0000200, the market presents an attractive proposition for bullish investors, given the persistent bullish potential inherent in this coin.
Consequently, the coin rejuvenates as more buyers enter the market, setting the stage for a potential price surge.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The Bollinger Bands have expanded significantly to the downside due to the recent price decline. However, there is an anticipation that the lower band will soon readjust around the daily candlesticks to instigate an upward trajectory. The Moving Average Convergence Divergence (MACD) indicator predominantly reflects bearish sentiment in response to the recent market downturn.
On the 4-hour chart, the downward plunge has transitioned into a more incremental, slant movement, indicating sellers’ exhaustion. Consequently, the lower Bollinger Band has embraced the 4-hour candles from beneath. Additionally, the MACD lines are on the verge of crossing upwards, with the bearish histogram bars retracing. This signifies the commencement of a recovery phase, with the immediate target set at $0.0000880.
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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