Lucky Block Price Forecast: Bulls Retain Upper Hand in Market Tussle
Login

Lucky Block Price Forecast: LBLOCK/USD Bulls Retain Upper Hand in Market Tussle

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

Azeez Mustapha

Updated:

Lucky Block Price Forecast – March 23

The Lucky Block price forecast is for the bulls to retain the upper hand as the struggle for supremacy continues. The market is expected to make more upward moves.


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

Key Levels:
Supply Zones: $0.00578480, $0.00512670, $0.00474100
Demand Zones: $0.00360520, $0.00336565, $0.00220000
Lucky Block Price Forecast: LBLOCK/USD Bulls Retain Upper Hand in Market Tussle The Lucky Block bulls retain the upper hand as the struggle for dominance continues with the bears. The price is seen trading close to the $0.00360520 price line before it drops to a more robust $0.00336565 support level. However, bears took the opportunity to slide the market further below. The buy traders were very alert to this development and immediately spiked the coin back above $0.00360520.


Lucky Block Price Forecast: LBLOCK/USD Anticipation

The tussle for dominance continues on LBlock. Buyers are working hard to regain a market they once dominated entirely. As a result, there is currently a lot of sideways movement in the market.

Nevertheless, the bulls still have the upper hand as the market keeps sideways trending. As seen previously, they tend to accumulate momentum and surge upward from such an event.

The ATR (Average True Range) indicator shows a significant increase in volatility as the price spiked upward from a recent depression. LBlock had also traded to the upside of the EMA (Exponential Moving Average) period 24 for more price increases.


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

As the market was sideways trending, the bears pulled the price below the support level of $0.00336565. This sparked a quick reaction among the buyers, leading to an upwards volatile spike. Both the $0.00360520 and $0.00336565 key levels were breached from the downside again as the price rose.
Lucky Block Price Forecast: LBLOCK/USD Bulls Retain Upper Hand in Market Tussle The Exponential Moving Average period 24 is acting in support of the price after the bullish reaction from below $0.00336565. The ATR indicator has its line rising strongly to show that there is much activity among buyers. Bulls will try to maintain their momentum to reach the $0.00578480 resistance level.

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.

  • 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