Lucky Block Price Forecast: LBLOCK/USD Pegs the Market’s Rise at a New High of $0.00973954

Azeez Mustapha


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Lucky Block Price Forecast – February 18

The Lucky Block price forecast is for the coin to accumulate more upward momentum after a heavy pullback, which will lead it to surpass its new high at $0.00973954.

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

Key Levels:
Resistance Levels: $0.00973954, $0.01500000
Support Levels: $0.00873850, $0.00522780
Lucky Block Price Prediction: LBLOCK/USD Pegs the Market’s Rise at a New High ofLucky Block carries on its price growth steadily, as it has been since breaching the $0.00522780 price level. Multiple critical zones were bypassed, including the former market high of $0.00746260. LBlock has now pegged its new market high at $0.00973954. From here, the price took a heavy pull back but recovered immediately above $0.00873850. The price is now preparing to continue its price increase.

Lucky Block Price Prediction: What to Expect From LBlock?

From below the solid critical zone of $0.00522780, the market conducted itself through a tunnel, violating many key levels as it rose. A characteristic of the price movement upwards is that it shows short bearish spikes as it moves upwards.

The spikes are necessary bearish influences that are helping to spur the price higher. However, a significant bearish spike occurred after attaining the new high of $0.00973954. The price dropped below $0.00701560 but quickly recovered.

This drawback is certainly going to spur the coin to even more prominent zones. The Relative Strength Index confirms this as its line bounce off the mid-line back upward. The Stochastic also made a simultaneous u-turn and upward cross to this effect.

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

The 5-minute chart shows an initial rejection at the new high of $0.00973954 after recovering from the downward spike. But the coin has immediately launched another attempt towards the critical level.
Lucky Block Price Prediction: LBLOCK/USD Pegs the Market’s Rise at a New High of The Relative Strength Index line is close to the oversold border, while those of the Stochastic have entered overbought. Both serve to highlight the renewed bullish strength in the market. The buyers will still set their sights at $0.01500000.

How To Buy Lucky Block

Note: 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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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.

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