Lucky Block Price Forecast: LBLOCK/USD Surpasses Its All-Time High for the Second Time in Three Days.


Lucky Block Price Forecast – February 9

The Lucky Block market forecast is for more upward movement after breaking its latest all-time high level for the second time in three days.

LBLOCK/USD Long-term Trend: Ranging (30-Minute Chart)

Key Levels:
Supply Zones: $0.00457484, $0.00393253
Demand Zones: $0.00280000, $0.00264600
Lucky Block Price Forecast: LBLOCK/USD Surpasses Its All-Time High for the Second The Lucky Block bulls are in command after breaking out of consolidation to set a new all-time high of $0.00280000. This will be the second time in 3 days that the price has exceeded its all-time high level. The latest upsurge in the market accounts for a rise of up to 94% in the coin’s value. Consecutive bullish candlesticks suggest the market’s current status at $0.00457484 will also be surpassed.

Lucky Block Price Prediction: Market Expectations

After the coin broke its highest level to reach $0.00264600 on the 7th of February, it earned a backlash from the bears. Bears capitalized on the retracement to pressure the market downward. However, buyers would keep the price above $0.00220000, the recently broken ATH.

Subsequently, the coin remains undulating in a range between critical levels. The bulls used this opportunity to accumulate momentum, which they finally unleashed on the 9th of February. This led to a powerful surge with minimal hitches that took the price to 0.00457484.

The market is currently growing as the bulls keep raging for more. The MA Cross (Moving Average) had already crossed upward from consolidation and has since acted as solid market support to keep pushing the price up. The Moving Average Convergence Divergence also shows a consistently strong bull market as its lines have remained above zero even before consolidation.

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

The 5-minute chart is just like that of the 30-minute, showing continual bullish prowess in the market. However, the 5-minute chart shows how the bears wanted to derail the market during its uptrend. But the price is seen to garner support from above the last ATH at $0.00280000. This shows that the level has become a strong support for the market.
Lucky Block Price Forecast: LBLOCK/USD Surpasses Its All-Time High for the Second The MACD indicator has its lines diverging, showing more movement upward. The MA Cross keeps making multiple crosses upwards during times of interruption. The price is set to keep rising and surpass $0.00457484.

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.