Lucky Block Price Forecast: Lucky Block Is Set to Spring Up From the $0.0007700 Demand

Updated:

Lucky Block Price Forecast: September 6


The Lucky Block price forecast is for the coin to push upward after it accumulates momentum from the $0.0007700 demand level.

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

Key Levels:
Zones of supply: $0.0044230, $0.0012710
Zones of Demand: $0.0007700, $0.0003370
Lucky Block Price Forecast: Lucky Block Is Set to Spring Up From the $0.0007700 DemandLucky Block has been putting in the work for a movement to the upside of the market after dropping severally down the key levels. Despite the drop, it is understood that this allows more buyers to re-invest in the market at a lower price. The $0.0007700 support zone seems the ideal point for that bullish resurgence.

Lucky Block Price Forecast: LBLOCK/USD Outlook

The bears are about to lose their grip on the market’s activity due to increasing weakness as the price plunges to lower levels. Meanwhile, the buyers are getting livelier as they prepare the market for an upsurge.

Lucky Block is currently at the $0.0007700 demand zone, and indications are that the price is primed for an upsurge from this level.

Despite the candles not making a clear upward move at the moment, the MACD (Moving Average Convergence Divergence) indicator lines are undulating in a gradual upward direction till they climb above the zero level.

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

The Envelope on the 30-mins chart has squeezed onto the candles as the price accumulates momentum for a breakout. While on the 5-minute chart, the candles are continuously bouncing from one edge of the upper Envelope band to the lower band of the Envelope border.
Lucky Block Price Forecast: Lucky Block Is Set to Spring Up From the $0.0007700 DemandThe MACD indicator on the 5-minute chart signals a switch of power to the upside of the chart. This puts the momentum in the buyer’s favour. Lucky Block is expected to spring off from the $0.0007700 demand level, and its target is first the $0.0025160 resistance, then the $0.0044230 price 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.

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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.