Lucky Block Price Forecast: Lucky Block Overcomes $0.0000470 Hurdle Amid Bearish Tensions
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Lucky Block Price Forecast: Lucky Block Overcomes $0.0000470 Hurdle Amid Bearish Tensions

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Azeez Mustapha

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Lucky Block Price Forecast: February 22

The Lucky Block price forecast is for the market to remain firm above the $0.0000470 level and push to higher levels from there.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of Supply: $0.0000600, $0.0000880
Zones of Demand: $0.0000470, $0.0000360

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

Lucky Block has climbed above the $0.0000470 significant level after much effort. However, bearish pull still lingers on the market, even causing a slip of a candle below the level. However, the coin is resisting the pull of the bears and has its market back above $0.0000470. It is expected that the market will keep trudging upward to reach the next significant level at $0.0000600.

Lucky Block Price Forecast: LBLOCK/USD Outlook

Lucky Block has successfully ascended above the critical $0.0000470 level after encountering substantial resistance.

Despite a momentary dip below this level, bearish pressure attempted to assert itself. However, the resilience of the coin becomes evident as it rebounds, reclaiming its position above $0.0000470.

Market observers anticipate a continued upward trajectory, setting sights on the next significant milestone at $0.0000600.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

On the daily chart, the MA period 40 (Moving Average) functions as robust support beneath the candlesticks, effectively mitigating the impact of the temporary price dip and restoring the coin above $0.0000470. The slip in price does not alter the positive direction of the MACD lines, with bullish histogram bars prominently displayed.

GATEIO:LBLOCKUSDT Chart Image by michaelfaniyi42

Examining the 4-hour timeframe, the market trend remains unaffected by the transient slip, showcasing the coin’s resilience as it resumes trading above the $0.0000470 resistance level. The MACD indicator emphasizes the coin’s strength in the short term, with the lines positioned significantly above the zero level, despite fluctuating histogram bars oscillating between bullish and bearish. Crypto signals point to LBLOCK’s continued ascent towards the $0.0000600 resistance.

How to buy Lucky Block

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