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Lucky Block Price Forecast: September 22
The Lucky Block price forecast is for the market to push its hike in price beyond the $0.0001250 resistance level to recover lost ground.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000650
The Lucky Block market finally gets the anticipated hike in price as it rallies from the support level. The coin is now primed for the $0.0001250 resistance where it was rejected. The bullish power of the coin is expected to push the price beyond the current resistance and back to $0.0001250.
Lucky Block Price Forecast: LBLOCK/USD Outlook
Lucky Block has experienced a notable surge in its market price, fulfilling long-awaited expectations as it rebounds from the support level.
Currently, it stands on the cusp of confronting the $0.0001250 resistance, which previously served as a barrier.
The coin’s bullish momentum is poised to propel its value past this resistance point. On the daily chart, the Parabolic SAR (Stop and Reverse) dots have swiftly reacted to this significant market shift, forming a single dot.
Similarly, the daily MACD (Moving Average Convergence Divergence) indicator has seen its lines sharply rise above the zero level, even in the absence of bullish histogram bars. Meanwhile, on the 4-hour chart, multiple SAR dots align beneath the 4-hour candlesticks, reflecting the strong presence of bullish forces.
The MACD indicator has managed to generate bullish histogram bars in this shorter timeframe, indicating the vigor of the market surge. It is anticipated that LBLOCK will continue its ascent, ultimately breaching the $0.0001250 resistance point.
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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