Lucky Block Price Prediction: Bulls Use Double Bottom to Push Price Up

Lucky Block Price Anticipation: February 23

The Lucky Block price prediction is that the buyers keep pushing the price up using a double-bottom bullish chart pattern.

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

Key Levels:
Supply Zones: $0.0001990, $0.0001880
Demand Zones: $0.0001570, $0.0001420

LBLOCK has formed a double-bottom bullish structure, which will likely push the market past its current barriers to as high as $0.0002740. The price has risen off the $0.0001420 support level, and momentum is building as buyers keep investing in the market to complete the bullish structure.

Lucky Block Market Prediction: LBLOCK/USD Continues Uptrend

Lucky Block buyers are finally getting a grip on the market. The price action has been formed into a double-bottom structure, which is a bullish reversal pattern.

The price is currently trading around the $0.0001570 significant level and will be looking to rise to $0.0001990, which is acting both as the resistance level and as the neckline of the bullish structure.

Currently, the EFI (Elders Force Index) power line fluctuates around the equilibrium line. This shows a tussle for power. However, bulls are expected to prevail due to the bullish structure.

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

The blue line of the Momentum indicator shows that market momentum is on the rise. It started as the price rose off the $0.0001420 support level. On the 4-hour chart, the Momentum line is also back on the rise after initially taking a hit.

The EFI power line on the 4-hour chart is also back on the rise after climbing above the zero level and then taking a hit. The market is set to rise after it forms a bullish structure with a double-bottom chart. Once the price breaks the neckline, which is also the resistance, the price will rise even higher.

How To Buy Lucky Block

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