Lucky Block Price Prediction: LBLOCK Aims to Break Past $0.0001990

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Lucky Block Price Prediction: February 20

The Lucky Block price prediction is for the buyers to achieve their aim of weakening the $0.0001990 supply level by continually testing the level.

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 adjusted its orientation to put pressure on the resistance level of $0.0001990. The coin anchors around the $0.0001570 key level, from where it is spiking up at random intervals to test and weaken the resistance level. When it is successful, it will rise above the resistance level and then push further to $0.0002980.

Lucky Block Market Prediction: LBLOCK/USD Continues Uptrend

Lucky Block might have tweaked its strategy slightly. Instead of just flowing along its rising trendline, the coin is focused on weakening the $0.0001990 resistance level.

Hence, we can see the market testing and re-testing the resistance level. The price has now dropped again from the trendline and is anchoring around the $0.0001570 key level.

The Stochastic Oscillator lines well represent the activity of the market. The coin is stationed around a key level and occasionally surges up to strike the resistance level.

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

The Bollinger Bands are gradually squeezing around the candlesticks. This is very evident in the short time frame. Nevertheless, the lower Bollinger Band on the daily chart acts as extra support later to push the coin upward when it surges toward the resistance level at $0.0001990.

After the last spike that tested the resistance level on the 4th of February, the market is now preparing for another surge. This is seen as the volatility of the Stochastic line decreases since the last spike. We expect another sudden rise in price levels to test the supply level again, possibly leading to a breakout.

How To Buy Lucky Block

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