Lucky Block Price Prediction: LBLOCK Continues Bullish Agenda

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Lucky Block Price Prediction – January 13

The Lucky Block price prediction is for the market to recover swiftly from its recent slip-up and still push ahead with its bullish agenda.

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

Key Levels:
Zones of supply: $0002980, $0.0002460
Zones of Demand: $0.0001570, $0.0002040

Lucky Block Price Prediction: LBLOCK Continues Bullish Agenda

LBLOCK is to recover from its temporary dip and continue its bullish agenda. The price is set up for a bullish drive, but after a short period of lateral movement, the coin slipped and dipped below the $0.0002040 support level. The coin will make an immediate recovery and bounce back above $0.0002040. This is evidenced by previous dips.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

LBLOCK has been putting a spanner in the works to ensure an increase in its price. After falling below the $0.0002040 support and demand level, it recovered sharply.

The price is to ride upward to the $0.0002980 resistance level to complete the formation of a double-bottom bullish structure. However, the coin starts ranging and eventually plunges below the support.

We anticipate the market’s recovery back above the $0.0002040 key level. The MACD (Moving Average Convergence Divergence) remains above the zero level, though it has crossed into a downtrend.

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

In diving downward, the latest candle on the daily chart has dived close to the lower line of the Envelope indicator. This highlights how deep the plunge is. This is the same situation on the 4-hour chart: the candles are approaching the lower line of the Envelope indicator.

Lucky Block Price Prediction: LBLOCK Continues Bullish Agenda

Meanwhile, on the 4-hour chart, the lines of the MACD have dived deep below the zero level. The histogram bars are big and bearish to show that the coin has plunged. The market is to push above $0.0002040 as seen in previous scenarios.

How To Buy Lucky Block

NoteLearn2.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.