Lucky Block Price Prediction: LBLOCK Steadies Above Confluence Zone

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Lucky Block Price Prediction: February 13

The Lucky Block price prediction is for the market to immediately begin rising after it takes a solid stand above a confluence zone.

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

Key Levels:
Zones of supply: $0002980, $0.0002460, $0.0002040
Zones of Demand: $0.0001570, $0.0001360, $0.0001250

Lucky Block Price Prediction: LBLOCK Steadies Above Confluence Zone

The Lucky Block market is on the road to freeing itself from the pressure the sellers have put on the market. Helping its cause is a solid confluence zone where its rising trendline crossed the $0.0001570 support level. The signs are already showing a bullish market again, and LBLOCK is expected to push to break the $0.0001880 and $0.0001990 resistance levels.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The range of movement of the Lucky Block price has been limited in recent times, especially as the sellers try to pile pressure on the market.

The coin has come out firing upwards, but it has been limited at key levels where it easily bypassed them before, at the $0.0001990 and $0.0001880 resistance levels, respectively.

The price has taken a firm stand above a confluence point when the trendline crosses the $0.0001570 level. The MA Cross (Moving Average) is due for another upward cross to confirm an upward change in market direction.

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

On the daily chart, the stochastic oscillator lines have fallen below the midpoint and are approaching the oversold zone. However, we can expect a pause as the price holds firmly above the confluence zone. Then an upturn is expected to follow.

Lucky Block Price Prediction: LBLOCK Steadies Above Confluence Zone

These seem to be playing out already on the 4-hour chart. The MA Cross lines have crossed each other to the upside, and the line can begin rising upward. Meanwhile, the Stochastic Oscillator lines, which hitherto were fluctuating around the oversold region, have surged up into an overbought region. More upward signals will be seen as the price begins its upturn toward the $0.0001880 resistance.

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.