Lucky Block Price Prediction: LBLOCK/USD Gears up to a Prominent Level

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Lucky Block Price Prediction – February 17

The Lucky Block price prediction is for the price to solidify its hold above the $0.00746260 level as it gears up for a more prominent position above $0.00873850.

LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)

Key Levels:
Supply Zones: $0.00746260, $0.00873850, $0.01500000
Demand Zones: $0.00393250, $0.00614690, $0.00701560
Lucky Block has taken the latest market stride to ascend above the $0.00746260 significant level to a more prominent level at $0.00873850. The coin continued to be resilient as it pushed its way through many key levels to reach this height. There was strong resistance to the uptrend at $0.00701560, but the price managed to bypass it to maintain its bullish momentum.

Lucky Block Price Prediction: What to Expect From LBLOCK/USD?

The coin overcame a temporary setback following a significant price dip on the 11th of February 2022. The drop led to a sideways movement for a couple of days before the market assumed its bullish momentum again.

LBLOCK, therefore, broke out of the ranging phase employing a channel. The price conducted itself to the previous high at $0.00746260 and broke through it. After that, Lblock ascended to a more prominent level at $0.00873850.

There is a slight pullback as the market tries to solidify its stance above $0.00746260. The Exponential Moving Average period 25 remains as support below the market, while the Stochastic gears up towards the overbought region.

LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)

The 5-minute chart shows that the pullback after reaching the superior level of $0.00873850 is significant as the price trades below the EMA period 24. However, the coin has now recovered above the EMA.
The market is now approaching the $0.00873850 significant level as it gears up for a more prominent position. The Stochastic is now oversold, meaning another pullback would likely precede the surge up in price towards a superior level at $0.01500000.

How To Buy Lucky Block

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