Lucky Block Price Prediction: LBLOCK Gains Upside Traction

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Lucky Block: 21st of October, 2022

Th LBLOCK price action seems to be steadily gaining upward traction as the price recovered from below $0.0002100. And now, price action is already attacking higher limits as we move on today.

Current Price of LBLOCK: $0.0002111
Market Cap of Lucky Block: $0.77 million
LBLOCK Flowing Supply: —–
Total Supply of Lucky Block: 3.65 billion
Coinmarketcap Ranking for Lucky Block: #4298

Notable Price Levels:
Resistance Levels: $0.0002111, $0.0002130, $0.0002150
Support Levels: $0.0002100, $0.0002090, $0.0002080

Lucky Block Price Prediction: LBLOCK Gains Upside Traction

Lucky Block Price Prediction: LBLOCK Reclaims Above $0.0002110

Viewing the LBLOCK/USDT 4-hours chart generally, after the recent spike, we can see that price in this market has been moving in a gradual path to the upside. However, Lucky Block is pressing on in this trajectory even as we speak. With the appearance of the last green candlestick on this chart, price action has moved closer to the Moving Average line. Also, the contraction of the Bollinger band on this chart signals an impending significant market move, more possibly to the upside. Furthermore, the MACD lines are now shaping to indicate additional upside move even from this point, as its lines move closer to each other. With all these signals price action in this market is already focusing on $0.0002200 price levels and is likely to break above it.

Lucky Block Price Prediction: LBLOCK Gains Upside Traction

LBLOCK Price Prediction: Lucky Block Upward Move Strengthens

As the last price candle on the LBLOCK hourly chart touches the MA line of the Bollinger band, hopes of price action reclines above this line gets brighter. Also, our Bollinger band continues to contract, which maintains the opinion of a higher price move. The MACD lines have now touched each other at -0.00000075. Eventually, price is more likely to continue to rise upwards to the upside. Consequently, may soon rise to the aforesaid price level and beyond it. Buying at the moment is a good idea, as prices seem to be preparing to move higher.

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Source: https://insidebitcoins.com/news/lucky-block-price-prediction-lblock-gains-upside-traction