
Lblock to Gain Momentum From Ranging
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Lucky Block Market Prediction – March 18
The Lucky Block market prediction is for the price to embark on a new consolidation phase to gather more momentum.
LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart)
Key Levels:
Supply Zones: $0.00540160, $0.00502670, $0.00474100
Demand Zones: $0.00378200, $0.00336565, $0.00220000
Lucky Block Market Prediction: What to Expect from Lblock?
The ranging phase, which began in late February, was a tool used by market buyers to protect the market from excessive price drops.
After a while of consolidating, LBlock descended out of the range zone. This was a tactic that buyers used to bring about a return to the bullish strength in the market. The result is that the market surged from a depressed state.
The price has now risen into the consolidation zone and is set to range for a while before more upward movement. With the price drop, the Stochastic is currently in an oversold region for an imminent rise.
LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart)
On the 5-minute chart, the price is now bordering the consolidation support level at $0.00378200. The price is expected to rise again towards the consolidation resistance at $0.00540160. As a result, it can be observed that the Bollinger Band has been squeezed on the 5-minute chart, and the price maintains a silent movement.
How To Buy Lucky Block
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