• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Lucky Block Price Prediction: LBLOCKUSD Set the Base for the Next Upward Move

Johnathon Fox
02/02/2024 | UPDATED ON: 02/02/2024

Lucky Block Price Prediction – February 2
LBLOCKUSD is about to resume its upward move. The cryptocurrency at the moment has set the base for the next upward move by trading in green at the support level at the moment. The coin is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, and the price closes above the $0.0001047 supply trend line; this will trigger the buying opportunity for traders and increase the crypto signal for the next trading session.

Levels:
Resistance levels: $0.0000600, $0.0000700, $0.0000800
Support levels: $0.0000450, $0.0000400, $0.0000350
Lucky Block Price Prediction: LBLOCKUSD Set the Base for the Next Upward Move
LBLOCKUSD Long-term Trend: Bearish (Daily Chart)
LBLOCKUSD is in a bearish market zone in its long-term perspective. Further, the coin has just set the base for an upward move, as we can see the new upbeat trend below the supply level. The price is now on its way up to the resistance area to validate the bearishness

The bear’s pressure at the $0.0000389 support value in the last few days has contributed to its bearishness in recent times.

The market value of Lucky Block jumps to a $0.00004025 high value below the supply level shortly after the commencement of the daily session today to resume the next upward move.

Thus, a possible breakout from the mentioned supply will accelerate the buying momentum and set the base for the Lucky Block price to hit the previous high at $0.0001047 level, bolstering buyers for a sustainable rally.

Adding to that, the market price of LBLOCKUSD is in the oversold region of the stochastic, this means that the selling pressure has reached an exhaustion, and the expected upside move in the price could be high at $0.0002000 swing high in the coming days in its long-term outlook.

LBLOCKUSD Medium-term Trend: Bearish (4H Chart)
LBLOCKUSD indicates a downward trend with a bearish sentiment in its medium-term perspective. The coin price which remains in green below the supply level has set the base for the next upward move.
Lucky Block Price Prediction: LBLOCKUSD Set the Base for the Next Upward Move
However, the market is presently facing resistance at the recent high due to the returns of the bulls into the market at the present.

The price action which increases from the $0.0000376 level to the $0.0000413 resistance level below the moving averages as a retracement move, affirms the presence and the impact of the bulls in the Lucky Block market.

Therefore, if the bulls should increase their tension in the market, the price tendency will move above the key levels

However, the bulls are ready to set the base for the next upward move and take the pair to a psychologically key level on the upside as soon as the day goes by in its medium-term time frame as indicated by the daily stochastic which is pointing upwards. The $0.0002000 supply level might be the target.

You can purchase Lucky Block here. Buy LBLOCK

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « USDJPY Looks Promising at the $147.89 Resistance Value
Next Post: Solana (SOLUSD) Price Will Soar Higher to Retest the $125.97 High Mark »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com 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.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US