Lucky Block Market Expectation: LBLOCK Buyers Are Swaying the Price

Updated:

Lucky Block Market Expectation – July 13

Lucky Block market expectation is for the price to respond to promptings of the buyers. There are already signs to show that market reversal is ongoing.

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

Key Levels:
Supply Zones: $0.00095460, $0.00081040
Demand Zones: $0.00078000, $0.00086860
lucky block marketLucky Block buyers are doing all they can to end the continuous reign of the bears. The price has been on a definite downtrend since the 9th of July. This has stretched up till today, the 13th of July, 2021. Finally the price touches down at $0.00078000 where the buyers have set a barricade and the coin is replled upwards.

Lucky Block Market Expectation: LBLOCK/USD revives bullishness

The $0.00095460 has been the peak of the market for a while. The last time the price attained to this level was on the 8th of July, the market has been on a downtrend ever since.

However, buyers have increasing their capacity despite the fall of Lblock. The drop in price is an avenue for much buyers to join the the market at the right price level. The price mark has been set at $0.00078000.

On the 13 of July, as anticipated,the price touched down at $0.00078000 and rebounds strongly to halt the downtrend and predispose the market to an uptrend. The Parabolic SAR (Stop and Reverse) dots have aligned below the 1-hour candlesticks to confirm reversal.

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

The coin is now approaching a critical price level of $0.00081040. This is the level at which the bulls are expected to demonstrate their renewed vigour by breaking to the upside. The EFI (Elders Force Index) indicator on the 1hour time frame is rising but below the zero level, it has risen above the zero level on the 5-minute chart. Bulls are getting stronger.
lucky block marketAs the price is rising towards the $0.00081040 critical level, the Parabolic SAR (Stop and Reverse) indicator has aligned its dots to support an uptrend, both on the long and short time frames. When the coin breaks through $0.00081040, it will aim for the recent peak level at $0.00095460.

How To Buy Lucky Block 

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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.