Lucky Block Market Expectation: LBLOCK Buyers Gear Up for a Bullish Drive

Lucky Block Market Expectation: June 3

The Lucky Block market expectation is for the price to eventually surge upwards as the bulls start to step up in anticipation of a bullish drive.

LBLOCK/USD Long-Term Trend: Bullish (1 Day Chart)
Key Levels:
Zones of Supply: $0.0000470, $0.0000360
Zones of Demand: $0.0000300, $0.0000260

Lucky Block bulls are now revving up in their preparation to pump the coin higher. Although the market seems to be quiet, bulls have begun underlying work in the background. This is reminiscent of the period from November to December last year when the bulls worked behind the scenes until the price surged. A similar scenario is anticipated to occur again.

Lucky Block Price Anticipation: LBLOCK/USD Outlook
Lucky Block plunged to the $0.0000260 support level on May 17th and immediately attempted to break the resistance and rise back.

However, the market was strongly rebuffed, leading to an accumulation phase that reduced market activity and volatility.

Nevertheless, following this period of silence, the bulls are now gearing up to breach the resistance level again. As a result, background activities have begun in LBLOCK.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
The MA Cross (Moving Average) lines on the daily chart crossed downward on May 15th and have since remained above the daily candlesticks as the price dropped to an accumulation phase. The Stochastic Oscillator lines have been ranging closely to the oversold border since early May.
In the 4-hour timeframe, the MA Cross has descended to the base of the candlesticks and made double upward crosses as buyers begin to build in the background. The Stochastic Oscillator lines occasionally spike to the overbought borders, indicating underlying buyer activities. Crypto Signals suggests that LBLOCK will rise strongly to breach the resistance level.

How To Buy Lucky Block

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