Lucky Block Market Expectation: Lucky Block Maintains an Undulating Uptrend Motion


Lucky Block Market Expectation – July 18

The Lucky Block market expectation is for the price to continue its upward liquidity flow. The coin is undulating upward along an uptrend line, and the market is predicted to continue in the same motion.

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

Key Levels:
Supply Zones: $0.00089540, $0.00093270, $0.00092110
Demand Zones: $0.00078000, $0.00083930, $0.00087930
Lucky Block Market Expectation: Lucky Block Maintains an Undulating Uptrend Motion
Lucky Block overcame a critical level at $0.00081040 to convert its market to a bullish one, and the market has not looked back ever since. Several key levels are continually being violated due to the system of price increases employed by LBLOCK. The coin is seen undulating along an upward trendline. Currently, the price is dropping towards the trendline to gain strength upward again.

Lucky Block Market Expectation: LBLOCK/USD Revives Bullishness

The breakthrough for the coin came when it was finally able to breach the $0.00081040 level. Much momentum was stored below it, which the price forcefully pushed through.

Despite the market’s glide up the trendline, the market met significant resistance at $0.00086860, which forced the price into a temporary sideways movement before a retracement was used to break away from the confinement.

Lblock is currently retracing towards the trendline while still in a general uptrend. The MACD (Moving Average Convergence Divergence) records the temporary bearish state with a line below the zero level and bearish histogram bars.

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

On the 5-minute minute chart, even within the retracement, the market is making lower highs and lower lows. That makes the Parabolic SAR (Stop and Reverse) alternate its dots about the 5-minute candlesticks. The market will aim to reach a confluence position where the trendline meets with the $0.00087930 support level.
Lucky Block Market Expectation: Lucky Block Maintains an Undulating Uptrend MotionThe coin is expected to recover and bounce upward to make a new higher high and break several key levels as it maintains its uptrend movement. The current high of the market is pegged at the $0.00092110 critical level. LBLOCK/USD will be looking to breach that level and reach higher highs.

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.