Lucky Block Market Prediction: Bulls Fortify Position Above $0.0000880 Support Level
Login

Lucky Block Market Prediction: Bulls Fortify Position Above $0.0000880 Support Level

Estimated Reading Time: 3 minutes

Azeez Mustapha

Updated:

Lucky Block Market Prediction – August 7

The Lucky Block market prediction is for the bulls to reinforce their stance by drawing strength from the $0.0000880 support.

LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Supply Zones: $0.0002980, $0.0001990, $0.0001690
Demand Zones: $0.0001420, $0.0001250, $0.0000880

Lucky Block Market Prediction: Bulls Fortify Position Above $0.0000880 Support Level

The bullish sentiment within Lucky Block is gaining traction from the underlying $0.0000880 support level. The market has sustained a consolidation phase since mid-May, marked by several attempts to achieve a breakout that has yielded limited success. Nonetheless, the bullish players exhibit resilience and are employing a familiar strategy to reevaluate resistance levels. This approach involves a deliberate descent to subsequently rebound from the $0.0000880 support level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block’s bullish forces are reinforcing their stance, drawing strength from the foundation provided by the $0.0000880 support level.

The market has been entrenched in a consolidation phase since mid-May, and despite various attempts to break free, substantial success has remained elusive.

Nevertheless, the bulls are undeterred, adopting a strategic approach to once again challenge the resistance levels. Their current manoeuvre involves a drop followed by a rebound from the $0.0000880 support level.

Market Expectations

On the daily chart, the Momentum indicator has exhibited a pronounced upward trajectory, mirroring the rebound in price from the $0.0000880 demand level. Concurrently, the Stochastic Oscillator lines briefly dipped into the oversold region but have since recovered and are poised for further upward movement.

Lucky Block Market Prediction: Bulls Fortify Position Above $0.0000880 Support Level

Promising signals are also evident on the 4-hour chart, where the Momentum indicator portrays more pronounced upward momentum within this condensed timeframe. The Stochastic lines have now advanced to the midpoint of their chart. Buyers are optimistic that this renewed surge in bullish activity will successfully breach resistance levels, particularly surpassing the $0.0001420 threshold.

 

How To Buy Lucky Block

NoteLearn2.trade 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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News