Lucky Block Market Prediction: Bulls Strategize to Identify Weaknesses for a Potential Rally

Lucky Block Market Prediction – August 3

The Lucky Block market prediction is for the bulls to identify and exploit a point of weakness for a strong rally towards the $0.0001420 resistance

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

Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001250
Demand Zones: $0.0000880, $0.0000720, $0.0000360

Lucky Block’s price is expected to gain strength at $0.0000880, setting the stage for a bullish turnaround. The buy-traders’ controlled approach maintains a lateral market movement above the significant $0.0000880 level, to identify a weak point to fuel a price rally, potentially breaking the main resistance at $0.0001420. This strategy is currently effective.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block buy-traders exhibit adept control over the market, strategically balancing their strength without granting sellers unchecked influence.

This has resulted in a lateral market movement, positioned just above the significant $0.0000880 level. The objective is to identify a vulnerability that can propel the price to surge past all barriers

This will then lead to the breach of the pivotal $0.0001420 resistance level. The MACD (Moving Average Convergence Divergence) registers negative values, yet ongoing advancement is apparent, with an imminent anticipated crossover into positive territory.

Market Expectations

Concurrently, the EMA period 25 traverses the candlesticks, mirroring the bulls’ endeavours to identify a strategic weakness. On the 4-hour chart, the MACD lines teeter on the brink of transitioning to a positive value, accompanied by bullish histogram bars.

This hints at the bulls’ impending assumption of full market control. A crucial test of the $0.0001420 resistance level looms, holding the potential for the coin’s breakout from the consolidation phase. The EMA period 25’s trajectory persists in its glide through the candlesticks, indicative of the ongoing market dynamics.

 

How To Buy Lucky Block

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