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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
Note: Learn2.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.
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