Lucky Block Market Prediction: LBLOCK Bulls Seek Breakout Opportunity

Lucky Block Market Prediction: July 5

The Lucky Block market prediction is for the bulls to keep seeking a way to drive the price beyond the $0.0001100 key level.

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

Key Levels:
Supply Zones: $0.0001990, $0.0001420, $0.0001100
Demand Zones: $0.0000880, $0.0000720, $0.0000360

LBLOCKUSD ranges between the $0.0001420 resistance level and the $0.0000880 support level. Furthermore, the $0.0001100 key zone prevents the smooth price flow within the range. The coin has been trying to bypass the $0.0001100 zone since June 22 up until now. Currently, the coin is reverting to the $0.0000880 support level.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market is locked between $0.0001420 and $0.0000880. Nevertheless, buyers remain active and seek to attract more investors to push the price up.

The $0.0001100 to $0.0001250 zone is nested within the consolidation zone and has prevented the smooth price flow up to the $0.0001420 resistance level.

A bearish candlestick shows the coin bouncing off $0.0001100 back to the support level. The EMA period 30 (Exponential Moving Average) has slid downward until it reinforces the $0.0001100 level.

Market Expectations

On the daily chart, the EFI (Elders Force Index) shows a relatively silent market. The powerline has been undulating around the equilibrium level since early June. The bulls retain the advantage due to being close to a major support level at $0.0000880.

On the 4-hour chart, the EMA period 30 lies above the candlesticks, posing as resistance. The EFI on the 4-hour chart remains close to equilibrium on the daily chart. This allows the bulls to drive upward against the key level and breach it. The aim will be to first rise to the $0.0001420 resistance level.

 

How To Buy Lucky Block

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