Lucky Block Market Prediction: LBLOCK Buyers Pumped to Take Over the Market

Lucky Block Market Prediction: May 15

The Lucky Block market prediction is for the buyers to keep striving to break the $0.0001990 resistance level until they violate it.

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

Key Levels:
Supply Zones: $0.0002980, $0.0002740, $0.0001990
Demand Zones: $0.0001880, $0.0001570, $0.0001420

 

Lucky Block remains pumped to set the market on a bullish course. The latest attempt sees a long spike that pierces through the resistance level. However, the price is still trading above $0.0001420. We can, however, expect more volatile movement in an upward direction, and the bulls seek to weaken the resistance level and rise to $0.0002740.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Although the strong resistance level at $0.0001990 remains as solid as ever, Lucky Block buyers remain pumped up to break through and take control of the market.

The latest attempt from the market sees it send a spike that pierces through beyond $0.0002210 before correcting back to $0.0001420.

LBLOCKUSD is expected to keep tugging at the resistance, thereby weakening it each time. The latest spike has caused a strong rise in volatility, as shown by the ATR (Average True Range) indicator.

LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)

The candlesticks were closely lined under the resistance level previously until the price dropped further on the 6th of May. This also causes the RSI (Relative Strength Index) line on the daily chart to slip below the 50 mark, but it doesn’t reach the oversold border.

Also on the 4-hour time frame, the RSI line only touched the border at the time of the drop and has been fluctuating around the middle line since then. The ATR indicator still shows that market volatility has taken a step upward, and the bulls might just take advantage of that to throw more spikes at the resistance level till it violates it and rises to $0.0002740.

How To Buy Lucky Block

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