Lucky Block Market Prediction: May 2
The Lucky Block market prediction is for the buyers to remain consistent in their quest to break through the $0.0001990 barrier.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0002980, $0.0001990, $0.0001880
Demand Zones: $0.0001570, $0.0001420, $0.0001250
Lucky Block buyers seem undeterred by the elongation of the period of price accumulation. If at all, the buying base remains pumped up to ensure they eventually rise above the barrier. There are several spikes with which the price has pierced the resistance at different points to confirm this.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Lucky Block has been confined below the $0.0001990 resistance level for more than 4-weeks now. However, the buyers remained pumped up to push through the barrier.
The buy-traders desire to make headway as there are more tests at the consolidation resistance level than at the support level of $0.0001690.
The MACD (Moving Average Convergence Divergence) lines, although it hangs above the zero level, are being forced to descend due to the long period of price accumulation.
LBLOCK/USD Medium-Term Trend: Bullish (4-hour chart)
On the daily chart, the occasional spikes of the price pierced through the resistance level have pushed the upper limit of the Envelope indicator above the same resistance zone of $0.0001990–$0.0002040. Meanwhile, the lower limit of the Envelope is above the $0.0001690 support. This shows the eagerness of the bulls to push through.
The 4-hour MACD lines are below the zero level, but there is a current resurgence in which the lines swim upward toward the zero level. The Envelope on the 4-hour chart shows the ranging path of the market, which extends beyond the resistance level. This is like on the daily chart, showing that bulls pump to break through and rise to $0.0002740.
How To Buy Lucky Block
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