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Lucky Block Market Prediction – June 30
The Lucky Block market prediction is for the bulls to keep pressing against the resistance levels, determined to break through and forge ahead.
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 is striving relentlessly to transform its market into a bullish one. The market had staunchly halted the prices drop at the critical key level of $0.0000880. The current quest is to surpass the limitations at $0.0001100, $0.0001250, and $0.0001420 and then moved to challenge the resistance at $0.0001990. This will lead the coin back to its former heights.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The Lucky Block market appears to be in a price accumulation phase as eager buyers look forward to finally breaking out. The immediate objective is to push above the $0.0001420 major resistance level.
However, the $0.0001100 price zone has made it challenging for the market to push directly against the $0.0001420 resistance. Nevertheless, the bulls are putting pressure on the zone to bypass it.
The price recently spiked upward to reach $0.0001990 but has dropped back below $0.0001100. LBLOCK will have to push harder to reach the $0.0001420 resistance. Nevertheless, bulls are applying pressure to surpass the obstacles. The coin is attempting to push against the $0.0001100 zone again after dropping below it. The Stochastic lines dropped but are expected to run upward from the oversold position it is currently in.
Market Expectations
The spike up to the $0.0001990 resistance level has switched the dots of the Parabolic SAR (Stop and Reverse) to the market upside, which is the bearish tune. However, this is expected to change once the bulls take over.
The 4-hour timeframe is almost a replica of the daily timeframe. The Stochastic Oscillator lines have plunged into the oversold region and are set to rise while the Parabolic SAR dots above the candles are descending gradually. Buyers are working in the background, and the price is poised to push upward soon.
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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