Lucky Block Market Prediction: July 12
The Lucky Block market prediction is for the coin to maintain its bullish trajectory and pierce through the resistance levels to reach $0.0001620.
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, $0.0000650
The Lucky Block market is slowly creating a path by which it will edge out of the consolidation zone. While the price has been prevented thus far from rising above the $0.0001420 resistance level, it has been held firmly above the $0.0000880 demand level. The coin is rising off the demand level, making consistent bullish progress.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
Despite the price failing to bypass the $0.0001990 resistance level and falling further below the $0.0001420 key level, LBLOCKUSD remains a bullish market.
The bullish nature of the market is seen in many upward spikes as the price drops. This shows that the bulls attempt to restore the price to its highest levels.
The coin is making a fresh attempt to rise off the support level. There have been many spikes accompanying the price rise. In addition, the MA period 25 (Moving Average) has slipped below the candles.
Market Expectations
The continuous bullish progress is shown by the MACD (Moving Average Convergence Divergence) indicator. Its line has been rising since it crossed upward on May 25th and is now on the verge of crossing the zero line.
On the 4-hour chart, the MACD lines have crossed over the zero line and are still gunning upward. Bullish histogram bars are present both on the daily and 4-hour timeframes. The MA period 25 is still underlining the candles on the 4-hour timeframe, showing a continuous upward trajectory. Buyers are advised to join the ride as the price approaches $0.0001620.
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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