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Lucky Block Market Prediction: May 29
The Lucky Block market prediction is for the buyers to be energized by the inflow of investments at the low price level of $0.0001250.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0001990, $0.0001690, $0.0001420
Demand Zones: $0.0001250, $0.0000880, $0.0000720
The LBLOCKUSD bullish trend has been performing well in the current market, with buyers showing strong engagement. Currently, the market is in the buyers’ favour, and traders are optimistic about the potential for more buying activity. It is worth noting that the buy traders are now targeting the $0.0001430 key zone.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
The LBLOCK market tapered downward through a triangle structure coming in from the beginning of the year. The bullish intent of the market was only triggered when the coin eventually dropped to the $0.0001250 zone.
The buyers used the $0.0001250 support level to rally the market back upward. This will also be the case again during this period, as the market has plummeted because it could not break the $0.0001990 resistance.
The market has been slowly building up and has anchored itself into that $0.0001250 zone where buyers are expected to invest. As a result, the Parabolic SAR (Stop and Reverse) dots remain below the candles to show the progress so far.
Market Expectation
There is still a lot of progress to be made in this short time frame. The Parabolic SAR dots have switched above the candles due to the current lateral movement of the market. The MACD lines are now above the zero line but are bending downward. The buyers are investing in the market currently, and we can expect a rally towards the $0.0001990 resistance level.
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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