Lucky Block Market Prediction: LBLOCK Holds Above $0.0001250 Support, Bulls Ready to Rally

Lucky Block Market Prediction: May 30

The Lucky Block market prediction is for the coin to create a stable market above the $0.0001250 support level, from which the price is expected to rise.

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

Key Levels:

Supply Zones: $0.0002980, $0.0001990, $0.0001690
Demand Zones: $0.0001420, $0.0001250, $0.0000880

LBLOCKUSD is making progress as it attempts to push back towards the resistance level at $0.0001990. The immediate goal is for the coin to hold above the $0.0001250 demand zone. When the price becomes stable there, it is then expected to spring upward back to the resistance level to break it.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The Lucky Block market is gradually making progress to get back to a higher price level. The market had been ranging below the $0.0001990 resistance level before the drop.

The lowest point reached was $0.0000880, but the price made some upward spikes to release itself from the pressure and climb above the $0.0001250 support zone.

The coin is now making a $0.0001250 stronghold as it maintains above the level before any upward movement. The Momentum indicator shows a direct and gradual increase in bullish momentum.

Market Expectations

The range of the Bollinger Band on the daily chart has been stretched due to the occasional spikes in the market. This has resulted in the upper Bollinger Band lying close to the $0.0001990 resistance level, while the underlying Bollinger Band is below the price of around $0.0000880.

Meanwhile, on the 4-hour timeframe, the range of the Bollinger Bands has reduced after the price ascended above the $0.0001250 support level. The Momentum indicator also seems to have moved laterally after the coin rose above $0.0001250. This shows that the price is holding above this key level to avoid a drop. The market will rise from this level toward the $0.0001990 resistance level.

How To Buy Lucky Block

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