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Lucky Block Market Prediction: July 27
The Lucky Block market prediction is that the bulls will continue to put pressure below the $0.0001100 level and aim to break out at any opportunity.
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
LBLOCK finds itself in a crucial phase as it strives to surpass the significant weekly resistance at $0.0001100. The bulls’ determination and the transitional market conditions indicate a potential shift in price direction to a bullish phase. Market investors are advised to stay alert and join the market as soon as the price begins to drive aggressively upward.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCK is currently facing a critical juncture as it attempts to break above the formidable $0.0001100 weekly resistance level, signaling a potential upside movement.
After experiencing a dip in its price on July 14, the bulls have demonstrated resilience, finding support at the $0.0000880 level and subsequently staging a revival.
The bulls are engaging in a persistent siege to force the price upward. The coin is in a transitional phase. The Moving Average (MA) Cross on the daily chart displays a predominantly sideways movement, underscoring the uncertainty prevailing in the market.
Market Expectations
Meanwhile, the Momentum indicator fluctuates, rising and falling intermittently, indicating the coin’s attempts to gather momentum to overcome the resistance barriers. The 4-hour MA Cross depicts lateral movement, suggesting a consolidation phase as the price consolidates near the critical resistance level.
The fluctuating movement of the Momentum indicator further reinforces the coin’s concerted efforts to prepare for a breakout. The bulls’ strategic approach of laying a siege below the $0.0001100 resistance signifies their cautious and patient stance, seeking the perfect timing to strike through and secure a successful breakthrough to $0.0001420.
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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