Lucky Block Market Prediction: LBLOCK Poised for Rebound from $0.0000260 Support

Lucky Block Market Prediction – May 30

The Lucky Block market prediction is to attract more investors for a rally by navigating between the $0.0000260 support and the $0.0000300 resistance levels.

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

Key Levels:
Supply Zones: $0.0000470, $0.000360
Demand Zones:$0.0000300, $0.0000360

The LBLOCK market is gradually conceding to the sellers after the price fails to immediately spring up after its initial retracement. Before now, just as the coin drops from a rising trendline, it forms a triple bottom bullish reversal structure to restart its upward ascendency. However, after the breakout, the pullback is dropping lower than anticipated and it could mean the sellers have taken advantage of the market.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Lucky Block is positioned to rebound from its current support level at $0.0000260, offering an attractive entry point for investors.

The coin’s strategic move aims to attract more participants while navigating between the $0.0000260 support and the $0.0000300 resistance levels.

This consolidation phase is anticipated to rejuvenate buyer interest, facilitating a breakout towards higher price levels.

LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)

Presently, the MA period 20 (Moving Average) hovers above the daily candlesticks, acting as a resistance alongside the $0.0000300 level. However, once market momentum gathers, the MA is poised to transition to a support role. Meanwhile, the EFI (Elders Force Index) oscillates near the zero level, hinting at a potential shift from negative to positive territory shortly.

On the 4-hour timeframe, the MA period 20 draws closer to the current trading level, offering potential support as it aligns with market dynamics. This convergence sets the stage for a smoother bypass of the MA, facilitating a bullish trajectory. Moreover, the EFI power line exhibits a triangular pattern characterized by consistent higher lows and lower highs, foreshadowing an imminent upward surge and signaling a rally in the making.

How To Buy Lucky Block

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