Lucky Block Market Prediction: LBLOCK Poised to Attract Buyers at $0.0000880 Support Level

Lucky Block Market Prediction: May 19

The Lucky Block market prediction is for the price to invite more buyers’ investment, to be done at the critical $0.0000880 support level.

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 has thus far prevented from rising beyond the $0.0001990 significant supply zone. However, the market remains forceful and is pushing hard to do all it takes to break beyond the supply level. The latest tactic by the market influencers is to allow for the investment of more buyers at a major demand level of $0.0000880 to drive the market upward.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

The $0.0001990 resistance level has placed a kind of limit on the bullish trend. However, market investors focus on $0.0002740 and are doing everything possible for a breakout.

After a confrontation by testing the resistance level didn’t work, the coin dropped towards a strong demand level. The essence is to allow more bulls into the market for an upsurge. The demand level is at $0.0000880.

Therefore, LBLOCKUSD has traded below the $0.0001690 support and the MA period 100 (Moving Average). The Stochastic Oscillator is ranging in the bearish half of its chart.

Market Expectations

The 4-hour chart shows clearly as the market slides down toward the $0.0000880 demand level. As this goes on, the buyers are setting themselves up at the demand level, waiting to seize the market. This is already happening just above the demand level, after which the coin is expected to surge upward.

Most of the 4-hour candlesticks have traded below the MA period 100. The Stochastic Oscillator lines have limited their wild ranging to a silent movement in the oversold region as the price slides to the demand level. LBLOCKUSD is expected to spring up back toward the $0.0001990 supply level shortly to break it. After which it will rise higher.

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.