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Lucky Block Market Prediction – May 27
The Lucky Block market prediction is for the price to build a bullish movement ranging between $0.0000300 and $0.0000260.
LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Supply Zones: $0.0000360, $0.0000470
Demand Zones: $0.0000300, $0.0000260
The Lucky Block market now ranges between key levels to build the bullish momentum that will push the market to higher prices. The coin has previously risen above the $0.0000300 significant level from where it was consistently testing the $0.0000360 resistance level with long wicks. However, the bulls couldn’t create an opening and had to drop back to the $0.0000260 support level. The price ranges between this support and the $0.0000300 level to build the bullish momentum needed to surge upward.
Lucky Block Market Prediction: LBLOCK/USD Anticipation
LBLOCK ranges between crucial levels as it strives to cultivate the bullish momentum necessary for an upward surge.
Previously, the coin ascended above the significant $0.0000300 level, repeatedly testing the $0.0000360 resistance level with extended wicks.
However, the inability of bulls to breach this resistance led to a retreat back to the $0.0000260 support level. The price oscillates between these support and resistance levels to establish the momentum for a bullish breakout.
LBLOCK/USD Medium-Term Trend: Bullish (4-hours chart)
Crypto signals from indicators such as the Parabolic SAR (Stop and Reverse) dots on the daily chart which aligns below the candles, indicate a range between the $0.0000300 and $0.0000260 key levels. Meanwhile, the EFI (Elders Force Index) suggests market equilibrium, with the power line fluctuating around the zero level.
On the 4-hour timeframe, the EFI exhibits fluctuations around the zero level, albeit with increased volatility. Additionally, the Parabolic SAR dots alternate around the candlesticks, reflecting a consolidation phase in the market. The ultimate aim is to harness enough momentum to propel the coin to higher price levels, potentially reaching as high as $0.0000470.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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