Lucky Block Market Prediction: LBLOCK Resurges Above $0.0001250
Login

Lucky Block Market Prediction: LBLOCK Resurges Above $0.0001250

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Lucky Block Market Prediction – May 24

The Lucky Block market prediction is for the price to rise above the next key level after it jerks back above the $0.0001250 line.

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

Lucky Block Market Prediction: LBLOCK Resurges Above $0.0001250

The Lucky Block market is now repelling the influence of the bears after it received much investment at a low of $0.0000880. The market has been jerked up very high but has now settled above the $0.0001250 key level. The bulls will look to increase momentum to jerk to higher price levels.

Lucky Block Market Prediction: LBLOCK/USD Anticipation

Although LBLOCKUSD has been predominantly bullish, the inability to surmount the $0.0001990 resistance allowed the bears to sneak into the market to influence it.

This led to the coin falling below several major levels until it reached a low price of $0.0000880. However, this has even worked to our advantage as investments poured into the market at that low price.

This resulted in a jerk-up of the price high above the resistance before it dropped to settle above $0.000125. The Momentum indicator shows an increase; however, the momentum has to continue for the price to rise.

Market Expectations

The RSI (Relative Strength Index) line has likewise jerked off the oversold border towards the middle line on the daily chart. Meanwhile, it has risen to the overbought border in the 4-hour timeframe. The retracement back to $0.0001250, however, causes the RSI to pull back towards the middle line.

Lucky Block Market Prediction: LBLOCK Resurges Above $0.0001250

The Momentum indicator on the 4-hour chart has likewise risen strongly into a positive value but shows a slight retracement. The price is currently holding above the $0.0001250 key level and will look to increase momentum to push back to higher levels, most likely the $0.0001620 key zone.

 

How To Buy Lucky Block

NoteLearn2.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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News